I have had hundreds contact me over the decades pitching properties at crazy prices.

They are multiple factors that go into the rate though (such as how high is the loan to value, type of property, credit, to name a few). 

There is no perfect property. 

Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.

Only properties that are grandfathered in. 

We manage a property that was having drain field issues for awhile, got estimates and had the owner approve one of the vendors.

I have REPS by actively and materially participating in my rental property portfolio, and also work as a real estate broker full time (1099 collecting commissions through a single member/purpose LLC) from buildings I sell.My losses from my rental properties (LLC #A) largely offset any federal and state taxes from my brokerage business (LLC #B).

Purchased on 2/7/25 for $171,000, the property offered a quick-turn opportunity.

However, if stability and long-term appreciation are priorities, saving for a higher-end property while building equity in your current home could be a solid strategy.

My primary interest is in small multifamily properties (1-4 units) priced under $300,000.