The other thing is rates generally are sold or offered in eighths as in .125 so having a 3.85 is unusual considering it would normally be 3.75 or3.875%. 

I paid $130K for a 900 square foot house in September 2020 that is worth $170K right now.

I get $1/foot in DFW

Hi I've been approved for a few private loans is it normal to have to pay upfront costs to attain the loan? 

Hi Dana,In addition to paint, maybe put a strip of black indoor outdoor carpet just in front of the door (and on the steps if they are not cement).That area is going to take most of the abuse of moving (scraping appliances and furniture) in and out, as well as most of the foot traffic.Cut 3 or 4 more sheets and toss them in the attic for future use.A hand full of staples is much cheaper and faster on turns than a full repaint.Also keep in mind that is a long narrow space and Lighter colors make things appear larger, darker colors--the opposite.Good Luck!

Hi AllI'm looking for the best path to take in regards to getting into rental properties in the Hagerstown, MD area (starting with a house hack).I'm still currently living at home with mom and dad while I'm finishing up my last year in college and working full time making ~50K and am able to save/invest most of it due to my only real expenses being a car payment and insurance.I have about $30k saved up between cash and a brokerage account and a pretty solid credit score of around 740 so I shouldn't have much trouble with loan rates.My main question is - would it be more beneficial to wait it out and buy properties with a conventional loan and 20% down to avoid mortgage insurance or would it be better to use an FHA loan just to get my foot in the door and start my rental property journey.Any and all advice/input is greatly appreciated.

What is the cap rate you normally want to buy at? 

I plan on bumping them, definitely not lowering them.Mine by default are automatically high so that I don't get blind sided with a low price for a 3 day weekend or special event.Once I review them I lower them to MY normal high levels.

I'm a new Landlord, and just want to put my best foot forward.

The rents were low and it didn't make sense for normal year-long leases.