You could get a loan that's not hard money but a bridge loan which is a lot less than true hard money 

Heard about pine quite a while ago... sometimes it takes me a while to pull the trigger but finally am on this one.

Earlier this week I saw 5.8% on the commercial side from a local regional bank, and then yesterday we saw 5.6% on the conventional residential side. 

So time passes and they end up spending more down the road to fix the issues and investors never realize the true costs.

Beyond interest rates, points, and fees can really add up.Before committing to a loan, always calculate your true cost of funds — it can change your deal’s entire ROI.What’s your go-to checklist before finalizing your financing?

True.

Alright so a little bit of preface- my wife and I purchased a duplex in March of this year, moved into one of the units a month later and we've been renting out the other unit to inherited tenants (they are great btw).

Really hard to sift through all the bad "mentors" to find a true one. 

This usually works for commercial but Ive never heard of lenders lending based on STR income - if so I am highly intrigued!

@Elealeh Fulmaran this is super helpful.