Hi David, well since you did not escrow taxes or insurance and if you're coupon rate is over 5% you're probably not in compliance with with cfpb.

School ratings, Crime, Class of neighborhoods, average annual income, percentage of rentals, types of rental properties (SFR, Duplex, Triplex, 4plex, Apartments), rental rates for each type (1 BR, 2 BR, 3 BR ...)

What is a competitive interest rate for a SFH?

Lately, I've been seeing a problem with businesses/service providers who are just really dropping the ball.

They are adjustable rates and balloon after 10 years.

I believe that you can put a fourplex that you will live in into an FHA loan, which will keep your interest rate quite low and your downpayment low too.

I'd also be renting to him at market rate and cash-flowing (until he decides to buy), and I'm going to collect an option fee from him.

These guys will cash you out after 6 months seasoning as well, meaning if you get a solid discount you could get all your money back, and possibly more.Private Lender- If you have a private lender that you could offer a long term loan, maybe 2 years or so, you will probably have to pay them a higher interest rate, but it's better then not picking up rentals for another 2 years.Lastly, bring on an partner who has solid income history.  

I've been trying to research raw land loans and from the (granted few) banks I've spoken to, they will not loan on raw land-they recommend getting a personal loan out at a ridiculous rate 10-15% interest (they didn't run my credit, it was just an estimate for a personal loan, but I have very good credit-around 760 I believe), to cover the land and then refinance to a construction loan once there is a well and septic as I understand...So was wondering what other options I had as far as financing and what others have used?  

As we know vacancy rate is directly linked to the price (unless the property has a problem or is in the middle of nowhere).