We invest in some deals because they meet our Hurdle Rate/Return on Investment objectives. 

(ATTOM)These figures represent a significant decline in foreclosure rates from the peak levels recorded during the 2010 housing crisis.

You get a Capitalization Rate (CAP Rate), which equals your annualized return by dividing the Net Operating Income (you had gross in your narrative) by the purchase price.

The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?

You could bring less down and possibly have a lower interest rate since you will be living there.

What they will offer you is an appliance package, or closing cost help, or a low fixed rate loan. 

Note if you go over 4 units, your valuation will be based on NOI and comp rate.  

Huge thanks to Bo Stevens from Jean D'arc credit union, for helping me get a solid loan with a 6% interest rate with a super smoothe process.

Quintessential coastal PNW with beaches that are among the top rated anywhere. 

25% is the going rate, high end 30%/35%