We are not likely to see rates that low again in our lifetime.

Quintessential coastal PNW with beaches that are among the top rated anywhere. 

The interest rate on a HELOC or Heloan may be better than the personal loan. 

My first mortgage was almost 11% and that was a good rate.

So, even when the market is challenging, you can still see properties and stay current.Don't take a break when the rates are high.

As I'm sure you're well aware, the small multifamily space in metro ATL is competitive despite current interest rates. 

What is the interest rate on the mortgage? 

I am now 29 and wanting to grow at a faster rate- and also ensure that I am making smart moves, rather than just grasping at whatever a bank will give me.

Rent rates have increased so quickly over the last few years.

While less than 10% of the mortgage industry offers 40-year mortgages, here's something to factor in: they often come in with a rate increase of 20-35 bps.Assume 35 bps.$300k mortgage at 7.25% (30-year): $2,046$300k mortgage at 7.6% (40-year): $1,996Technically, it lowers the monthly, but not by much once factoring in the rate adjustment.