Quote from @Luke Carl: You get what you pay for here  Meaning too low cost would be a red flag?

That's a red flag for someone trying to use a business-purpose loan for owner occupancy, so many lenders won't allow it. 

Great experience and had it done with a rock bottom rate in just a few weeks

Even though this would also be an equally small loan, banks can't turn those down if your credit is otherwise good because that is considered red-lining which is illegal for owner-occupied loans.

Any red flags or important clauses to include in our contract?

Hello, 
I am looking for some thoughts on my recently crumbling real estate journey. My partner and I own 2 properties. We bought our most recent property in May 2023. In October 2023, I had a baby. Within the same m...

Look more into a long term hold strategy, if I can get an interest rate where I can break even or even go in the Red a little where the house is being paid for mostly by the tenant then I will look towards the appreciation down the road. 

RED.

If I am ever wrong, and libel someone, despite what appears to be every red flag, I could undo the career work of many BP employees, myself, and our founder Josh Dorkin. 1) I'll repeat my suggestion to add a sticky right up top of every topic.

I'm considering going with Vacasa, Red Awning, or Evolve.