You want to get the best loan you can.

Another reason to raise rents if you go to sell the property it will be harder for a new investor to get a DSCR loan because the rental income is not high enough for the purchase price. 

While no money is exchanged hands the bottom line in the scenario you have laid out you are giving the homeowner a loan that is paid from the sale of the home. 

What did you pay, what is market rate rent, how much equity do you have, and what interest rate/loan type do you have?

@Sunny Karen- thanks ...nice sounding plan ....if you havent already done so - make sure to get yourselves  formally pre approved  with a lender  using a hypothetical  scenario ... depending on the loan amt needed ( if any) - make sure the lender you talk to can handle the amount . 

Additionally, we must maintain a network of legal, financial, and industry experts who can provide insights and guidance on navigating complex regulatory environments and geopolitical risks.These additional strategies have been very effective for me personally and I believe that these can be helpful for every CRE investor.

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

If they can't figure out their issues, don't renew and find new renters.If one of them wants to rent alone, check their financials to confirm they can afford the rent alone.

The lender will give you a generic preapproval letter that states how much they are willing to loan you when you do decide on a property. 

the second property is worth around $68k bought that property on November of last year with a loan. those properties are occupied by tenants. do you guys know if I can cash out refi each property with that amount or can use both properties at the same time with a blanket mortgage?