Rates are high, usually in the high 8s or low 9s, and you may pay 2-4 points on the loan. 

At first, I thought I had to do everything solo, but once I started leveraging partnerships, it completely changed the way I looked at deal-making.

Also the hit rate per property is really low.

But at a lower rate compared to other cities that are growing. 

Market Fluctuations – What if appreciation stalls, or rates rise, impacting your refi strategy?

2) If you do owner-occupied cashout refi for best rate, you technically have to live in the home for 12 months before renting it out. * Some responders here may suggest not worrying about that and renting it out anyways.

I changed my major from Accounting to Real Estate back in 2018 when I was attending Glendale Community College.

The drop and Swap is about all we use here due to the confiscatory tax rates based on sale price.

In this case, you can use Rental Income from the units that you will not be living in and that income can count to help you qualify.FHA rates are going to be lower than conventional for you almost always, but FHA does have a 1.75% funding fee. 

Don't expect rates to come down.