When talking with new and aspiring private money lenders, I always recommend getting added as an insured on the borrower's property hazard insurance policy (known as an insurance binder). 

. #1 - Charleston, SC area - Worth: ~800k / Balance on mortgage: $230k / Excellent rental history 5y+ @ $3,300/month / Divorce buyout #2 - Syracuse NY area - Worth: ~600k / Balance on mortgage: $185k / No rental history (just inherited with brother) but in a desirable area so local realtors say it will rent easily in the $2,000-$2,500 range / Brother is partner#3 - Kansas City, MO - Worth: ~200k / Balance on mortgage: $100k / Excellent rental history 4y+ @ $1,200/month / Divorce buyout First choice is to pay off partners in a clean lump sum now (one wants to buy ASAP in another market, the other wants to build ASAP), but I'm open to brainstorming for options.I live in Portland OR and rent my primary address. 

I need to get another mortgage and get back into a single family home.

Rent free, while mortgage is paid off by tenants How did you find this deal and how did you negotiate it?

The average mortgage lender was able to offer lower rates nearly every day for the last week.

I might also be looking for an end buyer, private money, or partner for this deal depending how the numbers shake out. 

Here are some options to consider:Leverage: Use financing options such as mortgages to leverage your existing capital.

Here's some playbook :- Typical DSCR 0.9-1.0 rent play: Antioch/Concord- Househacking free mortgage area : Hayward,San Leando,San Lorenzo- Fix and live in the flip: Hayward, Union City, San Jose, Santa Clara- Buy those house and wait for large appreciation: All Peninsula,San Jose,Santa Clara,Cupertino- Keep moving every 24 months play: San Jose LOL- buy those home with ADU play: Fairview, Hayward Hills, Oakland Hills, Berkeley.The creativity is endless in this market.

You might need to find a local private lender/broker who can help you with getting a second mortgage on your investment property.

On the other extreme, for a (median) $382,650 purchase, rented at $1,400 /month rent, a mortgage at 0% down, 5% interest fixed for 30 years, the interest payment alone starts at $1,594 / month.