Based on what you've told us, your rate should be at prime (7.5%), unless you are over 80% LTV, then it would be prime +1.Jeff

"District South was financed with a fixed interest rate construction loan from our partners at First Financial Bank NA.

I will say that during that time, the HELOC interest rates were very low.  

As rates have gone up we tightened my sold comps.

Was going for the best cost-of funds (lower rate)

What's your current rate and what rate are you aiming for?

Frequent hail storms pushing insurance rates up in that market. 

I am a CT based investor, flipper and property management company owner.  

As to your point about confusion in the future, it's our policy to leave the conversation and thread open and available for anyone to read, they can gather all of the information and make an informed decision for themselves based on ALL the information provided.

The owner occupant rate is super low compared to many states but as a rental it goes up alot.