Long term rental What made you interested in investing in this type of deal?

It is a plus that you bought all in cash and didn't accumulate any interest.

As a buyer, I like 20% down and to pay 6% interest only for at least 5 years. 

The Housing Wire article chart shows how FHA and VA loan delinquencies are approaching really high historical levels, close to that of the housing crash.We are still at historic lows for conventional loans.

Quote from @Mitch Seiffert: I have a single-family house in Minneapolis that I've been approached by a couple of parties interested in using it as a group home.

What made you interested in investing in this type of deal?

This is an Interest only loan product that typically lends at 65% ARV. 

Using a Whole Life Insurance (WLI) loan avoids banks but accrues interest, potentially reducing policy benefits—compare this with other financing options like HELOC or seller financing.

What made you interested in investing in this type of deal?

Second, I expressed concern over the appraisal rental analysis not being high enough and was told, "We are at a 1.22% DSCR ratio so we are good.”That was on Dec. 5.