They owe back taxes(3500) and I'm sure they do not have the funds to make repairs.

I would hate to lose the lower rate loan and not be thrilled to give up the prop 13 savings.

This is caused by many years of low interest rates, high construction costs & supply shortages, along with high demand from millennials buying first and move-up homes at the same time baby boomers want to downsize. 

@Bryan Hancock @Michael Timothy Unfortunately, real estate crowd funding platforms do not raise equity for deals where the property cannot be identified in advance (bulk SFR or funds). 

Having to book your own AirBnB is a great tool for direct insight into demand, rates and competition. 4.

With the average apartment in my area ranging from about $1600 and up, having a mortgage rate between $1200-$1400 (again, rough numbers the lender provided me with) doesn't sound too bad considering my money would be going towards my investment and not just right out the window.Now all this sounds very intriguing considering I am ready and willing to take these steps, but with where I am at as an hourly wage employee living paycheck to paycheck, in a VERY expensive town to live in, the numbers just seem quite daunting.

If you use a DSCR loan, the lender will underwrite against the property's income, your personal credit and experience, and will source whatever downpayment funds you use.

If I secure FHA funding, I would live in the house for the required time, then rent it out.

My questions are:a) Is it worth paying that 15 year note off earlier with that interest rate?

With around $100k in liquid funds at the moment, I'm eager to invest in the Nashville area.Here are a few questions I have:1.