Loan: Bank Statement, $5,500/month PITI.

If you're confident you can find better cash-flowing deals or scale your portfolio with leverage, it could make more sense to reinvest rather than pay off the loan.

I am already have a good lender that has pre-approved me with a DSCR loan so all I need is to find the right market to invest in!

This doesn’t include any raises or bonuses.No kids yet, but we plan to have them down the line.Both of our credit scores are over 800, and we have no debt.The plan:I know sellers don’t always love FHA loans, and they can be tough to get approved for, but I’d like to use one to make this work.

If the lender is licensed in the state you're buying in, then they can do the loan.

Having dual licenses, loan origination and real estate, has got me involved in most parts of the investment transaction.  

Ken, I would prefer to do that, but I wasn't sure if any banks would offer that type of loan or line of credit.

One your loans will be a higher interest rate, next you will have annual filings, the cost of a registered agent every year, and items like that. 

House hack another property with a low down payment loan and use the remainder or the proceeds to either renovate or purchase another investment property?  

Loan: Bank Statement, $4,300/month PITI.