I have never been offered any other lenders to work with.

@Johnny Braddock   Typically renting a room while you live there isn't going to violate this as someone would have to have an issue with it and report it but I am not a lawyer.

There is a ton that this platform has to offer. 

Lenders offer many flexible solutions to help investors secure a mortgage. 

Since you only have to find one property then be picky and low ball all offers, there is not nearly as much buyers out there

If you could offer me the same generosity, it would be wonderful!

After some back and forth, they agree to consider my offer of $40K and I bought another one at that price.So all in all I did OK, the cash flow was good, and when the market top came in 2003-2006, I manage to unload it for close to $100K.The thing is, this is a brand new condo, but walk a block away, you got section 8 housing.

If the sales price is $850k you will need significant down payment to carry the DSCR loan on $5300 current rents...check in with @Joseph Chiofalo  as DSCR loans 5+ units are typically a bit more difficult to place as well. 

We offered for him to break the lease if he lost his deposit and paid a penalty of one months rent.

Hey guys, I am hoping someone can look at this deal analysis as I am going through a multiple offer situation.