After all, I paid county taxes based on that.Or, if we were mandated to use the acquisition cost (195K), shouldn’t we apply the same percentage to it (as in 78% of the purchase price)? 

Based on what I see we'll get more like 3-4% this year on single family in most areas.   

I have a healthy income and have built a solid financial base for my age.

You’d have to look all the way to Nevada to have no state income tax, lower property taxes and insurance, no weather related issues and a young property base.

He can discuss DSCR loans and is CT based.

These type of loans have the least requirements and are usually approved based on the investment property alone and not the income of the borrower.The highest interest rates will be from a hard money lender.

So If I understand this I would be looking at base rate +4.125 then whatever additional rate the lender is adding on, minus points to buy the rate down? 

But you are whittling away at it.Most of our clients will mix and. match all of these options to cut their builder tax down. 

@Caroline Knight I am a local lender based in Chicago and I have helped hundreds of Veterans with their VA loan and house hacking.

I have just met someone who told me about the possibility of taking out a securities-based loan.