Security deposit is $2000.

Their commercial loan department is excellent to work with and they are willing to help you with all your financing needs!

You may have already ran these numbers, I would first see what the balance of the subject to loan and the PI payments.

They are looking for an exit for their loans. - Investors would be wise to look into stabilized bridge products with low prepayment penalties. - Prepayment options have become more flexible. - There are a lot more bridge loans for rental products, different than original conceptions of bridge products.- Lenders want to work only with sponsors/operators they are already comfortable with- Capital is meeting the needs of investors, more flexible

I was in the military so initially thinking of using a VA loan.

More on DSCR loans: DSCR loans won't use your income to underwrite the loan.

Any specific loans I can use or any other type of financing I can use to put a lower down payment?  

I would start the process now on seeing if you can assume the loan, it should be similar to getting approved for a loan and take 30-60 days.

Since you can't count the income toward a loan, I think their value will be on par with normal sq footage. 3.

  - Any insights on the types of loans I should be exploring?