Hello Community,I am a VA Loan homeowner. 

Purchase price: $264,000 Cash invested: $30,000 Used a conventional loan and "lived in" the property until "unforseen events" required me to move out.

It is low risk because you can use a low money down primary residence loan, you are right there to deal with hiccups as you learn to manage an STR, and if it doesn't work you can just switch it to MTR or LTR pretty easily.

More info on DSCR loans:DSCR loans won't use your income to underwrite the loan.

I'd like to use 3.5% down with an FHA loan.

In the end, if you do the math right and you are putting it on top, it would be better than losing time and potential money to interest payments if you have a loan. 

Does anyone know of a lender that provides loans (specifically a cash out refinance) for properties that are deviated as college student rentals or SROs?

Va loan

Both rentals are in my wife's name since she had the W2 income to get the loan.

I dont have a choice all my banks require at least annual update financial package to include :Tax returns.copy of all K 1sPFS  ( Personal Financial Statement)When I had an airplane loan that lender required the same.. and I think some DSCR loans require these ( I dont have any DSCR loans just what I have read )