Pro and Con: The leases are only 1 year, so adjusting rates, while ultimately market driven, have a better ability to keep up with inflation during high inflation times.  

For example I have a customer in Zurich who needs a mattress and adjustable base that only exists in the USA and they don't want to pay retail pricing.I wish I knew how to do deals like this well with RE and had all the contacts.

However, with the rise in interest rates, I am fairly certain that a threshold ratio of 1 will not be met. 

I just got a pre approval today for a 125K DSCR loan 30yr fix no ballon. rate is 9.25 excellent credit 25% down with some room to buy down the rate. hope this helps.

We do our daily rate and then give about 20 to 30% discount for renting a month at a time.

And when you do a cash out refinance right before a sale (conventional wisdom says within 12 months or so) you are taking part of the profit out.The answer is to adjust your model just a little bit. 

On the other hand, I am locked in at a 3% interest rate on a home that will likely continue to appreciate well.

Hi Rob,If you believe the HELOC will be sufficient for the purchase & rehab, it could make sense to use the HELOC given the interest rate is lower than a hard money. 

Researching similar rentals and noting renovations in your listing can attract potential tenants, with room for adjustments based on demand.

Other restrictions are:Interest rate fixed for first 5 years and no negative amortization.