Taking these two pieces of info will tell you how long you will take to get an offer, so if you go past that you should lower the price, and then the other action item would be to starting off lower than all the other properties if the condition is better than your condition.

Don't go for the cheapest (unless the price is lower because it is on sale), but also don't go for the most expensive. 

Pros: Lower interest rates, flexible access to funds, and leverage without selling your home.

Question: Should I collateralize the loan (if using private or hard money), or rely on roll-over loans (to maximize the lower points and 3-4% rate)?

Benefit of waiting is lower mortgage payments and lower debt.

For $10K and a lower rate I'd be willing to consider delaying...but only if I knew that lender two was solid on closing in a relatively short timeframe.

When you say "section 8" tenants, are you looking at low-income housing tax credit type properties, or standard rentals that are in lower income areas and therefore cater to HCV tenants?  

It's a more affordable market and lower property taxes, so you may actually have a chance to cash flow.

When they do, you can refinance to a lower rate.Dealing with current high interest rates (about 7% on 01/27/2025) you have the following choices:A larger down paymentAccept a negative cash flowBuy down the interest rateCombine and balance all three to get an acceptable cash flow today.

Hi Ken, I would say in the vast majority putting down 25% on an investment property is the safest way but there are ways to put a lower down payment and sometimes little to no money out of pocket.