Welcome Alana, you will find a lot of helpful people on this platform.

They do this on purpose so new people get tripped up in the process and quit.

Down payment funds may seem tricky to those who get lured in by the countless con artists on social media selling the notion 100% financing using other people's money is easy.

What the heck is the matter with people?

@Anthony Saheed I would advise you to be very careful to recommend people to speculate in volatile real estate markets.

And proper screening prevents those people from even renting your place.

We have several people living in these homes.

Think about it, why do people do Airbnb........make more money, however they have higher vacancy rates, and more management required.  

Three Months ago, low to mid 6's were available.Rates are going to continually fluctuate but if you have a way to earn 10+% on your capital, the TIME you are not using it is going to cost you way more than the extra .5% per year will.You are walking over dollars to save pennies if you are waiting for the perfect rate, half of the people who held out on getting mid 6's were waiting for high 5's.

Heating costs go up in winter, as does electricity due to the reduced natural light and more people indoors.