I've owned the other Indy Class C#1 for a year (RTP 0.88%) and Indy Class C#2 for 4 months (my buyer's remorse purchase, will either rent it out after repairs are done or possibly sell and cut my losses) so I haven't seen a property tax increase yet.  

I am hoping that this, combined with the expected rate cuts, will make it easier to find good LTRs next year.

Simply cutting out bigger hole in the top.

I passed because the terms just didn't cut it.

And 25% of the gain is cut as a check directly to the two of you. 

With the potential for a Fed rate cut on the horizon, it's a great time to consider refinancing or purchasing a home.

Now the fed is expected to begin cutting rates and we may begin to see greater separation between bank and alt. lender rates but if the fed cuts rates slowly as predicted  there is likely still a window where alt lenders will be competitive, especially in the scenario I described. 

Although this is working out ideally, there are some tricky components to this.As of right now, the seller needs to move immediately and is requesting for at least 100K from the 180k that would be due in advance as he is trying to close on a cash only property.

Traditionally, DSCR loans that allowed STR have always wanted DSCR to be calculated on long term rental rates OR 12 months of actual performance or some heavily hair cutted version of Air DNA and all of these products would price gauge on rate.

If I place a super-complainer, or someone that frequently pays late, that cuts into my very thin margins and is my problem...and I don't want folks like that.