Mortgages make a lot more sense when rates are really low. 

Most rentals now don’t cash flow at 7.5% interest rates.

Currently we are seeing STR owners posting for sale due to reduction in prices they can get per night and the vacancy rate increasing.

Do different agency lenders have different spreads and interest rates?

I highly recommend finding a market that is landlord friendly, cash flowing, doesn't have regular catastrophic events, property taxes are low, insurance rates are under control and you like the area.

HelloMy mom is a retired Floridian/law enforcement officer who is now getting bit by the Fl home insurance bug...high rates.

The low cost of houses and high paying rates are making me attracted to the idea..

Hopefully finished by June for the cash-out refi (interest rate dependent, ha)Trying both avenues out just to learn as much as we can from our first property.

Understanding the local market there, like rental rates and property trends, is crucial but hard to do from far away.Finding a reliable property manager is vital for tasks like tenant screening and repairs.

We discuss loan rates and terms, documentation, and the entire process to find and fund a loan through our C.P.R.