I know these lines of credit are typically variable rate and interest only but when I am buying deals with 20-25% equity that are new construction and cashflow around $500/mo with this loan option, I feel like I have hedged against those risks fairly well.

But when you start getting into the thousands of dollars on this stuff it just feels predatory. 

Lately I am seeing many investors (new and experienced) feel the hit of the market conditions.

Our actual carriers used to be Secura, but they seem to be getting out of a lot of insurance lines or pricing so high as to have customers drop off, and we just moved policies in Nov. to Hanover Insurance. 

If you ever want to chat or need advice, feel free to reach out.

I like my place and I feel rent will go up in this area as this is considered one of the few affordable neighborhoods up north.

Now as I stated I'm not a agent but I do feel confident in this here friend. 

Either way, I feel like with furnished spaces STR or MTR is the way to go.

Turn this around into a positive feel for the tenants. 

@Zach Howard feel free to add me on whatsapp