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Updated over 4 years ago,
Current investment interest rate
Hello fellow BPer!
Hope y’all keeping well during this interesting times.
Been looking for properties in Texas with my business partner, another BP member, and we are struggling with our cashflow due to the high interest rates.
Would love some insight and guidance!
Situation and our plan:
- am Canadian so been very difficult to get funding as a Canadian, so properties will be funded under my partner's personal name and then transfer to our LLC
- we will be BRRRR SFH and most properties do not cashflow well at 5.25-5.50% investor rate
Would love to know what your investor rates are and if we could do better, and how to do better with our rates.
Really want to get into the market soon.
Thanks everyone in advance.
Sincerely,
Alice in Montréal