Moving there initially since low down then ideally want to rent some rooms to cover mortgage!

Hi everyone, heres my BRRRR situationpurchase price 520,000rehab 25,000Appraised at 600,000Rents are now at 1950, 1850 and 1600 totaling 5400My question is can i get a DSCR to take out all 545,000 as the rent roll to to a mortgage for that amount would ratio out to around 1.4 but....obviously appraisal is not high enough for 80/20Any info on this or suggestions would be great.

Thanks in advance. advice would be not to commit mortgage fraud by getting FHA loans with the intention to flip the property..

I am also a mortgage broker so we can hook you up on the lending piece.

They are a great person & I wish them the best of luck for future work.However, I'm somehow unable to justify the $25k+ I am expected to pay to them as commission on each $1M invested.If I am researching the market myself, creating comps myself, reviewing each disclosure myself, working with the mortgage lender myself, finding problems in the homes myself -  what is the value add that the agent is bringing to the table that I can't execute myself?

Also, I am assuming since you house hacked that you only did 5% down, which then increases your mortgage payments compared to 25% down buyers.

There is a certain shared happiness in the success of an investment and watching it grow, if done the right way.I have met someone recently who operates a private charity and gives back to the poor and downtrodden.

He is older and does not have a mortgage and there is a lot of deferred maintenance on the property.

Also makes private lending easier.

They're very different thankfully so it feels like there's always at least one who's acting like a normal human being...A defeasance is something that happens on commercial properties when a securitized loan (like a CMBS [commercial mortgage-backed security] or agency loan) needs to be paid off early, either when you're refinancing or selling your property that has a loan on it.