Sometimes people just get so focused on shopping rate, they forget about fees, and many lenders understand that, so they quote a low rate, but don't tell you there are buydown fees involved, or their fees are there to make up for the low rate.Next time use a trusted local resource like @Andrew Postell. 

Yes, inventory is ultra-low and discounts are almost non-existent.

Some are even offering interest rates as low at 4.9% on a 30 yr fixed loan.Feel free to reach out if you have any questions, best of luck to you and your clients! 

I used to do re-fi's and get loans early on when rates were low. 

Utilize the Texas market's low property taxes, strong rental demand, and low state income tax to maximize your investment.Good luck!

One objection that is common now a days is the first mortgage rate being low and the home owner not wanting to lose that low first mortgage rate.The other objection is they want to use the Heloc like a credit card only making a payment on the portion that they use rather than the full amount.

Seasoning also matters: lenders will want you to live in the primary residence for a certain period before qualifying for another low down payment loan.

If rents do not increase above $1900 that a loss if they do increase it seems it might be a low NOI.  

Buildium at $55/month/$660/year is a relatively low cost threshold given opportunity cost of my time, so I'll likely consider that and if so, could report back.. 

STR hosts, what's your go-to strategy for filling up bookings during slow seasons? Would love to hear what’s working for you!