I would find a loan officer that does both conventional and FHA renovation loans to compare which has better rates and terms for your situation.

The price points do make it hard to cash flow even with the lower interest rate subject tos. 

Many claim they do not charge a markup, but then aren't transparent with invoices, etc. 1) If a PMC charges $x hourly, their markup is built into that hourly rate as they are NOT paying their workers that hourly rate.2) Many PMC's send you ONLY their invoice, or from their wholly owned maintenance company, not the underlying invoices from Home Depot and contractors.

I looked at the rental trend over the past 10 years, I should be fine in year 7 for the refinance unless rates are totally out of this world.Your right those rents would be really low for Stamford. 

We have an A+ Rating with no complaints. 

Compare Loan Terms – Ensure their rates, fees, and terms align with your investment goals by getting multiple quotes from other lenders. 3.

Bureau of Labor Statistics and Texas Workforce Commission, Texas was reported to have the highest rate of job creation through 2024. 

Where did you find this company and or was it referred to you.2. did you go with them because their fee's and interest rates were advertised as lower than other lenders.

What am I missing (besides in some instances you have a lower interest rate but do not get clean title to a property)?

Based on 27.5 yr straight line depreciation, that's about $1,700 of missed annual depreciation; $25,000 over 15 years - and at an ordinary tax rate of say 30% tax could amount to $7,500 off my current tax bill.