Quote from @Paul Lucenti: It depends what you're looking for.

***depending on how far the house is from the coast, you mayalso be required to have a separate Wind or Hurricane deductible.

Depending on how it is done and what guarantees the government offers and requires of the released entities, interest rates could move slightly higher.

Depending on your current rate or if the current loan is short term or long term.

Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.

It  depends on your risk tolerance and what other assets you’d like to protect.

There are MANY landlords with properties on the west coast and in the New England states, that deal with negative cashflow - but, depend on appreciation to make their rentals "profitable".

If you're only using a portion of the funds, its less of a risk and could make sense depending on your situation and the deal itself.  

Hi @Zhong Zhang I have used vacancy hacks over the years to get personal properties under 1% when turning tenants over. 3% increase depends on renewing or getting new tenants, when renewing tenants that's  a safe amount. 

Loans like this can be useful or very dangerous, depending on how you manage your business.The ideal situation for a loan like this is when you have a property that will take a while to get up and running.