I would never advise my customer to take a 5 YPPP considering we are have been moving into a downward trending rate market since 2024. 3 Year Prepay Max but if you plan on doing renovations or taking cash out on the ARV then a 1-2 YPPP would be Max.I would also advise buying the rate down before you decide to take a 5 YPPP using seller credit, equity or closing funds.

They could be your insight into off market deals.

Quote from @Jerome Brown: Looking for some wisdom and to network with anyone buying in Ohio market (Columbus, Dayton, cincinnati).

, and I look at houses that are $300,000 or so at a 7.25% rate, then I'd find my numbers would be significantly short of my revenue goals.

The residential lease market in Washington, DC, from January 2024 to January 2025 has experienced some changes:Units Listed: The number of units listed decreased by 78, a 15.92% decrease, from 490 to 412.Listed Median Price: The listed median price increased by $175, a 6.19% increase, from $2,825 to $3,000.Units Leased: The number of units leased decreased by 58, a 19.86% decrease, from 292 to 234.Sold Median Price: The sold median price increased by $100, a 3.51% increase, from $2,850 to $2,950.Summary: A decrease in units listed and leased indicates a reduction in supply and demand year over year.

It's not RTR's fault the property can't absorb proper cap ex, that's a product of the market.

Return:Finishing the basement and adding bedrooms can add significant value, especially if your local market places a premium on additional living space.

Are you getting the property at market rate or below market rate?

@Bianca MezaIt’s great that you’re already house hacking and renting to travel nurses!

Quote from @Andrew McArthur: Hi all, I'm from Toronto and been doing research into South Carolina's Multifamily market, specifically Greenville, Charleston, Columbia.