DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

It could be helpful to have a real estate attorney look over these agreements for added security. 

As the title says, I am new to real estate.

Also, if you are an agent with experience in the Loreto real estate market, pls DM me.

To get accurate information on renting by the room, check with a local investor-friendly real estate agent.

Quote from @Bryan Melendez: Hello all, my name is Bryan Melendez.I am new to all thing's real estate, residing in South Florida. 

@James Holden you're not even in our database, so if you're going to diss us at least use your real name!

It doesn't appear you are in position to purchase real estate at this time. 

You are trying to enter ACTIVE real estate investing where YOU play a SIGNIFICANT role.

However, you should ensure that the contract language allows for such changes without requiring a full contract re-signing.Consulting with an attorney familiar with Florida real estate and property management law is advisable to ensure compliance and avoid any potential legal issues when making these adjustments.Let me know if you need help with any other aspects of this process!