I see fixed rate HELOCS but seem to max out at 20 years?

I have identified an ideal location, and the agent has informed me that the rent is $45 per square foot NNN, plus an additional $5 per square foot.Upon calculating the total annual cost, it appears that I would be responsible for over $80,000 per year.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

It definitely depends on a lot of factors - where non-QM is generally going to be about 0.5%-1% higher in rate, but can be more than that or even lower than conventional with some more options - one in particular is if you did a longer prepayment penalty period (5 years - at a descending penalty structure or even 5% all five years), then that could drive the rate down even significantly lower than the conventional alternative.

Nets around 25k a year...2.

My Father has been renting us a house in OBX every summer since I was a kid and were both pretty affluent now and I'm floating the idea of us going in together on an Oceanfront somewhere in OBX that we can use a few weeks a year and have it pay for itself via rentals the rest of the year. 

Hello everyone,My husband (veteran) and I bought a house last year with a VA loan (0% down), and we lived in it for more than a year.

My goal is get the place tenant-ready by the end of the year.

If you can pull out an extra $20K a year I would go that route with the STR and you can use other VRBO's/AIRBNB receivables to find out local annual ROI/NOI.

I've been working with a buyer's agent for many years with several transactions, mostly not investment related.