Here is the Suntrust 2008 FORM 10-K page 35 https://www.sec.gov/Archives/edgar/data/750556/000119312509042448/d10k.htm that sums up the debt instruments they called for my company and tons others in 2008: "We discontinued originating first lien Alt-A loans to hold on the balance sheet during 2006 and until mid-2007 originated a small amount with more restrictive credit guidelines for placement in the secondary market.

I would anticipate a primarily residential to be there, but primarily commercial might be around mid-9s to sniffing 10, based on where the 10-year is and how it would cash-flow

I have one investment property (primary home converted to a rental, my first tenant will move in mid-April) and I have been getting mixed opinions on what is best for someone just starting.

Also mid terms rentals are really booming here.

- Maybe consider Mid-term rentals in an area with hospitals or businesses with traveling corporate people - you'll need to furnish it, pay for utilities and WiFi but this is what some Bay Area investors I know that are doing and AirBnb to cash flow

However, one of our clients wants to use his home as a mid-term rental and he lives right outside of Austin, TX.

JayHave you considered looking into Short Term or Mid Term Rentals?

My husband and I own a few rentals in Northern MN (all long term and one mid-term).

Terms are usually 5-10 years fully amortizing in the low-mid teen's on average.They are basically taking a pledge against your future cash flows, similar to an MCA, but with rates from 11-16% fully amortizing on 5-10 yr terms, so payments are not nearly as ugly as an MCA, but similar concept.If they're a TPO or Broker for the same company, the program could be real.

Examples - owner occupied loans for house hackers, specific market knowledge (ie - friend of mine that ice fishes and bought a short term rental cabin in an ice fishing spot that you and I would never know of), ability to do renovation on your own or cheap, contacts with local companies or organizations that would be a tenant source for mid term rentals, ways to source off market deals, etc.Whatever it is, figure that out and get started.