Now they added 2 additional security.

Just want to figure out if agency debt is based off of the agency or the lender specific spread.

Otherwise, she will stay.You're charging her 25% under the low end of market rent and she's asking for an additional discount.

Conventional financing, buying with cash then refinancing after rehab, partnering if needed, heck even using hard money might be preferable here rather than taking on the additional risk of using subto, without much benefit because of that high rate... 

It is always wise to have some additional capital on the sidelines to help advance your projects rather than relying solely on the bank draws but one month is beyond reasonable.

Additionally, for rate-term refinances, many DSCR lenders have no seasoning requirements at all.Easier qualification: DSCR lenders have much lighter qualification requirements than conventional or portfolio lenders, such as no DTI, income verification, or tax return hurdles that can slow down or disqualify loansFlexibility: While conventional and bank lenders are heavily regulated and follow standardized rules, DSCR lenders have much more flexibility and control over their guidelines.

So we paid $41.5k for $77k worth of debt and took on the risk with this borrower.4.

Now my own mortgage is paid, new HELOC and new property mortgage is paid which leaves me no additional cash flow.

These initiatives make it easier for you to purchase a property with less money down, increasing the viability of house hacking.Strategic Property Selection: Pay attention to assets that offer prospects for value addition and have a high rental potential.

But no 401K or IRA.I have $67K in non- mortgage debt that I am snowballing. $185K of mortgage debt on my primary.