Yes, we have 3.75 so slightly under 4 and some cash reserves to lessen the monthly payments and improve cash flow.

@Andrea Lauritzen, Most full-service 1031 QI firms will all work nationally. 

You really need to have reserves to cover vacancy and high cost repairs.

Establish the value based on your own market analysis.Your property is a rental once it is placed in service - typically the date it is advertised as available.Check your home owners insurance policy and make sure it covers rental operations - I expect it does not.

Even if you find that you still need money to close, due diligence costs, and some reserves to eek by until you can build up the cash stream.

If you can save someone time by offering your services, they'll see your value and be more willing to show you the ropes a bit. 

There are services that can help with this, or you can do it yourself by asking for references and running background checks.

Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.

-AI Chatbot Klarna replacing customer service reps with ease.

I was also happy with that as conventional loans at the time were at about 6%.Lowest rates possible will be in relationships with private money lenders.Lowest rates in the public market will be in the form of a conventional loan.Next up you have commercial mortgages that are usually slightly higher than conventional loans but don't have as strict of loan requirements as conventional loans do.Usually a bit higher in rates are DSCR (debt service credit ratio) lenders.