I did put in about 15k of work into the place to get it from the 1980's look to something more modern as the rentals I am competing against are newer builds, but at higher price points. 

thank you for the detailed answer!

https://www.realtor.com/realestateandhomes-detail/1852-W-Jef...

Hi Nate - It'd be worth asking the lender for a detailed breakdown of closing costs for this program, as well as an estimate of the interest rate you'd get with today's rates (they'll probably need to pull your credit to do this).

Without knowing the full details or your experience, you may be able to rate and term refinance into a bridge loan until you sell. 

How much detail are you wanting:In Renovations, this can be anywhere from $30k to $500k, depending on properties needs, scope of work, scale of finishes, access to labor, etc.

See the attached breakdown of losses for more details.

The rates are higher and points +++ plus prepay for a commercial loan or hard money loan.Loans closed in America are reported and stats are available as to who closed, how many, loan officer, dollar amount, loan type, location and more detail.

U want an attorney NOW to explain to you in detail the laws surrounding how the mechanics work.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.