@Al PatI was also told that lenders are steering clear of investment properties.Your rates seemed a little to include points.

As far as location it is in a great area between Athens and Hsv, AL. 

Anybody familiar with commercial real estate in Birmingham, AL?

With our Airbnb, our experience has been that people will fly from around the US - but many drive from Alabama, Tennessee, Mississippi, Arkansas and especially Texas. 

Hi, my name is Roberto Ruelas I’m new to real estate investing and was just wondering if anyone here has done any real estate investing in Florence, AL?

Anybody know any banks or anybody that will do a heloc or line of credit on an investment property (I own it free and clear) in Montgomery Alabama?

Currently looking in Alabama, Tennessee, Ohio and Kentucky.

Assuming the purchase loan was not a homestead loan and/or you have a homestead in Alabama...and this loan is not a homestead loan - see Texas Constitution Art. 16, Sec. 50(d): "A purchaser or lender for value without actual knowledge may conclusively rely on an affidavit that designates other property as the homestead of the affiant and that states that the property to be conveyed or encumbered is not the homestead of the affiant."

Currently looking in Alabama, if that helps. 

From what I read the NAR of Alabama and Georgia have been fighting this.