You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

So I might cashflow a little bit but big picture I have principal paydown over $600/month which will grow with that low interest rate.

Not knowing more details @Peter Woerner I would hope just for ballpark figures that your PI (principal and interest) are not much more than $950 with rent being $1900 if all other things are average.I like your long-term views.

I'm considering trying to pay down this mortgage faster since the interest rate is a lot higher than I'd like it to be, and if interest rates drop and I'm able to refinance in a couple years, it would be nice to have even less of the principal to refinance on.

Either way I would be looking up the principals and start contacting them. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

Approximately $25k per month, principal and interest. 

That 85% ($85,000 in this example) reduces my death benefit dollar for dollar, but does not reduce the amount of principal (probably not the right word) on which interest and dividends paid to me are based.I think I gathered somewhere in the thread that the dividends/interest paid to me can be used to pay the premiums, meaning I could essentially avoid paying any further cash into the policy.