Mortgage recasts are not available after refinancing.Option 1: Get a $75k loan, have a $150/mo cash flow.Option 2: Get a $90k loan, have $80/mo in cash flow.Is it better to have the additional cash flow over the life of the 30 year loan based on the $75k loanorIs it better to take on additional mortgage debt to reduce the need for private money over the 3-5 year time frame?

I also have a YouTube channel which I do DIY home renovations as well as projects like restoring a 1985 Bayliner boat. 

Expenses not including mortgage debt in long term rentals are typically 40% (think high rent, high class area without extensive HOA or melo roos) to 65% (lower rent areas for example $500/month).

You are required to invest all proceeds but you can add more to replace debt. 

It's often the same stories one hears over and over again; debt from divorce, debt from baby daddy's who don't provide for their children, debt from over spending. 

Expecting to make the move in spring 2022 and pay off "negative" debt with a remainder for a down payment towards a new house.I've been studying hard with everything I can get my hands on when it comes to real estate investing and I'm eager to take action.

dont take on debt until you are gainfully employed or have a consistent source of income.. 

Even if you are in a slower or smaller market, time and the tenants paying the debt down, coupled with inflation will build wealth.  

Once to get out of mortgage insurance and again to get my current interest rate of 2.2% (closing costs, added some debts several years back, shortened the term of the loan). 

@Felicia GossettHi Felicia,I was in a similar situation in 2019. 620 credit score and $40,000 in credit card debt and almost maxed limits.