You may also see a discount fee which means you are buying down your mortgage interest rate in exchange for higher upfront cost.

Another option is to have him seller finance at a rate and term attractive enough for him to offset the capital gain.

Here's the terms:FOR VALUE RECEIVED, XXXXX a limited liabilitycompany (hereinafter referred to as "Maker*), hereby promises to pay to MY NAME,whose address is redacted (hereinafter referred to as"Holder"), or order, the principal sum of $XXX,000.00 in legal tender of the United States, accruing interest at an annual rate of 18.0%.

It was a lot of work but we got the loan at a great interest rate and with the rental market in the area its been a great investment for me and my family.

Are you willing to cut your nightly rate aggressively to drive occupancy rate? 

I only brought 3.5% down to closing and the seller paid 3% CCA which I used to buy down my rate to 4.8%.   

I ran the numbers and it looks like our house would not cash flow (between $0 to -$300 /mo) as a rental, mostly due to the astronomical property tax and insurance rates.

Crime has been rising a little and with my property having newer renovations and standing out a little more it’s caught some attention.

It is the easiest barrier to entry (best Interest rate and low down payment req).

There are stated or no income 2nd mortgage loans but typically these are fixed term and fixed payment type second mortgages meaning the interest rate usually doesnt fluctuate like a HELOC or home equity line of credit would fluctuate (prime + margin = annual rate calculated based on a monthly basis).