I also have a 3.5 interest rate.

The remaining capital gains are taxed at your normal capital gains rate. 

Shopping around for the best interest rate and a rep that will actually give me a call back.

Hello BP community.I currently make 125 k a year and I own 1 property that is performing well as an STR.I dont have the upfront cash to purchase another for a down payment but my parents are interested in financing my down payment with a 5% interest rate. 

Its my first time seeing this particular product.based off of the low entry cost, Id be curious of the interest rate, have a feeling it would be hi, but you could get in.If you have no capital, how are you going to make the interest payments.

I looked into San Bernardino but people saying it has higher crime rate.

Nightly rates are decent at around $170 a night and occupancy for summer is good.

Purchase price: $1,500,000 Cash invested: $13,000,000 this project is currently under construction it is a 90 unit ground up build of market rate apartments with a student housing element What made you interested in investing in this type of deal?

How about vacancy rates?

If you want to flip or do more short term projects, then a HELOC may be a good idea if you can find a lender for that and you can keep your likely low rate.