Which the renters will ultimately pay.  

Quote from @Joseph Agins: I previously loaned my LLC $150K to purchase a rental property (SFH) and I'd now like to set up an interest only loan, let's say for 5 yrs, until the LLC can refinance the property through a bank and ultimately pay myself back the $150K.

The tenant moved in, found the lie, and a difficult situation ensued.While the agent might have been the one at fault, the landlord is the one who ultimately pays the price.

My ultimate goal is to land a triplex or quadplex, which I’ll qualify for after the next few months by showing proof of rent payments (currently paying my mom — fully documented).Here’s my current game plan:Keep documenting rent payments so I can get approved for a 3–4 unit.Meet with my counselor again in November for the next update.Complete my payment shock requirement of $2,500/month to prepare for the higher mortgage approval.While I wait, I’m researching neighborhoods, running numbers on deals, and looking for value-add opportunities that fit NACA’s guidelines.I’m also diving into Philly-specific house hacking strategies and would love advice from locals or anyone who’s invested here.

My ultimate goal is financial freedom and long-term wealth through buy-and-hold rentals, ideally moving into multifamily and possibly small commercial down the line if that is something im still interested in.

you're not going yo meaningfully reduce your W2 tax burden, so better that you focus your energy on increasing your income.let's hypothetically say you can find $50k/yr losses to offset W2 income. that ultimately becomes $25k/yr net savings, which isn't insignificant, but it's likely not going to be worth the effort. you'll need a fair amount of capital or effort to generate $50k/yr losses, and its better to focus ther effort/capital on somerthing that's aligned with your investment strategy anr interests. 

(That's what I have seen) Most DSCR loans, no matter who originates them, ultimately flow to a small group of asset managers that aggregate and securitize them.

Ultimately the lender you are working with has the final say on the terms of the loan.

I’ve been picking up extra shifts to increase my income, and I’ve managed to save just over $5k so far.My ultimate goal is to turn my life around and eventually invest in real estate.

But I ultimately make ALL of the decisions instead of relying on a third party underwriter who may not know my borrower and my specific market like I do.