great insight. i suppose i was focused on the positives of continuity but didnt consider any potential issues or large market swings. thank you!

Now they added 2 additional security.

Either way, I've got some insights that might help.

It is always wise to have some additional capital on the sidelines to help advance your projects rather than relying solely on the bank draws but one month is beyond reasonable.

Otherwise, she will stay.You're charging her 25% under the low end of market rent and she's asking for an additional discount.

Now my own mortgage is paid, new HELOC and new property mortgage is paid which leaves me no additional cash flow.

Any insight would be much appreciated.

Additionally, for rate-term refinances, many DSCR lenders have no seasoning requirements at all.Easier qualification: DSCR lenders have much lighter qualification requirements than conventional or portfolio lenders, such as no DTI, income verification, or tax return hurdles that can slow down or disqualify loansFlexibility: While conventional and bank lenders are heavily regulated and follow standardized rules, DSCR lenders have much more flexibility and control over their guidelines.

Conventional financing, buying with cash then refinancing after rehab, partnering if needed, heck even using hard money might be preferable here rather than taking on the additional risk of using subto, without much benefit because of that high rate... 

Would love to hear from anyone who's been in my shoes or has any insights to share.