More on DSCR loans:DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

But  as noted, an arrangement can take on any number of shapes so go in with proposing a relationship based on what you want but with other options in your back pocket in case it doesn't align with what your friend is interested in.   

But as you say, by all means, be sure to cover all bases.

As an angler myself, I'd love to find something that I could renovate for that customer base! 

I'd recommend speaking with different lenders/brokers to see what they can offer based on your specific scenario and goals for the refinance.

., based on your post about "almost bought a 12 unit", I am assuming that is the general size you are looking at.  

The length of title seasoning will determine what the lender will base their leverage on.Best of luck!

Based on what you say you'll pay taxes on the closing costs you paid yourself as part of the 1031 exchange.

Both are based on the current value of your home, which hopefully has gone up.

Don’t overthink a Naics code it’s not gonna make a difference based on this line of work.