If there was an old mortgage (unlikely on a lot) then you need a release from them.I have done this multiple times and not needed an expensive Quiet Title.

Then reach out to a mortgage broker to see how much you need.

A little more down, but no self sustainability requirement and less in mortgage insurance that can go away vs.

It was a little stressful as we were footing the bill for the mortgage ourselves for a month or two more than we would have liked, but there lies another benefit of going in with a partner to spread out risk and financials.  

Some of the corespondent investors that we use are: - Angel Oak- Caliber Home Loans- Deephaven Mortgage-Impac Mortgage Holdings- JMAC Lending- Pacific Union Financial- Sprout Mortgage

I've worked with a mortgage broker for a few past deals who is from a pretty big national company.  

If you are paying for private mortgage insurance, the market may have helped you get out of it.I did some digging and the median home price in Salt Lake County has appreciated 31% since the beginning of 2016 (from 275k to 360k). 31%!

But if you have to get a mortgage loan to purchase a home, then make sure the mortgage payments are going to be less than your rents, and not a long-term loan.

There is no mortgage on the home if that makes a difference. 

Is 0.75 multiply against what is charged for rent for the month or is multiply to the cash flow I get after I subtract all expenses such as insurance, taxes, and paying the existing home mortgage?