There will be punishing late fees and probably a default interest rate.

Can't imagine what the current rate is for that but it's a great way to pull out probably a lot of equity.

When I took the GC test, the pass rate was only 12%...it was technically easier to pass the Bar!

Comparatively, trailing 12-month sales volume peaked in the second quarter of 2022 at $140 billion, but has since fallen close to 60% from the recent highs.This slowdown highlights the lingering impacts of rising interest rates and the commensurate uncertainty around asset pricing as rent growth has begun to decelerate.However, private capital remains at the forefront of buying activity, fueled by a steady tide of fresh entrants to the sector and existing operators' efforts to beef up their portfolios.

The space is most appropriate for a couple with 1-3 children, 3 single adults, or even a couple with a grandparent or nanny and a kid or 2.From what I'm reading, the law protects families with kids from discrimination, but can I get in trouble for doing the reverse and allowing (and potentially advertising) a higher occupancy rate if people have babies and children than if all occupants are adults? 

The going rate in the Austin metro is 1 month's rent as a fee.

Can you please let me know how commercial property mortgages differ for a residential property mortgages and if there would be a substantial difference in rates?

Does interest rate play a role?

Crunch the numbers - Carefully calculate potential cash flow, ROI, and cap rate.

Interest rates on HELOCs are typically more than a mortgage, but if you think about the blended interest rate, you are likely paying less for HELOC + old mortgage than you would for a new mortgage.