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

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

The issue is, based on her credit report and other known info, I added all the expenses: (car payment $722, debt obligation/month $1900, rent, renters insurance, utilities, estimated grocery, living necessities, her total **essential** expenses would be at least $800 greater than her net income. 

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.

Found a way to finance construction costs into monthly payment because Unit 1 turned out to be a heavy cosmetic rehab.

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).

Coops in NYC will require 2 years maintenance and mortgage payments to be available post-closing.