Just like the asking price, just because the owner suggests one interest rate or term doesn't mean you can't offer something different. 

The trust would also acquire the new replacement property. 3) If you are renting the property to a related party, please keep in mind that it should be at fair market rental rates.  

If so, it seems like they would restrict the pool of gems to only free and clear (other than for the tax lien) properties for which the owner is dead or is hard to find.Are there any interest rate bid down states that don't have in their laws provisions similar to https://www.azleg.gov/ars/42/18204.htm as they relate to excess proceeds stuff?

Considering a rate buydown on a DSCR loan?

The current tenants are month to month and not interested in buying, and the existing mortgage balance is assumable (3.65%) for qualified buyers.I know it's a great house -- and with the assumable mortgage -- a great buy for someone looking to save with current interest rates sitting as they are. 

Look at occupancy rates, average daily rates, and competition to understand the potential for success.Property Management: Consider how you'll manage the property remotely.

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

Thanks The older homes usually require some sort of updates to the plumbing/electrical to get a decent rate if you are wanting replacement cost.

It's hard enough borrow at regular mortgage rates and generate cash flow. 

End his lease, and find a tenant willing and able to pay market rate.