@Brett Coultas if you're a newbie, you want to be careful of an "investor friendly" agent selling you something they truly don't understand:(95+% of agents only know how to handle owner-occupied transactions - you can verify this by asking them calculate ROI for you or Cash-On-Cash!

A straightforward way to estimate value is by looking at the price per square foot and using that to calculate your property's worth.In situations like this, it's worth spending a couple of hours yourself to get a solid understanding of the market.

Build a strong team, including agents, lenders, and property managers, and use tools like the BiggerPockets calculator to analyze deals.

Most lenders require proof of someone else paying the note for around 9-12 months so that the debt isn't counted in their DTI calculation.

Helocs have many different ways to calculate income once you get outside of the bank world. 

Being a responsible person has nothing to do with the financial calculation for rate of return or cash flow. 

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

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

This puts the home underwater.I've calculated the following two options: To sell the house, it would cost me about $60,000out of pocket.

Best advice is to learn from others and take calculated risks.