We were so shocked with how popular the rental was, we were paying our entire mortgage each month!

We were so shocked with how popular the rental was, we were paying our entire mortgage each month!

Should I send the mortgage company HALF of the payment using my business account and the other half using my personal account?

You are correct that the mortgage for my house was still listed as a liability on the 3 Plex mortgage paperwork. 

insurance estimated to be around $25 a monthRepairs estimated at $100 an monthCap X I put at $200 a monthand I included property management just in case i decide to go that route at $170 a month.Zillow says the mortgage would be about $188 a month That would put a total of $1003 a month in expenses and 1200 a month in rentcash flow would be $197 a month if all the calculations make sense.total cash needed would be $11,880. 

Whether it's working for a mortgage broker, lender, bank, etc...Thank you guys so much!

Often times the mortgage insurance is lower, and it allows you to buy a more beat up property that might actually be a "good deal". 

Typical closing costs with a mortgage are going to be around $4500Doubt you’ll be able to get 5.0% on an Investment Property these daysManagement typically 10%Your property taxes look low.

I don't lie on mortgage applications.

You talk to a mortgage broker who has access to hundreds of lenders.