My goal: create an interest-free loan which is appealing to a potential homebuyer, yet doesn't make too big of a discount on my end.For example: If I sold my $300,000 house with 20% down ($60,000) over 30 years, at 6.7% interest rate: $1548.67 principal and interest per month1548.67 x 12 x 30 = $557,521.20What I would do would offer a lower monthly payment and no usury, but it would effectively be like a prepayment penalty.Arbitrarily, let's say 20% off the monthly payment, or $309.73 less per month: $1238.94 monthly payment.House would be sold at $446,018.40, which is $111,502.8 less than the total paid with a normal mortgage, but $116,018 more than the market price.

If in an LLC - it doesn't really matter who gets the loan then since the borrower on the DSCR Loan will be the LLC entity - not either you or your wife as an individual.DSCR Lenders can vary by treatment of who is required to guaranty the loan (generally around 25% ownership, >51% total) and which credit score is used for qualifying

Feel free to well wish if nothing else.

Lets say my total profit for the year after all deductions come out to 100k. 

Your total expenses to live in this house are $1900/month.

Then you would put that 50% down on the second home while assuming their mortgage of 3.375%.Here are some fake numbers:Home A: $200,000 value and you own it free and clearHome B: Seller bought it for $150,000 at 3.375% and it is currently valued at $200,000.

In the markets I shop, there are plenty of properties that will cost around the 80k mark total (including rehab).

Hello All,My name is Ling, I'm a total beginner in real estate investing,  very eager to start.

I'd be happy to go over this with you if you have any questions - feel free to reach out at the contact info in bio.

Mis managed by previous ownersLots of rehab work required Saw that I could live in one unit essentially rent free How did you find this deal and how did you negotiate it?