This doesn't sound right to me, but she tells us our options are to use a portfolio loan (4.25% ARM) or wait until we have owned the property for six months.

I'd give my left arm (not really) to have the renovation knowledge you have.

There's a reason why multiple branches are involved in any armed conflict.Also, since your properties are in multiple states, there's even less reason to look locally.

I have the ability to do a 15% 5/1 Arm loan (which I would plan to refinance out once I could get the noi raised and stabilized).

In Austin, assuming the hits just keep on coming, you may well find yourself earning double-digit appreciation the next few years and if you can raise rents, pay down your second or start cash flowing.

Then on my own, I am a digital marketing consultant, so I find it heart breaking in the past decade how new it is so many of us from lenders to brokers (BICs) do not fully understand the rich digital market world has to offer.

Kudos on putting your plan down on digital paper :) Brenden is giving awesome advice, I agree with everything he is saying.

There is a 20 year amortization option, but it is basically an ARM that adjusts every 5 years with a floor of 4.5% on the first adjustment, so the 15 year seems to make more sense at this point.

Additionally, it is also likely the niche will develop around only a few central currencies, with the main one being Bitcoin which is seen as the digital version of gold.

@Wale Lawal @Steve Morris and @Randall E Collins for the insight, I am certainly looking to arm myself with as much information, contracts, etc. and be fully informed before making calls and offering deals.