I am also getting 10k seller credit from seller, and could either use that one to buy down interest rate or just pay off the closing cost. the lender is giving me few option one with higher fund at closing and lower interest rate, and one with lower fund at closing with higher interest rate (about 0.2% difference) With the high interest rate right now, do you think it is better to do higher interest rate, and refinance later or should I just try to get as low as interest rate as possible and do not worry about refinance ? 

Currently met lender  who offers extremely good terms. 7% int only split over 2 years.

Credit Unions can be great but you're at the mercy of their individual guidlelines and old school Underwriting "gut checks".We(Lower.com), offer HELOCs on investment properties and 2nd homes, we go off of the "Agency Definition" of a 2nd home which is "occupied for some portion of the year".

Unlike other state, it does not provide an amount that is the minimum offer.

Real estate offers a more likelihood to achieve wealth compared to anything else.

STR's require immaculate staging, marketing, and appeal to younger, high-earning audiences who will happily pay $300-500 / night for a "unique experience".

Note: We haven't made any decisions yet, they just seem like a quality option and wanted to figure this out before we got too far into deciding which applicant.

We consider looking for or offering products, properties, services, referrals, recommendations, or loans to be advertising according to our forum rules. 

This book offers a non-traditional approach to a mindset shift that is conducive to producing massive results.The Richest Man in Babylon also isn't real estate specific but reading this book multiple times on your climb up the financial ladder yields different perspectives.

Generally adding an ADU isn't worth it but the exception would be in high-density areas with housing crises'.