When you get higher, you are essentially bidding down the interest rate that you receive.I am not a tax lien specialist and recommend reaching out to some of those who are very active on BiggerPockets like a Ned Carey

Cash Plan to refinance when rates are more favorable How did you add value to the deal?

Northern New Mexico is the next front range of Colorado (unfortunately for locals, but fortunately for investors) this is a great appreciation market, but you will not find a Cash flowing rental unless you are willing to put in the work for an off market BRRRR.

Total cash to close (down payment + closing costs) is approximately: $20,300. 

If you looking for cash flow properties best to invest in Santo Domingo, Bavaro, Santiago, and Sosua.

If it is normal and it's out of budget for you, you can either use financing to lower your cash outlay, partner up, or find a different property.If the work is cosmetic, it wouldn't be a big issue to tackle on your own, but if it's more than that, probably best to play it safe and hire out.

North Broward Area (Undergoing Gentrification)Type: Triplex Units: Two /1-bedroom units Current Rent: $1,500 per unit, month-to-month leases Tenant Quality: Great tenants, familiar with the neighborhood, payments made regularly with sufficient funds Potential Rent Increase: Neighborhood improvements and upcoming developments suggest potential rental rates could rise to $1,800 - $2,200 within the next two years Upcoming Development: A new $2.2 million road is being constructed in the cityCurrent Market Value: $680,000Current Cash Flow: $1,500 per unit, 3 units totaling $4,500 per month Condition: Needs some work Price: $435 ,000This property is a prime investment opportunity in an area poised for significant growth and appreciation.What do you think?

Its tough to get cash flow right now unless you are buying in Midwest markets.

I have mentioned a few times on BP For all these folks trying to bust into the business but need to make money this is a great way to learn details and make cash without having to spend much if any money other than a computer scanner printer phone. 

Seems like if the vacancy ratios are low STR would be the only way to cash flow on that type of debt and $1500 for an HOA could be a mortgage on a duplex!