An often overlooked option...call the CC company and ask them for a reduced interest rate payment plan.

You can also ask for a 'Seller Credit" which helps cover closing costs or buy the rate down if you come in high enough on the purchase offer.

. - I realize that contest window was long closed, but I acquired this duplex last week and was shocked to find these rates during closing as opposed to listing which did not show that.

It was also financed as a secondary home (I was told that there is no difference in rate in the current environment between a second home or a rental).

As long as you stay at 4 units or below you'll even get very advantageous rates on your financing. 

Successful short-term rentals are about exactly the opposite: high demand, limited supply and being able to differentiate with a condo different from competition.You bought and I'll hope you do well and enjoy your condo too!

Hey All, With higher prices and current interest rates, investors are looking to different strategies to make deals work.

Have you looked into sale prices and rental rates?

One thing I do is pull up the rate and occupancy chart right off AirBnB and see what the bookings look like.

If the loan amount exceeds $1M, then rates are in the high 6's to mid 7's.