So, our mortgage payments are combined for both houses.

However, if you're looking for payment reliability, I'd recommend a slightly different strategy that aligns well with consistent income.Partnering with non-profit organizations that support vulnerable populations, like the Veterans Affairs or groups assisting people with developmental disabilities, could be highly beneficial.

These are generally 12-24 month interest only loans that borrowers will generally pay back by selling or flipping to long term financing like DSCR loans.More on DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

They are trying to tell me they can just keep extending (under the escrow claus- no escrow was opened) Q- Lawyer said no payment by closing date contract over, we are free to re-list property- realtor has complaint and can’t re-list till she hears from the RE Commission, on there decision on the complaint, how? 

DSCR loan options will qualify you based on the market rent for the property - this can be helpful if you can support projected rent above the mortgage payment.

Ie decide if local vs non local is what you want to focus on.

Larry, If I’m following your math, you need to find a way to increase your income outside of the rental property to cover the mortgage+heloc $1500 payment.

In order to not have to put any of our own money into this deal, we intend to leverage the equity of my Grandma’s home as a down payment for the loan.  2) Should we leverage a construction loan or some other form of financing? 

when lookin at skip tracing providers, find one that has pricing and payment options available based on the volume you'll be submitting.

The payment can change and you won't be notified.14.