If it is what the seller is paying, it’s an indication of what you might be able to get, but I would not assume it’s what you’ll end up paying.A few things to check when doing due diligence on the insurance.....Cutting back the insurance coverage prior to the sale is a strategy to give assets a higher return.The seller may be able to insure the building for what they paid for it 10 years ago, say $100,000, and now you need to insure $200,000 to satisfy the bank loan.  

you can search by score and see what banks, merchants approve in that range, and what bureau they pull from typically. 

Which banks who you recommend working with for loans and why? 

The 10% to my investor is guaranteed and after the refi, I would be paying 5.75% to the bank. 

Companies like Amazon explain why.Yes affordable housing is in very short supply.

Some banks are more friendly toward short-term rentals.

So I did this - and there is no legal minimum, but banks may have a minimum in the contract for the loan.

A lot of local families (about 3,000) are looking for housing in Curacao (Caribbean island) and banks are happy to provide mortgages right now, but there is no one building any middle class family houses.

Or should I get started with a large bank initially?

The math gets pretty complicated to explain in paragraph form when I start talking about saved rent or saved vs a mortgage on another home, so I went simple here to assess if the base unit is a good plan if I should decide to move out before the 30 years are up.