The loan is with you, not with your tenant, so none of that means anything to them - in fact because you live in one unit and it's under 4, if you were self-managing you don't even have to abide by fair housing laws (at least on the federal level). 

My mother-in-law is saying that my wife needs to sign off on the loan.

I'm hesitant to give up my conventional loans on the next cash out refinance for DSCR loans.

More on DSCR loans: DSCR loans won't use your income to underwrite the loan. 

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

The lenders that offer the 203k renovation loan are telling me that DPA cannot be used with it and this is in Ohio.

Together, the property nets us roughly $1,400/month after expenses.Equity Split: My partner owns 60%, and I own 40%.I'm exploring ways to take out my equity without disrupting this deal, as I feel this isn't the best financial decision for me right now.

has anyone had positive/negative results in dealing with a company called 212 Loans?

Hi Kelly,I am currently with Equity Trust not by choice since they bought out Midland Trust last year (2023).

Getting a property with a 3% mortgage that offered both equity appreciation and solid cash flow is what sparked my passion for real estate investing.