Hi Alex,As for conventional cash out refinance, assuming you will use full documented programs, your rates and terms will be largely dependent on your credit, income, DTI and equity.

He said it is "nearly impossible" to get a good interest rate by purchasing through an LLC and that it will take an "arm and a leg" to get the deal closed.

Or you could find a group with a 30 year fixed (or Adjustable Rate) with reduced or removed Prepayment Penalty, but they will usually charge extra points or a higher rate to do it.Not 100% sure on the strategy behind it, but would be happy to connect and talk through either.Good luck!

With interest rates going up from the lowest in 30-year history of 3% to 7%, many people sentimentally feel that this is not a good time to buy a home and are postponing home buying decisions until after interest rates drop down.Let me explain why this is a wrong way to think about buying a house and why now is a great time to enter the real estate market.Reason #1 is that interest rates in your lifetime will never going to be as low as they were during pandemic.

Now in 2021 I got 225 a night with a $150 cleaning fee and was 98% occupied may-aug and never adjusted prices due to not knowing about demand as well as pricing tools.Last summer I didn't see as great of prices just because of how crazy 2021 was but was still full.

With current rates my mortgage would be about 4600$ and doing basic math i would have to pay about 1300$ to live in one unit.

I am looking for the best options to get a long term rate around 7%. 

I have roughly 50-70% equity in each property, each property has a 30/yr mortgage with interest rates that are pretty low (3-4%).

I have heard there are smaller lending groups where you can purchase a note of the loan for a private investor with fairly good return rates.

IMO this makes Texas the preferred choice for series LLC, although the (over rated) non publishing of organizational information in Wyoming and Nevada will have others disagree.