For a DSCR, at 85% LTV (15% down), your rate is going to be 9%+ for the most part.

This allowed me to come up with a guess for rent as well as price to be sold.I then got pre approval from a bank, built a spreadsheet which let me estimate expected total return variance and likely value when varying interest rate, rent growth, appreciation.

Asking price is $699kAt 75% LTV in today's current rate scenario, this yields a negative cashflow.

Georgetown grew at a rate of 10.6% between July 2022 and July 2023.

This will continue to push up the prices.Sales - Months of SupplySales - Median $/SF by MonthDespite persistently high interest rates, the $/SF continued to climb, up 10% Year over Year.Why invest in Las Vegas?

However, you can inquire about a non-DSCR or commercial loan with the higher rate, but 50k minimum loan amount.

I would like to tap that but my interest rates are super low (2.8- 4.0%) I have also considered doing a business line of credit.

The costs out way the benefits especially with these higher rates. 

Hopefully she provides the receipt but if not you got sufficient discount to be acceptable.This is not a big enough expense to be bothered by.  

The rent usually increases, but I give a discount for signing a new lease.