That way, you might preserve some of your monthly profit while still knocking out that line of credit.

Keep in mind that this is also a very tough time to be entering the market as an agent because the inventory is so low.  

I have no debt aside from the properties and regular monthly credit card debt.

Current rate is 5.75 and credit scores are around 750.

That affects your credit for instance.A better way to look at it is voluntarily making the mortgage payment for someone.

It's crucial to choose a market with steady job growth, low vacancy rates, and tenant demand.

Hi @Dave Tab yes for the low money down loans as far as I know you need to be able to show you are occupying the property.   

Even if they don't pay the max, they will counter with what they will give you and you can take it or leave it.If you list too low, you may be leaving money on the table so let them counter.

While it’s tempting to see the low-interest, self-repayment setup as a win, the key question to ask is whether the opportunity cost justifies the move.

Make sure you have the right property insurance while the property is being worked on and an investor friendly lender or local credit union can help you refinance or get a HELOC.To Your Success!