You will pay origination points twice but rates are expected to be lower by then as well so it could be worth it.

Now, after doing this several times my success rate is around 1 out 5.   

Possibly lower returns than projected because of statutorily mandated interest rates following court judgements. 

There was a lot of focus on this during COVID because the rates travel nurses were being paid made headlines, but the audience was broader then and broader still today.

My cold caller identified this lead and I wanted to see if I could come up with a creative finance solution in addition to an all cash offer in order to give the seller options.Location: Fresno, CABuilt 20104bd, 2 bth, 1600 sqftARV= $415kTheir current asking price for an all cash offer= $390k Their mortgage balance ~120k, interest rate is 4.51%Roof is original (14 yo), HVAC is new (replaced last year), no other updates or major repairs that he's stating.Situation:The husband states his family of 7 has outgrown their current home.

I have, but from my understanding, a securities-based loan would have a more competitive interest rate.

we eventually refied after only 9 months with a significant noi increase through fannie becoming cash on cash plus a sizeable non taxable event along with 5 years i/o at a very low rate which allows for a healthy cash flow

Any other surprises such as higher tax rates, preservation requirements, flood insurance, etc?

They don't ask for a down payment, but they usually have higher interest rates, shorter repayment times, and stricter rules compared to regular mortgages.

Section 8 comes with benefits like reliable government-backed income, potential tax advantages, and lower vacancy rates.