More than likely rent rates are lower because the property needs some sort of repairs in order to bring it up to par with the higher rent rates which gives you a bargaining chip in negotiations

Holding Costs $107,700 All-in- $84,000 Refinance loan = $23,700 Cash remaining in the property If your goal is to have zero cash invested after the Refinance, then, you need a lower Purchase price.Not sure why the Points are included in the HML.  

at around 8% For a long term loan you would land around the 6 to 7% interest rate at 75% of the LTV points would be around 1.5 to 2 Credit Score would need to be around 650 to get something done at these number If lower you would have to go HML points and rates would be higher of course 12 month loan with options

Entry point is lower there, but whichever way you end up going, best of luck to you!

So aim lower than it could ever possibly be or walk away.

Hi Teri, I have direct relationship with them so the quote is always lower.

So maybe you could find something a little lower, but not much.He was open to whatever I wanted.

In certain markets, renting may be more cost-effective than buying which means your monthly payment will be lower than if you owned a home.

Get lower paying job when fInally let go. 2-leave area foR saMe salary range and sell current rentals since I am not comfortable being long distance landlord. 3-cash out and pay taxes and penalties on ~$200k 401k and really jump start my rental portfolio to replace lost income. 4- some combination of these.

Other managers I have interviewed were at 50% first months with a lower % of gross rents.