The challenge that many borrowers run into when looking for larger equity lines with limits  of $250k+ is that they typically require full income verification (not always bank statement and DSCR exist) with lower DTI ratios (43-50%) however although the repayment scheduled is based off a simple interest only payment, (usually a 30 year amortization schedule with the initial draw period of 5-10 years) the qualifying rate is based off of the converted twenty year amortization schedule (240 equal installments) of the payback period.

@Sylvester Hardison, I am going to echo other's thoughts, but it also depends on what your current education level is and where you feel your weaknesses are.Within the multifamily space, for instance, there are a lot of groups out there.  

I noticed you do not currently have any REO (real estate owned).

What AI tool are you currently using to help you with your investing?

This is what I currently do too.

Some properties have rooms they are currently using for different things other than a bedroom such as an office or a storage room.

The current owner is getting older and needs to move back home (according to family) towards my hometown.

I currently have a 2 unit house in the village of East Syracuse that I currently house hack.  

I've seen some PMs (not in Fort Wayne i was looking into other markets) that charges for annual income/expense reports (which to me sounds pretty ridiculous). 

As the private money lender, Id rather make the interest income myself versus giving it to someone else. 3.