Quote from @Nicholas Dillon: I read somewhere that you can request to have your mortgage insurance dropped once your Loan to Value reaches 80%.

A common strategy I see with diversification exchanges, is that the investor will purchase the first property cash and the second with a mortgage.

If millenial homeowners can't even change their home's air filters, or snake a toilet, or change the oil in their car, that's guaranteed future business for HVAC companies, plumbers, mechanics, and those places all need a place to conduct business in.The commercial mortgage pricing software I use has somewhere around 50 different asset classes in it.

DSCR would be considered a Non-qualified mortgage.

., mortgage interest, taxes, repairs, depreciation) on Schedule E starting when the property is placed in service.

Normal mortgage rates are in the high 6's now, for a personal residence, and higher for an investment property. 

As for numbers, I currently owe $86,151 on the mortgage, and on Zillow it is listed at $143,600 but the numbers seem to be inflated on that site.  

@Kayla Elliott  Hi Kayla - this was a commercial mortgage loan with a local bank, that held it "in house" after it was issued. 

2.Are there strategies to reduce the required down payment or secure better mortgage terms?

I had specifically asked for numbers including mortgage payments and they emailed to me.