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.

Your total project cost is only ~ $143k. 3c) Your interest rate is probably going to be in the low to mid 7s, at least4) All states/areas are different, but I usually see with my CFO clients that their property taxes are higher than their insurance, with taxes often 1.5x higher than insurance.5) Lastly, I saw PM fee of 8%, are you paying someone else to manage this?

A conventional mortgage with 20% down at 4.5% rate.

While these loans make it easier to buy a property, they come with challenges:- **PMI Can Be Costly:** With less than 20% down, you’ll likely pay $150-$300/month in private mortgage insurance.- **Interest Rates Can Affect Refinancing Plans:** If rates increase, refinancing to remove PMI or lower payments may not be an option.- **Scaling Can Be Tricky:** FHA loans are typically for primary residences, meaning you’ll need to strategize if you plan to purchase additional properties.Thinking through financing options and backup plans before you buy is essential.### 5.

Right now, you have a property with a great equity position, solid cash flow, and cheap debt (interest rate is low). 

LTV can reach 70~80% even the cap rate is only 4.0%.

To analyze deals effectively, focus on key metrics like cash-on-cash return, cap rate, rental yield, and expense ratios.

The going rate varies by market, but some agents will do it for free in exchange for any unrepresented buyer leads, while others may charge $50-$100 depending on the demand in your area.Wishing you and your wife all the best—exciting times ahead!

@Andrew Self I would like to think that my company is the best and offers the lowest rates and closing costs, but perhaps I am bias.

Industrial vacancy rates for your size building are ridiculously low.