As long as you stay at 4 units or below you'll even get very advantageous rates on your financing. 

Hey All, With higher prices and current interest rates, investors are looking to different strategies to make deals work.

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

Have you looked into sale prices and rental rates?

One thing I do is pull up the rate and occupancy chart right off AirBnB and see what the bookings look like.

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.

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.

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.