If you can create a solution that aligns with both then great!

We did get one quote from a local bank which aligned with your example, a 20 year with a variable rate.

Figure out where they are coming from, and determine if there is alignment in the living situation moving forward.

Go with the book aligned to strategy.Perhaps the track record of the author too counts for something.At the same time there is probably no one book that will tell you all.You have to buy and read several books to get a general idea of what you would like to learn

When it comes down to it, sponsors usually require compensation in one of two ways: 1️⃣Compensation regardless of performance – encourages operators to just do more deals2️⃣Performance-based compensation, another name for a “promote” or carried interest – feels more aligned, but also may encourage risk-takingThere are pros and cons to both types.

You cannot write off individual components to keep an item under $2500.00.  

With this change, folks will simply not align anymore AND THAT'S OKAY.

Cashflow is only one component of overall return. 

You’ll become a better credit risk.Secondly, if you seek CRE residential investment loans instead, the income from the property (lease) becomes the most important component of underwriting (DSCR), and your DTI does not play into the equation anymore.

Also, C and B class properties aligned with my beginners budget of $20k-30k including closing costs and rehab.