We've had the 2.37% rate for 4 years now, but when I change the loan balance amount to show the current balance, it doesn't show the correct monthly payment.

Is it safe to assume the property is still non warrantable?

This is the most conservative approach and you can also but with low down payment and not have to use up all or most of your cash saved up.

Hey @Danny Sanchez, down payment assistance is extremely common and a great resource, especially the Minnesota Housing program!

Fixed it up, rented another room, refinanced a few times to lower the payments.

:) Assuming you are asking about a DSCR loan with that low loan to value you should be in the low 7's without significant buy down with NO pre-payment penalty. 

This allows you to save money on rent or mortgage payments while building equity and generating rental income.Investing in Short-Term Rentals: While you may not have the funds to invest in short-term rentals immediately after college, you can work towards that goal by saving money and building your credit.

This is something that a buyer/tenant can afford in their monthly payment due to the low cost of a trailer ($40k) seems pretty typical out here for a double wide of roughly 1600 square feet.  

The deal was funded in 2 days and I split the down payment and rehab costs with my partner who is one of my close friends and a licensed General Contractor.

Hi, I have an LLC that holds the real estate and the other LLC is handling the management (getting rents, sending payments, etc.).