*Affordable – Next, Phoenix has relatively affordable properties in comparison to other top metro areas such as Los Angeles and San Francisco, which means that investors have the chance to purchase homes at lower rates, thus increasing their profit margins.

The deal doesn't work as well with higher interest rates.

The tax paid from your lending proceeds should be the equivalent of your tax rate I would think.

million in addition to their investors (who expect a reasonable rate of return) by keeping the rental rates at a fraction of the market rate?

Occasionally I'll see properties coming on the market where the seller has a VA loan with a low interest rate.  

Both of these allow you to low down payment loans to buy a primary residence with fixed interest rates.

Jung,Welcome to the BP forum its a great time to start as mortgage rates fall and home prices still priced well in many states.

Here are the key details of my situation:Rental Property Details (Note: This was our primary home till 2017):Current Value: $970,000 to $1MPrimary Mortgage Loan Balance: $505,000 (@ 2.6%)Took Home Equity Loan on this house to make down payment for my current primary residence.Home Equity Loan Balance: $123,000Total Loan Balance: $628K (Primary Mortgage + Home Equity Loan)Rental Status: OccupiedPrimary Residence:Purchased in 2022Mortgage Rate: 7.3%Current Loan Balance: $650KMy goal for 2025 is 2 fold: #1.

Depends on the operating agreement and docs you signed.

Leasing, technology, interest rates, sustainability, AI, etc?