FUNDING UPDATE:Hi everyone, thanks for keeping up with me and my undying drive to acquire this property.I spoke with my lender and the idea came up of pulling a HELOC on my 3-Unit house hack (which I bought some significant equity in) and using that line of credit for the down payment of a DSCR loan. 

Also, 6 months reserves is a great rule of thumb, and some lenders require that as proof as well.We do have an arrangement with Helix Mattresses where I can +/- 50% off retail with free shipping on all mattresses. 

Definitely in it for the long game. 6 months ago I could have pulled the trigger if I had my mind in it, then of course life happens and now we have some work to do before lenders will give us the time of day. 

Creditors and lenders are not required by law to report to credit bureaus.

Hello Joshua, welcome to bigger pockets. let's connect and will be willing to recommend lenders and brokers depending on your investment needs.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The only caveat is that the mortgage lender likely has a clause that says they can call the note due in full upon transfer. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

If this property is being financed you will also need the mortgagee clause from your lender to be added.

Hello Trace, My name is Luis; I am not a direct lender but a mortgage broker so I work with mortgage lenders.