DM me if interested in getting a personalized game plan.

Can a private mortgage be structured to qualify as a standard mortgage, enabling the borrower to refinance it in the future?

I know of at least two that have construction loans that you can roll into standard 30 year loans after construction is complete and reduce your refinance expenses. 

Based on the income of the property no your personal income. 

I could probably rent it for $750-$1000 per month over what the standard monthly costs are right now (not including vacancy, maintenance, management company, etc).

BUT you can skip the income piece, as "qualifying" will be based on rents received, not your personal income.

DSCR loans are a great option for anyone that doesn't fit the conventional "box" - DTI isn't a factor, no employment info needed, no W2s, paystubs, tax returns, 1099s, etc. needed, you can close in an LLC if you want to and many lenders don't report to personal credit, so those loans won't affect your credit score/DTI for any conventional financing you might pursue in the future.

@Yadira ValeraIf you transfer property but mortgage stays in your name it still shows on creditIf loan is in the LLC, you may have to personally guarantee it so you would be required to list it as a debt on any new applicationsJust a fyi

I'd personally wouldn't refi it.

My main goal right now is to get positive cash flow along with standard property appreciation (~3% like rest of the US).ThanksJai