This could give you more flexibility.

When you form the relationship with a broker that you've done several deals with, they can often get more exceptions done for you or be more flexible with their terms and or the options that they can find for you.

That may be important to allow flexibility to refinance in the future....

In fact, there are even financial markets that specifically bet on future levels of the Fed Funds Rate (unsurprisingly called "Fed Funds Futures").These futures correlate very well with certain bond yields which, in turn, correlate very well with mortgage rate movement.

I am betting that those with the biggest regrets are those that bought at the wrong time expecting COVID level occupancy was normal and those that didn't take the time to learn what it takes to run a successful STR.

Whether you are a buyer, seller, or investor, staying informed and flexible will be essential for success in this dynamic market.If you want to listen the full conversation you can watch the podcast below...

Bridge, portfolio, foreign national and other specialty loan products.Key Bank, FLorida flexible lender, HELOCs on second homes and rental properties. 90% LTV on primary.

I'll also bet come Jan, they ask you to extend it because they haven't been able to find a new place...the answer to that is no.

House hacking is such a great idea for your first rental and gives you a lot of flexibility.  

Again, connecting with a local real estate agent in that area who knows the market inside and out is your best bet.