BLOC FL, CO, OH, UT, IDLafayette Ambassador BankMerchants Bank MN See Pavel UshakovMid-Hudson Valley FCUMountain America CU Utah, ID, MT, NV, AZ, NM. 85% LTV, promo rate of 1.99%.

I still go look on Rabbu/AIRDNA, Compare MTR rates vs.

While the leverage may be lower, banks typically offer fixed-rate options instead of adjustable rates.Remember, each property tour is an opportunity to gather valuable insights and make informed decisions.

Compare rental rates in your area for similar properties.

Normally I wouldn't be targeting this one, just hard to pass up the discount + 10k year in "gifts" on the seller financed portion. 

The remaining principal was about $450,000; the stated interest rate was 11%, and the note had 8 years to run with a balloon.  

Many builders are offering great incentives right now for buying down your rate permanently, and/or paying some/all of your closing costs. 

@Adriana Siu if you can get $3500 cash flow and have a low interest rate, it should cash flow well.

This could also be called an 'equity play' where you are just buying the property to get into the real estate game and build equity, as it isn't cash flowing in its current situation (be it because of high interest rate, high RE prices, or whatever).  

"Cash Flow" nowadays seems to be a lot tougher than the years past with rates and home prices (and HOAs) the way they are.