Cash-flowing SFR's are tough to find in this interest rate environment without value-add rehab work or a large down payment.

It's been steadily growing in terms of population, rent rate and appreciation. 

You can have it quoted as non-warrantable and if it comes back as warrantable, the interest rate and monthly payment will decrease a bit! 

Should I try to save more money and improve my credit for a better rate or try to get creative financing for my possible investment.

**Financing Risks:** High-interest rates on pre-construction loans can impact your overall return, especially with rising cost of capital.

I've been living in WA State for a year and have been learning my local market (I live about 45 min northwest of Tacoma on the Kitsap peninsula) while saving to buy my first property.The high home prices and high interest rates are making it challenging to find good deals.

It will increase tax rates on STRs from residential to commercial, so from 6% to 28%. 

Your federal income tax rate is 35%.

Portfolio loans tend to have increased fees and interest rates along with a partial release clause that could potentially restrict you from selling one of the properties included in the package. 

It's crucial to look beyond just the lowest rate offered on a verbal or preliminary basis.