That is luck.Now, for every 5000 mailers you send (let's say) you get a deal.That is a 99.98% failure rate.

Prices have been coming down rapidly since the rates spiked.

It is important to look for locations with strong economic growth, rising demand for housing, employment, vacation and infrastructure developments, as well as properties that offer the potential for value appreciation or steady cash flow.

I'm making great profits off them, but I'm having issues with my m-th bookings and I would like to raise my rates.

I have heard that interest rates for a DSCR loan are generally 1-2% higher than conventional loans depending on the LTV ratio and credit score.

I am very happy with the performance of my portfolio - all my properties are between a 10-13% cap rate.

That can be used to buy the interest rate down to make the home more affordable.

Quote from @Hector Espinosa: Hi,I'm negotiating a seller financing deal which may be my first one and would like to ask for some advise about and what are advantages and disadvantages about seller financing deals.These are the seller financing terms:House Price: $330,000.00 USD​ (Sellers still owe ~$301,000 USD)Down Payment: 5% = $16,500 USD​Loan Amount: $313, 500​ (Monthly payments will be amortized as a 30 years loan​)Interest Rate: 4.531%Balloon Loan Term: 5 YearsMonthly Payment (P&I): $1,594.24​Closing Costs:  ~$3300 ​Zip Code: 74105Observations:       * HVAC requires an update but pending to inspection (replacing with a new one will cost ~$10,000 - $15,000 USD )     * Expected Rent Income: $2,000- $2,300 but this is has been really complicated to get a good estimate because is all over the place in the different sites I have checked

Guests staying at a discount, technically called "below market rate" is ALSO personal use!

Say, 3 month later, I decide to do a cash out refinance of the replacement property at 75% LTV because the rate is lower.