To my point of view it is the only way I can have good cashflow after the Vacancy rate, Repairs, and Capital expense.

.- Going rate for TH and individual rooms- Demand and saturation levels (how long does it take to rent), length of stay, etc.- Other market trends about the areas TH and individual room rentability - Frequency of renting versus selling in the areaI look forward to the insights you all share!

Hi everyone,Have you recently bought a house in the NC coast at the current high interest rate?

If you’ve never owned then conventional absolutely makes the most sense since interest rate and down payment would be lower!  

Rates, closing costs, and points also play a huge role in making the right move and can save you extra.You also want to make sure you have multiple terms like ARM products, Interest Only, No Prepayment penalties, etc.If you want to talk REI feel free to reach out I enjoy helping when ever possible.  

For our example, we will assume you are purchasing this property as a secondary home and got an interest rate of 3.5%.

I can always turn this into a LTR but with the current rates I would be losing money every month.

Great idea to utilize a lower interest rate for it being your primary residence and a lower down payment.

We recently helped a seller in Fallon that had an unfinanceable property, but she had a VA loan with a good rate.

As a quick-and-dirty approach I use school quality as a way to guestimate neighborhood quality.