With high interest rates, there's less competition and more stable prices.

The difference between interest rates on a conventional loan and a DSCR loan can be significant and cut into your cash flow.

With Fidelity you can also invest in their Zero Funds which don't charge management fees.

Our interest rate at the time was still very reasonable and it was something I wanted to lock in from the jump.

You can maintain a hands-on approach or enlist professional management services to streamline operations and maximize efficiency.Strategies for SuccessLocation Matters: Focus on neighborhoods with low vacancy rates, good schools, access to amenities, and proximity to employment centers.

The rate difference between FHA and Conventional is actually over 1% right now for Multi family propertiesCurrently the rate offered is 6.75% and 193/m in PMI (private mortgage insurance)That makes the payment with taxes and insurance roughly:$3453/monthTaxes were $3820, and insurance is $1800/yrCurrently this building can rent each 2 bed unit for up to $1800/m with tenants paying all utilities.All in cost to close is: $71,414.64If you rent both units for $1800/m you can expect gross cash flow of $147/mThis is the reality of buying a turn key duplex in the area using todays rates and prices.I want to stress, that this is actually considered a great property and deal in todays market for the areaYes, prices are high, and so area rates...My goal is to show what is actually going on.

I have ~$100k in equity and have a 3.2% interest rate.

For example, interest rate buy-down, home warranty, etc? 

Their labor rates are about $500 an hour.

Let’s say half of those have floating rate debt and are in trouble, that means only 5% of the MF properties are in trouble AT MOST.So there is some distress but it is limited.