29 January 2025 | 20 replies
However, i want to address placing a tenant.My market has a low vacancy rate.
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13 January 2025 | 8 replies
Just make sure you’re comfortable with the interest rate if going either route.
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15 January 2025 | 8 replies
Mortgage rates and PMLs are 8-12% plus points right now so the deal has to be a low enough entry.
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20 January 2025 | 57 replies
Yes that’s why I want to hold onto it is obviously because of the rate.
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16 January 2025 | 2 replies
They have had 100% occupancy at market rates and currently bring in around $2,000 per month in cash flow.
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13 January 2025 | 19 replies
You would end up saving the higher interest rate on the HELOC as well as closing costs.
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14 January 2025 | 1 reply
I already have 2 loans on the property with great interest rates that I'm not looking to replace.
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13 January 2025 | 11 replies
I don't do this for a living and have no real world experience, but at 40% down, even with a 7% int rate, that seems like a high monthly payment.
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13 January 2025 | 2 replies
What interest rate are you getting?
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18 January 2025 | 13 replies
They focus on finding deeply discounted deals and assigning contracts, which they feel doesn’t require a license in some states.6.