@Candace PriceA lot of factors go into the rates provided.The asset, location, your net worth and liquidity, your experience, your SREO, the property financials, your relationship with the bank, your down payment, etc.Assuming you’re good on all fronts. 3.5-4.0% wouldn’t be out of the ordinary with some IO on the loan.

Profit from flipping houses is taxed as ordinary income

@Austin Montgomery, the interest portion is taxed as ordinary income, which is one of the downsides to lending or note investing, in my opinion.

Then they think about what it's going to be like in the Summer with the windows open or when they're trying to enjoy a cocktail on the patio.

Before leaving they unfortunately stole my refrigerator, concrete patio set, fire extinguishers, extra materials for home, and any closet component they could get their hands on.

@T Lee to add to what @Brian Eastman said, when you take distributions from your 401(k) it is taxed at your ordinary income tax rate (just like W2 wages). 

That allows us to take all ordinary business expenses on Sch E, including education, marketing and anything else from the business overhead world.

Depending on the amount of dividend income and how it is taxed (for example if it is taxed as ordinary income), you may actually be able to qualify for a mortgage without any W2 or 1099 income.

Houses with enough space to park a boat... larger patios with basic outdoor kitchens to clean and cook the days catch.

You could easily grade the area, add steel edging and install decomposed granite with a hardener or stabilizer to create a low cost patio.