The Non-QM DSCR loans that are being quoted at 7% will soon be 8%+ as the 10 year treasury yield continues to spike and the feds continue to sell of there lot of mortgage backed securities. 

Hi @Jay Mersfelder,I know the rate spike is very discouraging at the moment but I'd suggest you not let it stop you from expanding your portfolio!  

Electric can also spike in the summer with A/C.

Electric can also spike in the summer with A/C.

Electric can also spike in the summer with A/C.

How much of this housing demand for STR was COVID spike versus long term sustainable.

What you saw in 07-09 was an inventory spike because of lending and foreclosures.

Electric can also spike in the summer with A/C.

If utility usage spikes unexpectedly, I would reach out to inquire.

Not close to free though.The property will perform well over time (I believe) and will hold its own in the mean time.Hoping to come up with a nifty plan to speed things up as much as possible though.We had not planned on staying here as long as it looks like we will be.There were factors beyond our control that made that come to be.I am expecting a spike in equity/value at some point soon as the neighborhood changes (had hoped it would happen sooner).There is a possibility to add some value, but trying to get rid of the debt first.