Now, in July 2024, competition has waned, but home prices are hot, and rates even higher.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Though self-direct rules allow a broad range of investments, these companies restrict you to their stocks, bonds, mutual funds, etc.

Of course rental rates will likely increase by the time we are ready to rent.

I’m not sure what your state requires under landlord/tenant on a “separate “ account, but it really is cleaner to keep them separate, but if you reconcile each month and show those funds there, it should be ok.

I wanted to place no contingencies in the offer, but we need to sell our primary home to get the funds to close.

**Higher Risk and Requirements**: Lenders may have stricter criteria for blanket mortgages, including higher down payments, reserves, and interest rates compared to traditional mortgages. 3.

If you’re unhappy with your employer look for alternatives so that you can still get funding for investments.

Then they will sell you a 5 year warranty for 10% of the discounted rate.

We have approximately $475k equity in our primary residence (2.5% rate for 11 more years - $850k value).