I recently purchased a primary home in LA County Sept 2023 (only put 5% to do renovations and have an interest rate of 7.25%; I rent out back unit when we are out of town and intend to rent out main house eventually).

I would be looking for a price discount to compensate for the repairs, lost rent, and eviction expenses. 

The unfortunate thing here is that investment properties foreclose at a higher rate than primary homes so many banks just don't want the exposure to this.

I think your best bet is to go with a Correspondent Lender like we are because we can get you multiple offers to ensure you get the best rates and terms available for your scenario.The best lender is going to depend on the qualifications of the borrower, the property and tenant type as well as some of the specifics of the lending scenario.For the Borrower:1.

The first step toward this goal is for the city council to recognize the harm caused by maintaining a high commercial tax rate, which drives companies away from the city.Hopefully, we can explore more avenues to generate employment opportunities for Worcester residents, empowering them to work and sustain themselves.

Maybe a manager would consider discounting to 8%.

I assumed this was something a management company does and at any rate they said no problem.After about a month and various excuses for delays in getting a quote, I decided to get a backup quote from my normal insurance agent.  

In this cas you own but it's fraud, orange jumpsuit not so flattering.For a "win win" in a distressed property the seller has to get a big sales price or high interest rate for taking the risk.

I can some up Western Wealth Capitals financial problems with Three words:  "Variable Rate Loans"!

They compose yearly repair rates for all major appliances they service based on their own service call numbers.I am just posting this info for everyone to read about these units.