That way you can use that 2% to do a rate buy down to ensure a better cash flow.If you are buying it as a Primary owner occupancy I would ask for 3-4% seller credit to cover rate buy down and a portion of closing costs.

Hi Account Closed I am in the Raleigh-Durham area

Rehab portion of the loan was to repair some interior work worth up to $65k. unfortunately 1 month after closing, I had one of the tenants that was getting evicted complain to the city and I ended up getting a bunch of building violations. 

You can close in a DSCR loan in your LLC with a similar down payment as conventional. 

I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.

I hired a large accounting firm that specializes in FIRPTA and put them in touch with the title company before closing.

If you're concerned about closing costs, you can place your offers requesting the seller to cover your costs.   

What you are describing is essentially a double close. 

Brokers can save you money by ensuring you get the best rates/terms, not to mention time savings and surety of close.

However the rates are nowhere your numbers :)I have cash saved to put 25% down plus closing cost.