I would also look at the current interest rate and term to see if that's a lever I could use to change the cash flow situation. 

Lose the price discount,  lose the incentive.  

You are probably better off getting a new loan, unless the assumable loan is at a really good interest rate. 

In case helpful some more info on DSCR loans and how rates and terms are calculated:DSCR loans won't use your income to underwrite the loan.

-I am quoted a higher interest rate and more fees since its a rehab loan. 

Purchase price: $375,000 Cash invested: $80,000 Sale price: $605,000 Bought above market rate, held on for 3 years and sold to take out gain for upgraded property.

She estimated we could loan up to 500K on a mortgage with 5% down at a 6.8% interest rate. 

And it's such a sellers market here that it's difficult to get a deep enough discount to clear much equity. 

Therefore, I am not sure what's feasible in regards to 1) finding an affordable multi-family out that way and 2) what the unofficial neighborhood ratings would be out that way.I'd appreciate any advice as I consider my options, and a referral or two wouldn't hurt as well.Thanks,Phil

My issue is, I have very low interest rates and do not want to refinance and lost those rates.