He said a realtor has advised him to sell it for $500k so he wants exactly that as well as $80k down at a 6% interest rate.

There may be other options at lower rates this year if it helps at all! 

If you buy Core right now you might a get a yield similar to the interest rate you would pay on a heloc.

It’s likely those high price points are going to remain that way and continue to appreciate better than other markets along with NH having one of the lowest vacancies rates in the entire country if not the lowest.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

., income - expenses).Individual foreign investors pay income tax at graduated rates up to almost 40%.

You can buy new outlets rated for aluminum wire .

Thanks for the response and I have just one more question for you, How much is the regular rate?

Generally when the market turns, the weaker aares will drop much faster and farther than the stronger areas.

Pierre Eade @Pierre Eade   Are you looking to pay off the HELOC just for a lower rate?