You can use any reasonable method for dividing the expense."

My DTI is pretty high but I was going to try a DSCR loan w creative financing, To delay bigger payments until I get the tennants out.

The mortgage payment is $1,000 on each house, so you earn $500 per house or $2,000 monthly.

Since you've likely built a lot of equity, cash out refinance would allow you to put a down payment on a new property while keeping the cash flow from this one.

Things do happen and plans change so typically the bank will not care if payments are made.

For a loan example that we would not qualify for a loan (unless you want to make a down payment):-purchase is 150K-renovation is 100K-ARV is 300K -Loan to value is 83 percent, so this is not a loan we can qualify you for unless you want to bring a down payment to closing.Here in Atlanta, it is getting harder and harder to find deals under 70 percent because of all the competition.

Save that cash flow up for your next down payment.  

It could be marketing your interest to motivated homeowners via yellow letters, post cards, cold calling, whisper messages, door knocking, driving for dollars, etc.Whatever method you select, use it constantly and relentlessly.

Typically higher down payment and higher interest, but an option nonetheless. 

I'm a recent college grad myself, and I am currently saving up for a down payment on my first house hack.