Some more info on DSCR loans:DSCR loans won't use your income to underwrite the loan.

1 Year tax returns is doable if you have been self employed for the last 5 years on a conventional loan.

What sort of loan are you looking for?

Since last year of November, Fannie and Freddie has allowed borrowers to put min 5% down for conventional loans and being able to invest multifamily up to 4units.Also, the beauty of FHA is that it allows you to put 3.5% down payment to invest in 1-4 units.

That's $22,500 you can use for any surprises life throws at you or to make your new house feel like home.Downside: Your loan's gonna cost you more in the long run because of that higher interest rate (6.625% is no joke!).

However to keep expanding my portfolio I’m doing a refinance on one property that will allow me to buy several more properties using DSCR loans.

Would we still be able to take advantage of owner occupied financing and put both our names on the title/loan?

Purchase price: $100,000 Cash invested: $6,000 Sale price: $189,700 Purchased townhome with 5 year interest only balloon loan for $100,000. 3.5% interest.

Your best bet is some kind of bridge loan to close efficiently and then refinancing once it has been seasoned to take full advantage of that discount that you are getting. 

Financed with an FHA loan and mortgage being right about $2,000 monthly, included escrow for insurance and homeowners' insurance.