The loan balance is $60k.

Getting the DSCR loan for the investment property is the easy part 

Can you purchase one with an SBA loan?

Once purchased and repaired (with a HML) we refinance with a long term loan or a DSCR loan and obtain quite decent cashflow while enjoying the appreciation Denver offers.

if you use a DSCR loan expect your closing costs to be 5-10K and your rate to be in the mid 7s to high 8s. 

@Spencer FeuerbachYou can't get the same type of commercial loans or cash-flow refinancings.

When I was working out numbers for seller financing, I got to the point of giving the owner $315,000 lump sum then taking over the loan at 2000/month however when you do ROI that means you'll get $800/month cashflow at best which is 800*12months for a total of 9600/year CF. if you do 9600/315,000 that means you get a ROI of 3%. which is not nearly as good as stock market. also 315,000 lump sum I do not have :( I need help.

@Dan ThomasWhat don is doing is reselling the property with a :Wrap" loan. 

I made it abundantly clear verbally and in writing that I need receipts and invoices for work completed, because it was to be applied against a tenant security deposit. 

Planning to sell two investment properties in CA and buy one primary residence in CA.Property 1 is listed and expected to sell in August to September timeframe (Around 150K long term profit, total sale price around 0.85M, no loan)Property 2 is under renovation and expected to be listed in August-September, and close around October to November (around 400K long term profit, total sale price around 1.7 M, around 0.6M loan. ~1.1 M in cash).What is the best time to buy the replacement property?