I have a home I’m currently fixing up for rental.

@Jennifer Fernéz purchasing a commercial property such as the one you are describing usually requires 20%-35% down depending on the current rent rolls. 

My current project is one that I inherited but will definitely pay off in the long run.One of my biggest questions I hope to get answered is how private lending works and if it is worth it. 

Say I buy an occupied duplex, do I have to honor their current lease?

I currently live in New York.

While the current fiscal trajectory of the country certainly has some issues, this is generally referred to in finance as the “risk-free” rate—and the main economic alternative to mortgage bonds.

I'm currently reading the Bigger Pocket's Book on Rental Property Investing by Brandon Turner.

There is carpet in the closets currently and the carpet is in good condition.

I'm finding some listings on a popular realtor mls listing site (not sure if I'm allowed to say which one here)  that have a box on the listing which states "Assumable Mortgage" and has a "learn how" button, when I click on the button it says: "This home has an assumable mortgage"  and it lists the current average interest interest rate for April 2024 (7.00) for a new loan vs.  

My current primary was purchased in 2018 with a conventional loan.