Rate will be highly dependent on loan size, credit score, LTV, location, and property type, as well as a few other factors.

Quote from @Jaycee Greene: Assuming you pay asking price, I'd estimate the down payment for something like that using a hard money loan (HML) would be around 40% of the purchase price and your monthly payment would be $2,600 with an interest rate in the low 7% range (probably need a 700+ credit score to get that).

My advice before buying is get all your finances in order and credit score too.

The market has been incredibly robust the last few years and I don't see that changing anytime soon especially as mortgage rates continue to decrease.

What's the lowest credit score you will allow?

Now, I’m ready and eager to meet new people and make the most of this incredible community.A little about me: I’m originally from Tulsa, OK, but relocated to Austin, TX, four years ago.

Like many of you, I started by reading Rich Dad Poor Dad, and from there, I dove into Brandon Turner’s book on real estate investing.I’m incredibly excited to embark on this new adventure and can’t wait to see where it leads.

Credit Score: 

We made some big changes coming to Movement Mortgage early this year and we are incredibly grateful to be thriving and loving it here at Movement.

While Pace Morby seems to know his stuff, he puts out incredibly long videos and I didn't have time to sort through all that fluff & didn't want to pay 8k to be in his course.