Here's a bit more in detail about how rates are calculated for DSCR loans:1.

While rates were near all time lows, we bought a home that we could reside in and rent out the backyard detached living garage space.

These days, I'm only doing 1-yr prepay DSCR loans anyway because I expect rates to go down to where I'd want to refinance within 2 years.The other thing I did was beef up the monthly rent so that I could better qualify for the DSCR loan (but you need to use a lender that uses actual rents instead of market rents). 

Highly rated and you feel great after connecting with them. 

It’s a neighborhood that’s gaining momentum as more investors discover it.Key ROI Factors:Low entry prices compared to other urban neighborhoods.High appreciation rates as demand spills over from nearby areas like Berry Hill and Wedgewood-Houston.Pro Tip: Look for 1950s ranch-style homes with potential for open-concept layouts.4.

If you're looking at the BRRRR strategy DSCR rate and term or cash out refinances are an easy way to refinance the hard money debt. 

If you provide more details on the home value, existing mortgage remaining and what the interest rate and payment are you may get some better advice.Is your dad willing to take that $100k of equity over time instead of all up front?

She is currently living in it while I moved out, I am not paying the mortgage any since I am no longer living there but she wanted me to stay on the mortgage because our interest rate is 2.7%.

I recommend you really study your market to determine the appropriate rent rate, then market yours 5-10% below the competition for a six-month lease.

In fact, mortgage rates often RISE after a Fed funds rate cut.