The cap rates themselves from their ads don't include the cost of a commercial mortgage in their calculation.Now commercial loan rates that I'm seeing are at minimum 6% and higher. 

If you leave the property in your own name anything in your name is at risk, including your personal residence, savings, and future income.

I want a template that will automatically give me all the equations and include both the purchase, a cashout refinance with a new mortgage balance and % along with recording all the rents and expenses. 

Don't forget with a MTR you're paying all utilities including internet and yard care/snow removal, where with a LTR the tenant is paying all that. 

After they confirmed they make less than the rent, I denied the application on those grounds.After that, they messaged me that they have a housing voucher which was not included in the application as a source of income and that the housing voucher would make their income reach the minimum requirements.What do I do now?

That being said, these will also have the strictest underwrites, including credit, DTI, and asset requirements. 

He is decesed right now, but I have his social somewhere anyhow this could get me to anywhere with USAA? 

I’m not a fan of including utilities as you encourage tenant waste and your property appears to be more expensive than the comps. 

The max qualifying DTI is 48.99% which includes your housing expense and all other debts on your credit report.

I'm happy to talk about the greater Phila market (including suburbs).