I am currently exploring the mutual funds option as well, Does anybody invest into them, if so what ones?

What’s the best options here??

I would like to see what my options are and hope to close something in the next 45 days or less. 

I offered the tenants the option to terminate the lease, along with returning their security deposit and February rent.

If your plan is to repay the loan with cash flow from this rental - but it makes $200 a month and you owe $22k in 12 months - you need to have a plan to get that addressed.

Hey Andrew,There are a lot of good lenders here on BP with DSCR options to cash you out.

Trying to look for a better option than putting 25% down on it since rates are good.

What are some other options that would /could pay a higher return that allows for the money to be relatively available.

In this situation, you might consider exploring the option of refinancing the existing property to access equity for the downpayment on the new residence.

If there are more options for good investment properties closer to your work, buy them there, and the best scenario is to look along your home - work path.Regarding rental prices, I would advice you to call some Management Companies, Rental Agencies or Real Estate offices.