In my area its really hard to get multifamily properties and SFH don't cashflow well anymore with the current interest rates. 

Hoping that the rates can stay around 6 or less by next year.

The Do's and Don'ts of Rental Arbitrage and why I think it is one of the best strategies RIGHT NOW for those getting into real estate for the first time, especially with today's rates and market.

How do you go about getting that full rate with an agency?

Hayden,There's a study on the Federal Reserve website called "The Rate of Return of Everything".

It's no surprise there is a close to 90% annual fail rate in the industry.

Their bond rating just got upgraded this week and is now rated Baa2 by Moody's which puts it in "investable grade" territory.The city is also appreciating rapidly but you can still find cash flowing deals if you understand the market.I could go on and on.

I financed this deal with a hard/private money loan that was at 90% of purchase and no points, no appraisal, no fees, with a 14% interest rate.

Also- I just turned it on and nothing has changed in my rates.

The latter will have higher interest rates whereas the former has a 2% interest at my local credit union.