Lower interest is generally better than higher interest if you are the borrower.

DSCR loans are easier to qualify for when the asset values are a bit lower and rents a bit higher.

I would recommend @Mindy Nicol for that area.If you can possibly go up a little higher there are options in Tampa for you as well. 

Would you say that is accurate and if so, would it be worth pursuing a conventional loan first because of the higher cost of a DSCR loan?

Here’s some perspective:1% Rule: Meeting the 1% rule is a good sign, especially with many markets struggling to hit this benchmark.Cash-on-Cash (COC) Return: 8.73% is decent, especially with today’s higher interest rates.

But the cost to play that game is higher than the likes of Eugene or Roseburg or Salem.

From what I’m seeing, it looks like (and should continue to look like) the clay, Cicero, and Liverpool areas are expected to get some of the higher appreciation in the coming years due to close proximity to Micron (Zip Codes 13039, 13041, 13088, 13090).

The biggest factor to consider is the new interest rate since it’ll likely be higher than your current 3.2%.

We could have held off for a higher offer as the market stayed strong.

That being said you can make that kind of money with fewer properties but you would need to do more intense work and higher risk Short Term Rentals, co-living, or Section 8.- My Strategy: I'd like to buy and hold residential rental properties.