I could invest the 2K lower rate only requires 4.1% return to hit the $8K.415K loan20% > $83,000015%> $62,250PMI Cost for 39 months > $2,613@ 4.0Over 360 months cost $238,606 in interest.@ 4.125Over 360 months cost $247,252 in interest.-8,646@ 15% @ 4.0%Over 360 months cost $262,707 in interest.-24,101What are typical escrow costs?

You can google "Becoming a Landlord by Fannie Mae" or hit this link to our site for a copy.   

I live in Northern Colorado and flip homes on the side.

Ive gotten to about half that goal in the past 6 months, and should hit my goal.EDIT: Title should have been Does The Fed's Rate Hike Affect Your Current Or Future Strategies?

Read up on each and hit us up with more specific questions. :)  

That's pretty low for 5.5% financing, particularly considering that you're NOI hasn't hit bottom yet.

To benefit in any way from this property at this point would be considered a "prohibited transaction"6)Over the next 5 (or so) years, I will transfer the SDIRA into the ROTH SDIRA     i)Each year, I will have to pay taxes on the amount of SDIRA I convert into ROTH SDIRA     ii)This allows us to spread the tax burden over a several year span as opposed to getting hit with a big tax bill all at once.7)Once the SDIRA is fully converted to ROTH SDIRA (and wife is at least 59.5 years old), she can take the property as a distribution from the ROTH IRA without any tax consequence.I know this was a bit long.

And on top of all these problems, you'd have to swap back and possibly get hit with FX risk. 

Find one agent, who'd be working for you, it's easy to set up an automatic MLS search that would forward all REO's as soon as they hit the MLS.

Originally posted by @Justin Whitfield:We are looking for a builder/contractor in the Upstate (we are in Anderson) who is willing to work with investors.We have a few projects we are currently discussing and also possibly a few big renovation jobs.Contact me either on here or by email, look forward to connecting with someone.Just hit the local REi meeting and I'm sure you can find a few good recommended contractors.