If you're not familiar with Ben Leybovich yet, I would definitely take the time to get familiar with his writings before pulling the trigger on a lower end property.

I have done cash deals in philly on SFR (Thanks to BP I pulled the trigger) , but first time with multi in the Waterbury, CT area.

I don't recall the exact rate (I haven't pulled the trigger on this yet), but i think it was somewhere in the 6% range. 

Would this trigger the bank that I personally signed the mortgage with require to pay in full or foreclose?

From your profile it seems like you haven't had much experience, and being able to manage that large of a property really does require having all your pieces in a row before you pull the trigger.

I know that "subject to" transfers the deed and might trigger the D.O.S Clause.

hi Ashley,               welcome to BP. i have been looking into fitchburg, as u know there are lots of choice for a great price but haven't been able to pull the trigger.  

Separate the deal- have regular rent payments and then an additional payment that can go to the principle if they pull the trigger. thats only a few things. there are many pit falls you can fall into without the proper paperwork at the start.

Using your current home as collateral for this deal might be triggering that fear.

Using leverage within your IRA triggers a tax called UBIT that's tied to the financed portion of the net income.