Another thing to keep in mind is when you'd expect/ be able to refinance after this refi.

Hopefully after what happened in Maui, that won't create the downward spiral for HI.

As per the servicer themselves, they cannot foreclose because the the military personnel is still on the note.

Considering that DSCR  = NOI / Debt Service and NOI = Gross income less operating expensesWhen institutions are looking at operating expenses for a new purchase, how are they calculated?  

It took me a few years to buy after becoming a realtor.

Just be aware of the due-on-sale clause which is a risk when pursuing these types of deals. 

The process can start the day after you close and usually takes about 3 weeks to get you the funds right back to your account. 

Fixed means there is a balloon payment, hybrid means it floats after the fixed rate ends.If you tell me which loan and what LTV and DSCR will be I can post a specific chart

I do inform them that if I can't find a tenant to move in right after they move out that they will be responsible for lost rent. 

What Happens After This:As you can imagine, building a working software is no easy feat as there are a lot of moving parts to be considered, especially when it comes to functionality and features.