I would add you should only do business with a lender who can BOTH. if the LO does not understand how DSCR loans work then then they would likely not be a good fit.

If your investment is only a good investment if everything goes perfectly then it isn't a good investment because if you hold a property long enough it will not go perfectly!

Good luck!

Is it legal for me to move to Utah and declare the UT property as my primary residence to have a 3% down payment?

Hi Sharma, these numbers look good.

However, how will I know a good lawyer will not stop there?

There's a very good chance the issue(s) you face have already been discussed and answered.Ask questions in the appropriate forum.

I've been finding a good amount of Tampa, cooperation owned, Properties who have stopped a project for xyz reason and just listed it as it sits.

Often the county website will have good information about heir tax sales and the process. 

@Ethan McRaeI typically use credit unions for primary residence (many don’t lend for investment properties) but if they do we have found rates at credit unions to be better than a traditional bankFor example I can get a 30 year fixed today at my CU for 6%