I have been working in this neighborhood for a while fixing up the historic homes and noticed another one of the houses needing work.

DSCR for example which is a great investor loan had rates this week in the low sevens and high sixes.

It’s next door to her mother’s house.

Maintaining good credit for favorable terms, larger down payments for better rates, managing debt-to-income ratio, comparing interest rates and loan types, projecting cash flow, understanding property preferences, exploring loan programs, maintaining financial reserves, planning an exit strategy, and seeking professional guidance.

We put both houses in the MLS and have had to reduce the price by more than 14% and still no offers. 

1 - yes2 - I don't think that the drain from your house to the main sewer falls under the "Municipal Sewer" category that @Joshua Thompson mentioned, but I would have to check before giving a verdict.

They are counting on lower rates, higher rents and lower cap rates and a ten year hold, all to give me a very low 5-15% total return over a ten year hold!.

I am trying to refi my property so I could purchase another one so I was wondering if any is having the same problem with low value.

My question is when the three years are up is there a way for me to “refinance the house into my name based of off the equity instead of having to qualify based on my income and pay the owner off”.

Joshua,My wife and I have 3 STR's.  1 in Missouri and 2 in Florida(1 is a condo and one is a house).