The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?

You could bring less down and possibly have a lower interest rate since you will be living there.

What is your current rate and what are you being quoted?

The mortgage payment still has not changed 7 months later even though this was cancelled.

There are other suburbs that you may be able to do it in but its not going to have the booking rate you're looking for.

When evaluating markets for rental properties, there are a lot of factors to consider: population growth, employment rates, rent to price ratio/GRM/Cap Rate, rent trends, vacancy rates, etc. 

@Christopher Smith @glennaThe 721 space has changed dramatically in the last year.

25% is the going rate, high end 30%/35%

Nobody wants to be around people like this, so I’ve had to lower my rent drastically and have a high turnover rate here.

Unsecured personal debt is often from institutional sources, but at rates of 9-20%, fully amortized over 3, 5, or 7 year terms (not interest only).