If you value short-term savings and a lower initial payment, Option 1 works well.

Hello,  Is it possible to get a DSCR loan for a ranchette property?  I have a renter ready.  Thanks! 

I've had so many deals fall through this year and am feeling exhausted from putting in a lot of time and energy to deal I thought were going to be solid an they ended up falling through.  How do you find motivation to...

Quote from @Sushil Iyer: We have a SFH and a duplex that we own free and clear, and a duplex on which we have a residential mortgage.

We have two rentals rent by room and a househack duplex.

I knew nothing about renovations, home ownership, or property management, but I had a vision, determination, and a mentor in my dad.

I redid the master bathroom by removing the tub and putting in a standing shower with white granite looking tile, and a custom glass shower door.

They have equity and a great first interest rate. 

My STR had 15 Mbps, and I could stream Netflix on four TVs and a mobile device without any lag.

We provide a fridge and a stove and also supply washer/dryer hookups but not the washer and dryer itself.As far as dishwashers go we only supply them in the better neighborhoods we have properties in where we feel the tenants have more of a likelihood to use them responsibly.