Refinancing rehab that we're moving into, is conventional best?

[Eric Miller]

We're finishing a BRRR that we've decided to move into for two years. We're planning on using a conventional 30 year mortgage unless there is something better that I'm missing. We're looking at a just under 7% rate, no points, with one free rate reduction within the first year (cause rates are doing down, right?!?!)

Are there any better options? Thank you!