Mortgage: The deed reflects ownership of the property, while the mortgage reflects liability for the loan.

DSCR purchase loans for existing Padsplit properties that have rental history, AND fix and flip loans that I will need to refinance into DSCR for properties I will turn into Padsplits.   

I got lucky that the tenant wanted a house in my neighborhood to keep kids close to their schoolsHouse was listed for 1750, they offered 2250 but I declined , so they offered $3k, ended up renting the house for $3250 ($250 pet rent) per month, for 3 month, open to extension if needed.I met the tenant and did the background check on them, I felt comfortable renting to them THD takes time with approving the property, but they were quick to approve the lease, and they sent me the checks the next day after lease signingMy house is not furnished, and they were ok with that , they actually work with a company that provides furniture for the tenant, and they coordinate the delivery and setup of furniture on the lease start dateOverall I like the experience working with them , but hey today is day #1 (out of a possible 3 months), so I will update this post if anything wrong happens or if I notice any red flags

If you are not you need to save more money. 20K will not go very far on a property fi you are not going to live in it. 

I also talked to a property manager in the area asking for advice.

Nice that your first property is a 6-unit.

We are just looking into ALL the things before diving into purchasing an investment property and have a question for a mortgage broker or anyone who may know.

Not saying it's correct, but our property management company does not require any documentation like that from owners.

I know this is more of an investing forum, but I figured I'd reach out and see if members with an investing background would provide advice.We're preparing to purchase a vacation property in North Myrtle Beach.

Use the lookup function with my name and Spring lake and Journeys End subdivision posts.First step is have your local surveyor survey the property.