The same properties through FF get "shoppers" - people wanting an application, lease, etc and then change their minds about  6 days later.

Now I am looking to just get a conventional loan then do a cash out refinance to pay of heloc later.

I disagreed based on my personal journeyI didn't have the money to invest in real estate, like buying a rental or even doing a fix and flip, my credit was horrible, and I could only saved $125 a monthSo I started wholesaling, and I was able to create a bunch of cash in 12 months and become great at finding deals.Then, I decided to start doing fix and flips, then rentals later on.I didn't come into the business to make quick cash.

First is househack where we share common space between tenant and owner ; and second is househack where we do not share common space between tenant and owner.When I mentioned househack in my own terms I refer to the later case where we don't share space, it's like multifamily living albeit it is just living like close to the neighbour.This question is actually very good and I have been trying to debunking that myself in which neighborhood in our local that could give such advantage.

You will likely have opportunities to refinance to lower that rate later on and make a decent deal better.

Sold a couple of months later for $600k.

Found out later they didn't pay their electric and phone bills either.

This seems like I am paying 20% now and 20% later.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

A default on the mortgage later would have been an acceptable risk in their position and worth the lump sum upfront.