If I hold my interest rate to 7.25% and run my numbers, the ratio of rent to purchase price changes depending on the rental rate.

The amendment could exacerbate the “lock-in” effect, where current homeowners are disincentivized from selling their homes and purchasing new ones.

We own a rental property in Helena, AL that we purchased about two years ago. 

Material facts are still something that are significant in properties purchases in any compacity.

The upside is that higher rates have taken some of the competition out of the market, and in the event rates lower, you can refi and make a good deal that much better.Having said that, there are plenty of financing options and you should absolutely talk to several local lenders and shop it around.Using an FHA product to purchase a multi-unit where you live in one and rent the other(s) is one way to avoid some of the highest rates (house hacking).

We ran numbers across several probabilities and it seemed like a safer bet when we purchased. 

In that case you need to understand your refi options on the BRRRR before you purchase.

If the numbers on your rental aren’t great yet, maybe another purchase isn’t even on the radar right now.

Purchase price: $65,000 Cash invested: $30,000 Sale price: $195,000 Live in flip.

Purchase price: $305,000 Cash invested: $25,000 Residential single family residence rental.