While less than 10% of the mortgage industry offers 40-year mortgages, here's something to factor in: they often come in with a rate increase of 20-35 bps.Assume 35 bps.$300k mortgage at 7.25% (30-year): $2,046$300k mortgage at 7.6% (40-year): $1,996Technically, it lowers the monthly, but not by much once factoring in the rate adjustment.

Quote from @Joseph Soto: I’ve learned a ton from Pace Morby, and honestly, he’s changed my life in more ways than I can count.

If he must attempt to get the low interest rates of 2021 on this deal, I suggest that he instead look for assumable loans.

I think about this often, its really just running the numbers - if you borrow 100k at an 8% interest rate, will the investment get you more than an 8% return?

But SFH are already seeing renewals at 2%-4% and release rates up at least 5% YoY...that number is even higher on some luxury ($3k+/m rent) homes as those are harder to find.The rest is entirely speculative.

A fair rate for solid management typically falls between 20-25%.Superhost or High Review Ratings Matter – Ask if the properties they manage consistently earn Superhost status or maintain high guest ratings.Communication & Accountability – A good property manager should be responsive and proactive.

The only issue is the interest rate is 7.125%.

They have changed their name in last 1-2 yrs hence you are not able to find anything.

I just got something small and well within my means - refinanced when rates got low and now it's a decent little cash flowing rental 

@Arlinda RexhoWhen considering a 32-64 unit multifamily property in Texas, focus on strong locations with population growth, proximity to amenities, and low crime rates.