I base my rents on the condition of the unit and the competition. 

Durham tends to offer slightly better cash flow opportunities compared to Raleigh, especially if you’re targeting neighborhoods that are up-and-coming but still affordable.

If that's the case, you should be able to rate/term refinance at ~75% LTV with a DSCR loan, and with some interest-only basis, your payment will go to ~$850 (based on ROUGH pricing TODAY).

Could be way off base here.

But this is definitely a CPA question because the IRS rules are based on your AGI and phase out if your AGI is over $100k.

Hi Charles, I'm also based in Honolulu with young kids and in a similar situation to you, have also thought about buying an investment property in Japan that we could use part-time and rent out at other times.

The rates are high right now but these loans are limited based on cashflow so you cant take a loan that costs more than you're receiving in rental income.

I would like to discuss more about the services you offer. 

I'm a mortgage broker and can offer just about any product QM and non QM with competitive pricing. let's close some deals!

As you know in many real estate deals, the money is made at the buy.Personally, I'm focused on off-market deals where we can create value.Curious—how did you frame your offer to get them to drop without hesitation?