Hey Seth, If you have a good FICO, Loan Amount is above $250k, and property DSCRs at 1.25, You may achieve a rate at the high 7s at 70LTV on a 30 year fixed loan. 

@Brian KemplerWe use power of attorneys vs RONMuch easier.

Curious as to the hard money loan and if neighborhood of 5% above market rates?

Many more buyers typically enter the market at this time as well, and today's buyers are becoming more accustomed to this higher mortgage rate environment.

As @Chris Seveney said, this game has many facets....and appreciation is one of the most powerful.

I have 2 rental properties(a 2 family home that I bought 9 years ago that needs new roof eventually and a short term rental a few hours away up north that has a 5.2 rate and is very updated) I used a cash out refi in 2021 for the 2 family to take out 25k(and it lowered my payment, went to a 3.2 rate for 25 years for the 2 family) and then used that 25k to buy a 240k cabin up north to use as a short term rental and family vacation home.2023 was the first full year for the cabin and it brought in 25k, however expenses were 36k, so 11k in the negative.

The "Smart Money" got the lowest rate possible ( floating) and everybody's Grandma got a fixed rate. 

Is the property currently rented at under market rates? 

Discount rates and capitalization rates (cap rates) are two fundamental concepts in commercial real estate (CRE) analysis.

Is Euclid a better choice for cash flow rate then?