I currently have around 20k cash for a down payment and that is steadily increasing so I want to pull the trigger soon.I'm interested in Fort Wayne for a few reasons:- I have some family in the area (they won't be involved, but have some general knowledge of the area)- Decent schools- Low crime- Airport- Low pricesAny advice or connections are welcome as I am completely new to this.

A line of credit is adjustable rate with interest only payments that will have a "draw" period usually of 3-5 years for investment properties (usually 10 years for primary home) then will amortize over the remaining term after the draw period.

Closing another this month at 11.75 cap rate.

Glad to share my experience and information if anyone is interested. 

Hey Cameron, just saw this. 

As you purchase more, your net worth will go up more quickly than the savings in interest with the other option.

Thank you and be well-ShawnT Buyers aren't necessarily interest rate shopping they are shopping for affordable payments.

Feel free to DM me if you're interested. 

I'd be interested in joining a class action lawsuit. 

We also have interest from some new car companies that are looking at the facilities in Windsor for re-purposing to use for EV manufacturing.