The program looks at location, property value, amount owing, interest rate, taxes, insurance, rents, condition, etc and several exit strategies.When we make an offer to buy, we can offer cash, subject to, wrap, seller financing, lease option, seller carryback and so on.Obviously if we wholesale the property, there is no carrying management needed, and if use a lease option to sell, the optionee is responsible for maintenance and repairs.

House hacking where you get to "live for free" is near impossible with interest rates right now.

I guess you would call me an "accidental landlord" as I was able to take advantage of our interest rate on our first home.

They are not going to get anything better than 5% even if they had a social as rates are above 5%. 

So this guy advertises his "7 day sale" system; you can listen to 1.5 hour audio here:http://7daysaleguy.com/replay.htmlThe idea is simple:1) Get a quality property under contract.

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

If you're comfortable with a smaller percentage for expenses, change this part of the calculation - just realize you're ratcheting up your risk exposure on the property.Divide the net operating income by the prevailing interest rate (5%?

Also some lenders will offer this on newer originated loans.It’s not common but I have seen it offered on occasionIf there is a higher default interest rate then I would consider it but if it’s the same rate as default I would not accept it

with todays  rates , many  borrowers  wont  want to have their  1st mtg  rates   touched ?   

As I would have to move in at least for a year to assume that rate.