It will be a 5/1 ARM though.If you want to lock in a 30 yr, but with a little higher costs, I've used LimaOne and Visio in this area. 

Not only is it a costly and hasselsome process to establish such, but at end it's an association of 4. 

It is easy to underestimate the timeline.It is easy to underestimate loan costs.

Some even offer preferred interest rates as low as 5.75% at no cost to you. 

Thus, when a foreclosure sale is held, you can set the bid amount up to the amount of the total debt, which would likely increase from 80K to include the legal fees, receivership costs(we suggest 5 - 10% of the rents collected), repair costs, additional accrued interest, minus rents collected.

I had a client who kept waiting for a better rate, only to see it jump 0.5% overnight costing him thousands.

John said no, that our offer wasn't going to cover the design work and I asked him what the cost of the design work is.

And after you have sent 15k on downpayment and closing costs, you have 10k left, which is just enough for one HVAC emergency replacement and some paint. 

The reality of the market is often misunderstood, and you’ve perfectly highlighted the impact of interest rates on home prices.It’s a compelling point—waiting for lower rates can actually lead to higher overall costs due to increased demand and rising home prices.

Either way far more cost effective than hiring a VA to skip trace which I did a few times and burned a hole in my wallet.