I would recommend looking at a loan with a short prepayment penalty if looking to get cash out, that way you can refinance again if rates drop again in the near future. 

Our New Equity Based Offering!"

This was posted and up for 60+ days and saw the price dropping and learned the seller was motivated.

@Elias Halvorson the poster actually lives in another country.The pinned Cleveland, OH reference is just what they entered based upon this post:)

-Interest Rate: I think they have dropped a bit in the 4.5 - 6.5% but as a foreigner buyer I wouldn't be surprised if a 1 - 1.5% is added to that number on your contract.- Which bank to go to? 

I'm scared of how much my insurance will go up after the LA fires but there is a cap with CA regulations and also being dropped. 

Please drop any recommendations below!

Have invested in ABQ with first purchase in 2020 - and that was based on my knowledge as a film/TV friendly area and affordability.

We are definitely likely going to see a drop in interest rates, which means you could always refinance in the future too to further reduce your monthly payments. 

Drop a comment below and share your experience with self-managing or working with a property manager!