Either way, rates will be high but usually interest only payments. 

Your first step should have been to apply the February rent payment towards January.

@Nate Marshall glad you didn't do business with them and I'm glad I trusted my instincts.

I do Not trust a company that doesn't have any reviews, website, or where to find more info about them.

The next 2 months should tell us a lot about 2024.Mortgage Market Status UpdateAverage monthly mortgage payments (existing homes) are still elevated, a record high $2,326, a substantial increase from $977 in March 2020.

Found a way to finance construction costs into monthly payment because Unit 1 turned out to be a heavy cosmetic rehab.

You can use a down payment as little as 3.50% of the total of the purchase price + rehab dollars, all in the same 30 year term loan.

Hey Dan, we do 15% down payment DSCR loans all over USA including Florida.

Due diligence was trust in the #2 guy, who left shortly after, and talking to 3 "satisfied" investors. 

My DTI is pretty high but I was going to try a DSCR loan w creative financing, To delay bigger payments until I get the tennants out.