@Omar Khan I bought all the properties using a rehab loan from the bank using 20 year amortization 5year arm.

In addition, I implied or explicitly stated that when you apply reasonable estimates for the vacancy, maintenance, and cap expense that the numbers supplied show either no cash flow or virtually no cash flow. 

That leaves portfolio home loans, and the interest rates on them are not great (4.6% with a 3 year ARM). 

Current rental property investment rate 4.25% for 30-year fixed.Getting the same rate for the next deal (ARM is at 4.15% for 7/1) - very narrow spread that is not appealingNon-investment being quoted at 3.75%.I see some investors getting some killer deals <3% - is this still true in todays market?

Of those, the two I am considering: A 5 year fixed/arm, resets every 5 years, 25 year amort.

@David RobertsWe just got an appraisal for a refinance (no seasoning of title by the way) of a property off of Glen Arm close to Glenmore and Bel Air Rd in the 21206 zip that was a four unit (1br/1ba each unit) bringing in 2350 per month. 

@Phillip KimIm guessing that the negatives are in the loan terms...3/1 ARM    6% interest,  15-20 year amt???  

The only options I have found have either had interest rates of upwards of 8%-11% .... short term 3 to 5 year Arms,  or if they are at a reasonable rate....  

The city is it's own animal and if the lease doesn't explicitly say certain things, you can be subject to major penalties.

Welcome... i think a lot of organizations have an REO arm that works those types of properties.