All Forum Posts by: Stephen Rinaldi

The data for inflation continues to improve.. a big data point is coming May 10th.  its looking really optimistice that rates will drop into the high 4's to low 5's (currently 5.875 no points)

Infaltion Data keeps getting better.. Rates are looking to move into high 4's low 5's by Spring

Investment Info:

Townhouse buy & hold investment.

Purchase price: $94,000
Cash invested: $40,000

Bought this house on whim and now is cash producing on a 15yr fixed

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

Love that area and it was close to train Station

How did you find this deal and how did you negotiate it?

At settlement table, the seller mentioned it

How did you finance this deal?

Standard investment full doc

How did you add value to the deal?

Speed and seller wanted the tenant well taken care of

What was the outcome?

A WIN

Lessons learned? Challenges?

When you see an opportunity, do NOT hesitate