I believe I have two options.Property Info:Purchase Price: $365,000Current Loan: $329,000Interest Rate: 5.7%Mortgage:$1900PMI:$130Insurance:$157Taxes: $320Current Rent Left: $1200 (Market $1400)Current Rent Right: Owner Occupy (Market$1800)1.

I typically use private/hard money lenders and what is happening is that the top 3-4 that I use will only be able to do 2-3 loans and then may run out of capital.

We have a plan to push them through financing with a good lender that deals with this type of loan. 

I was taken for $7k on a bad roof install that had to immediately be ripped off and replaced.

Our team at Host Financial is happy to help answer DSCR related loan questions. 

We used a fix and flip loan. 1.3m purchase at 90%, 100% of reno (50k, which we didn't even use).

But short term an auto loan will only take away from your income/ability to afford a mortgage.Most lenders will allow for a credit score as low as 580 for FHA and 640 for conventional loans.

I wonder if these are like pay day loans super high interest.. does anyone know what the interest rate is.. that could be the play.. be the lender on these deals :)

STR loans qualify similar to LTR, and with the usually higher monthly rents from STRs, the lender can leverage higher loan amounts. 

Owner must install a fire alarm system inside property.At each manual fire alarm box a sign shall be mounted near the box that states: IN CASE OF FIRE SOUND ALARM AND CALL FIRE DEPARTMENT (or call 911)No pull station inside rental property.