@Matt Meier, it really depends on your credit score and down payment amount.

If I miss one payment I would lose my 800 fico score.  

If not you can go to the office and search OR order a title report on it from a source like protitleusa.com (note not affiliated with them, we do use them to order our reports) Hi @Chris Seveney, Is this a reliable website?

Either way, rates will be high but usually interest only payments. 

Your first step should have been to apply the February rent payment towards January.

The next 2 months should tell us a lot about 2024.Mortgage Market Status UpdateAverage monthly mortgage payments (existing homes) are still elevated, a record high $2,326, a substantial increase from $977 in March 2020.

You can use a down payment as little as 3.50% of the total of the purchase price + rehab dollars, all in the same 30 year term loan.

Hey Dan, we do 15% down payment DSCR loans all over USA including Florida.

What I mean by this is considering how much your down payment returns to your net worth (appreciation, loan paydown, tax benefits, AND rent avoidance).

The mortgage payment is $1,000 on each house, so you earn $500 per house or $2,000 monthly.