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Updated over 1 year ago on . Most recent reply

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5
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Jessica Ewanic
5
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5
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Are Interest Rates Make or Break?

Jessica Ewanic
Posted

Is there a way to get around high interest rates when looking at purchasing multi-family homes? 

Most Popular Reply

User Stats

235
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85
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Dominic Pizzi
  • Lender
  • Freehold, NJ
85
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235
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Dominic Pizzi
  • Lender
  • Freehold, NJ
Replied

If you find a good cash flowing multifamily, the interest rates won't matter. 

Ways to combat it: purchase all in cash, or leverage your cash at about 8.00% and refinance in 3-5 years time. Finding a property that will cash flow about 400-500$ a month should be the goal!

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