I imagine this isn't cheap but I don't see another way.

As per the TK provider business model, property was bought cheap and rehab done (work provided).

Quote from @Brandon Bell: I've owned a property for four years with a standard fixed-rate mortgage, and now I'm looking to convert it into a rental.

Especially in today's high interest rate environment, a low income buyer is usually going to be better off renting than buying.

Of course this all depends on YOU setting the base rate and all the knobs and triggers most appropriately.

Quote from @Brad Kremer: Hi everyone,I own a cash-flowing duplex in Austin, TX, that I bought 8 years ago when rates were considerably lower than they are today.

Hey llina, as Jonathan stated below an LLC will not determine your interest rates. 

In a climate like this with high rates, probably better to use a Heloc so you keep the lower rate of your 1st lien.

It's mostly a joke.I think it did good - the influencer who opines regularly on cap rates, interest rates, the Fed, inflation, and is generally an economist, or even a bit of a philosopher, probably does alright! 

I am a resident physician in dermatology, during  medical school I bought a property in Denver with an Interest rate of 2.75% (COVID rates lol) with the goals of renting it out when I moved onto the residency.