Exit strategy = You may get an awesome rate on that DSCR, but what is the prepayment look like?

But guess what, rates WILL drop in the next few months/years and most markets will explode after that IMO.If I had 25K I would look into B or B+ (specifically with schools above 5 greatschools rating, and moderate to low crime rate confirmed by heat map and frequenting businesses there) areas within 25 minutes driving distance from my home for a SFH. 

I hear from a lot of would be house hackers who do not understand that the paying for the whole mortgage and generating cash flow with today's pricing, rates with a low down payment is just not possible and keep renting. but, that is missing the forest for the trees.

Yes, I am aware that the current rate is way under market.

I did lock in a decent rate, so that is in my favor.

I am trying to figure out if this is worth pursuing: 2021 build3 bed 2.5 bath 1 den Fenced in pool40k down40k ballon in 4 years 0% no payments Interest rate 3.125%PITI - 2961BALANCE 418000Estimated value 495000rent estimate 3200 You don't want to learn how to analyze it.

In other words, the government is concerned about an immediate affect on mortgage rates, because rates are so high today, and will be cautious in their approach.

Loans Not Owned by Freddie or Fannie If your loan is held by a private lender or another institution, it’s important to evaluate the interest rate.

However, rates are not great right now so taking out the money necessary makes the monthly payback greater than what we could get in rent.  

Interest rate- prime plus?