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

Hey @Brett Baker, generally, any place with a great water view or directly on the water will bring more revenue.Of course profitability will all be based on purchase price and prevailing nightly rates in the area.If you find a cool 2/2 or 3/2 right on the water with a great view for 1.5m or a 2/2 or 3/2 house a block away for 600k, then I would look at the house over the condo.

Property Management will charge $140 per month+$20 supervision fees.

Simply because rates are higher, homes are not selling, and deals do not work.

Option 1: The loan that the owner has is an assumable loan at a 3.875% rate and still has about $265K.

If you're looking at a debt service loan, 15% is the minimum for a purchase but it's much more common (and rates are better) at 20-25%. 

So in that a much lower rate of return is acceptable given the safety and certainty level of things. 

If you were only going to net 10k and the fees male you a lose then it was never a good deal.If you keep project costs less than 72.5% of the ARV then no lending can screw you. 

That 4% cap rate on in place financials is a lie.  

Since i had capital and had access to my commercial banks for the best rates possible on vertical and horizontal loans..