If the delta between what you can make on your current house and what you would replace it with is that high, then financially there's no question you should do it.

i assume they mean the 10 loan limit.We see many people who are using DSCR as an avenue for growing. you typically need 25-30% down payment and dscr positive ratios, but the rates are not much higher than traditional loans right now and are a great avenue. the biggest delta is typically you are gonna have to have a 5 year PPP, you can get them with less but the rates will go up.

It's like Delta Airlines announcing there getting into the luggage business. 

@Rochelle Fernando you are correct that the delta isn't what it was three to five years ago.

I seriously doubt the lender credit will cover this delta in UFMIP and also the lender fees. 

I could either use my own cash for the equity or I could bring in a gap funder and pay them 9 and still make the delta.. 

You could view the accretive value of a low-interest rate mortgage as the delta between the current rate and par.

Currently in contract on a deal that ended up appraising for about 14% over what we are in contract for, and I can't even tell you the last time I saw a delta like that on a purchase appraisal. 

Delta canceled it because it wasn't filling up and not worth the fuel expense. 

We call this the delta or difference.