In March of 2016, she refinanced to a 20 year mortgage at 3.5% because it was going to be our new primary home and we felt at the time that it made sense to expedite our payments and lock in a lower interest rate.

There are some asset-based lenders that do not keep this rule, but they have lower LTV ratios and require a greater percent down.Hope this helps.

Lower prices yields higher occupancy and vice versa. 

Any way to get those costs lower?

You may be able to get a cash-out refi mortgage at the price of the next house at a lower interest rate.

Set the Windows DPI to Smaller 100% (96 DPI)NOTE: Reducing the DPI setting will make text in Windows smaller as the DPI is lowered.

Most have purchased investment properties even lower price during the trough which is not long ago.

You will be locked in at a much lower fixed rate and you'll knock out that debt using cheaper dollars over time as inflation erodes the value of our currency.

I know he just refinanced a property and most of what he deals with is lower cost like what you are describing.

interest rates would be higher but if you go with FHA loan you maybe able to get in at lower rate and lower down payment.