If the loan amount exceeds $1M, then rates are in the high 6's to mid 7's. 

Perhaps someone with more knowledge on the neighborhood rental rates can chime in.

Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

So if every year I would buy an assumable rate property and live in it for a year then rent it out and repeat this.

So if a client is at the 37% rate a $10,000 study would only really cost $6,300, and that doesn't even include the state tax deduction if applicable. 

They rather are remarks regarding to nature of RE business.Some remarks:+ It looks like as OCF becomes more well-known and establishes itself as a more and more trustworthy company, prices are slightly sliding upwards (cap rates slightly decrease) and threshold to make a deal with them (initial price that you have to pay to buy a house) increases.

What are the vacancy rates in the area according to AirDNA?

I kept meaning to buy for a few years, but I’ve been simply overloaded with a startup.My current country prevents me from purchasing property (non-citizen), and doesn’t offer fixed rate mortgages - the floating rate is high rate at 7%, and has been about this the last 20 years.

They are most likely  going to be the better borrowers, with greater success rates on execution along with likely having access to better deal flow and thus the better collateral.

Here's a good rule of thumb regarding how lenders feel about credit scores for DSCR using our school analogies:- 680 (B-)- 700 (B)- 720 (A-)- 740 (A)- 760+ (A+)Every 20 points in either direction will increase or decrease your rate.