But you can’t use your “profit” as a guide when your buyer will have a higher interest rate on a higher mortgage with a higher downpayment.Goodluck. 

. - Due to all the EXTRA handlholding with the tenants in these circumstances, we either terminate our management or require a higher monthly fee from owner.If you are a PMC reading this and you do NOT have these checks in place for new clients - the market slowdown is going to cause you a ton of headaches with desperate owners dumping their problem properties on you.

Most Helocs carry a higher rate and over a shorter term where as a Mortgage offers a lower rate over 30 years for the lowest payment.You might have a low first rate and not want to refinance but trust me the blended rate between a low first mortgage and a High rate Heloc tends to have a higher payment.

As a fellow Northerner, I tend to buy in the Southern half of the US for 2 reasons:1) you get much higher year-round occupancy rates in the South & it’s simply tough to earn a good ROI in the North if your place sits vacant for a big chunk of the year2) Culturally, the Southern half of the US seems to be a lot more accepting of STRs regulation-wise.

Also, depending on your network from BPCON, see if anyone has connections to private lenders willing to do higher leverage, especially for strong deals like yours with a solid ARV.

But even then, you are better off to refi at slightly higher rates than "best rates" so that the closing costs are paid for or mostly paid for by the lender.

If the returns are so good I would assume they could target higher net worth individuals, and the fact that they cobble together a bunch of beginners $50k investments is a red flag for me.3.

You can likely do a higher ltv if DSCR works, but, it will be at an expensive rate.

@Boone BergsmaIf they were all selling for par, B,A,CB because it’s fastest term, then A because higher interest rate possibility to get paid off on refinance.C long term low rate and your overall yield barely keeps up with inflation.

Credit score- the higher the best. 760-780+ generally gets best pricing for investment property loans with most lenders.