So my first property back in 2001 was made possible with a $78k loan from my parent's LOC. 

The loan was a normal 20% down mortgage.

Paid cash and would like to refinance this deal using a DSCR loan and continue doing this.

it's going to be very difficult to cash flow with interest rates where they are, especially if you would be taking out a DSCR loan.

As many investors know, lenders typically require more down payment 15-25% and to utilize Debt Service Coverage Ratio or DSCR loans would not allow vacation rental projections or income to be utilized for qualifying purposes.

Additionally, we have very unique financing options available to investors through various lenders such as an investment portfolio loans where someone can buy multiple investment properties with as little as 5% down, a 2.99% seller financed loan, new construction loans, etc.

The principal and interest payment will remain the same, but the loan payoff date will be escalated as you make extra payments towards the principal.The details of your monthly payments should be available on your monthly mortgage statement as it lists the principal, interest, taxes/insurance escrow, and PMI paid that month.

2) If two partners were doing a STR deal, and Partner A is the money partner (puts name on loan, and provides down payment) and Partner B is the active manager.

He asked for my property insurance.I offered to pay $2500 for his labor  even though he butchered the job and to leave me alone.

Anyone out there used a USDA loan for multifamily units in rural areas?