The plan would have reclassified Colorado short-term rentals as commercial properties, thus going from the 6.8% residential rate to the 29% commercial rate. 

I'd expect rates in the low to mid-teens depending on LTV and credit.

If you are comfortable with those numbers and you can wait it out until interest rates improve then go for it.You could also consider putting down a larger downpayment.

This indicates a strong market demand and a promising opportunity for investors.Days on the Market (DOM)Reduced Sale Time: The average sale duration has decreased from 86 days to 67 days year-over-year.

Can we do this while maintaining the same loan, so our rates don’t go up?

They have various rates to choose from but I am still looking for a bank with better options.

Many investors fall victim to bait and switch because they do not understand how lenders are feeling right now and what a realistic interest rate/fee structure really looks like. 

I like to see two years on present job and at least a 720 credit rating. 

A robust rental market with low vacancies and excessive demand is good for house hacking, while historic belongings appreciation rates can upload to the overall return on funding.

My property manager advised due to decreased university enrollment these homes are slow to rent over the last few years.