DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I've found that by: - Providing Information - Building Rapport - Building Trust You can go a long way towards getting appraisers to err on the side of trying to help your appraisals come in at your target price.

I'm sure you can still buy in Tulum and cover your costs if you rent when you're not using the property provided that 1) you don't use the property too much of the time and 2) you pay 100% in cash so you don't have a mortgage payment to cover.

I don't think I immediately need cash, and even I do cash out refinance and get some cash back, I dont' know if it makes sense to get a larger loan amount and higher monthly payments. 3. does amount of down payment matter if I end up doing/not doing cash out refinance?

My monthly mortgage payment is $2365.

I think the end result is the same, but more work with new leases every year.Section 8 leases do not allow the 3 months up front payment approach.

Rinse, and repeat....or, you can wait around until you can accumulate enough cash for the next down payment. 

Meanwhile most property owners have no clue that property managers like Michael and their staff and sub contractors are performing services on their property without appropraite insurance but want the wyoming LLC, florida land trust and separate "management" LLC to collect their rent. 

Our Lease Contract doesn't currently say that all payments will be applied to non-rent charges first, oldest to newest, but it also doesn't say anything about how we may allocate the payments tenants make to us.

I'm trying to get used to the timing of when the different payments come in.