If due on the 1st, do you pro-rate the tenant's portion of the rent for the remainder of the month when the lease starts and also prorate their portion for the days in the last month up until the lease expires?

There is a high percentage chance that those closing costs are actually going to buy down their interest rate.

Alternatively, should I wait for better rates before making any moves?

By the time they finish building it anyways the property values will have likely doubled at the rate we are going down here... and a new vacation home is never a bad thing lol

You woul get signiture loans from banks for half the rate from that credit card.

@Dan Heuschele I was referring to long term mortgage rates NOT FED funds rate.

We love having new people and we were all new at one time ourselves anyway.Bigger Pockets advertises that they have 4,000 NEW accounts . . . per WEEK.

I have a very good interest rate and will most likely take out a HELOC out to finance a rehab rental.

Now receiving an infinite return rate.

We will certainly get things wrong sometimes, like every real estate investor I know, but have a very high conversion rate.