Are you about to start up UPT I presume?

The debt service will be higher than what you presumed.

I purchased my first home for 3bed 2 bath 1404 sq/ft ranch with detached 2 car 96k in a B neighborhood 45424, put 10k into for reno (all DIY) with a presumed sale tag between 125-130k sale/ 950-1150 rent per comparables.

Presuming you are talking about having both policies on the same property, the answer - here anyway - would be "No".

I presume that when you say investment loan you are referring to a promissory note, correct?

The case you describe is interesting, pricing a home at the market price, presumably based on comps, and then having it sell for over that price.

So, the bank never foreclosed, I presume?  

I would also pay a higher rate for a private lender that would presumably account for a larger portion of the capital stack,I was wondering if people knew the best strategies to look to acquiring this type of financing,Thanks,Evan DemchickHollub Homes - Relationship Built.

I presume so since you're still doing it. 

I presume it means there IS an IRS lien.