I wasn't planning on going this big for my first investment but the deal, location and potential to value add was too good to not go for it.Thank you! 

It was all good and my house was showing up top in the list.Today on the same street two more houses came up for rental now.

just a lender, he was good.

However, these programs typically qualifies borrowers based on their income, such as tax returns.The DSCR would be a good option considering you and your husband are entrepreneurs and the tax returns don't look good on paper.

They net net net 45k a month its totally passive for them they have a very good PM..

Maybe find a good designer that can provide services to install and setup the spaces.A lot of these ideas are going to depend on where you are buying.

Some/many lenders don't like a 2nd mortgage behind their first (like the skin in the game), however there are both bridge or permanent financing options out there allowing you to leverage anywhere from 90% CLTV - 100% CLTV, but don't expect good terms...

It will help ensure you have a good deal and that your deal makes sense.

Quote from @Jay Hinrichs: Good Morning Don,I think most Note investors or those originating new loans/mortgages usually stick to one camp or the other..

Welcome to BP Bi and good luck investing!