It was all really quick, and the time to complete everything happened a lot faster than I expected (which was a good thing).I was worried at first that I had to use all the partners that Rent to Retirement had, but it was really easy for me to shop around for different lenders with different terms and rates, insurance providers, and property management company.

Because of where interest rates are at—and how slow everything is moving—we basically made a "take it or leave it" deal.

Interest rate is 7% and HOA is high ($760).

I do have a third goal, but too much will happen by the time my second goal materializes that my third goal will likely change drastically.Also, I tend to find myself wanting to ask market-specific questions to agents/lenders/investors/contractors/etc. a lot.

If have investment property, we are looking for relatively updated units (we are ok doing some work ourselves), class C+/B tenants, with rents either close to market rate or that can be increased.

It is the interest rates at which banks lend to each other and is short for Secured Overnight Financing Rate. 

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. 

I want them to see the total picture and then keep whittling down to where they get close to say a 5% error rate. 

A car forum that I'm a part of, and I know the owner of the forum, told me that the dedicated app required constant work and updates as phones and operating systems changed. 

You would end up saving the higher interest rate on the HELOC as well as closing costs.