And if fixed I/O, what happens to cash flow if/when loan goes to amortizing?  

Non deductible, Better Proximity securing loans) “ROI soonest months” “Cheapest”. 2nd. 3rd Deals, Off Market, brokerage, government, 4thJudicial, Move to USA 1031Tenant Management due diligencePrevious landlords Credit score,eviction record, income to debt between 40 and 60%,hours at home,Pets, poor character appearance Ie tattoos,drugs,crime,personality,dirty car.Value Add focal pointsRaise the rent,Rehab, maximize rooming, section 8, Reducing management “general”Rehab etiquettecompartmentalizations & entry,Colours, Lighting, Fixtures & Amenities, floor, bathroom cheaper / kitchens, fixed stylization.

This is assuming you have no asset type to do a cash out loan on.  

Yes sounds like a form of seller financing being provided for a fix and flip loan 

We are awaiting Loan approval as of today.

Does it matter that I purchased with an FHA loan?

More than 4 units, if purchased via DSCR loan, require lower LTV due to the poor rent to value ratios.  

@Andy L.You could get an investment loan or private money loans against that other asset.

However, if you're looking to use a DSCR loan, and the property does not have any prior short term rental operating history, a DSCR lender is going to need to underwrite the loan using either the AirDNA figures or Rabbu figures, so those projections are important in the context of getting approved for a DSCR loan. 

I put $34k cash down, and got a 6% interest rate on the loan.