Just spoke with a business dev rep from BAM today, good conversation, said theyre not worried about rates right now and have plans in place to account for them. 

Hopefully after our conversation, you have a better feel for what to expect.  

This should be a 2 minute conversation with your realtor. 

., you’re spot on and the condo conversion would be a good move but I think it might be too soon for that (I am a little more attached than my other properties since it’s my home).

It goes both ways....let's carry on talking about RE investing and keep the personal conversations elsewhere.

Conversely, if new houses are being built frequently, older properties may struggle to maintain their value.Property taxes also play a significant role.

My Roth were all contributions, no conversions, but I can say I have seen many convert from pre-tax to Roth  

Attached: An addition to the primary residence, such as a basement or garage conversion, or a literal addition with shared wall.Who is an ADU for?

I'm always willing to have a conversation to help new investors learn from my experiences, to hopefully avoid the pitfalls of buying your first property. 

@Tayvion Payton to get a better understanding of the loan products, it's best to have a conversation with a commercial loan officer at a local community bank or credit union.On commercial, the number one rule is a deal meeting their DSCR loan covenant, which is typically 1.2 to 1.25.