If you buy a house in 2024 on a 30 year note, you've essentially locked your "rent" payment in for 30 years.

If you sign right away, though, there's a great chance you won't back out afterward.On the upside, it sounds like you did exactly what the salesman was "testing" your ability to do - you made a snap decision, while somebody was in your ear trying to push you the other way 🙂

Does your initial LE show that loan was locked?

No penalties and no UFTI.Settling for earning 16% annual cash ROI is leaving money on the table.It’s fairly easy to lock in guaranteed rates of 20%+ using leverage by leasing commercial property( includingSTVRs) back to a business property management company.

Personally, I require Schalge Encode locks and have a google sheet checklist of amenities/items that need accomplished before a launch.

Yale is great for student housing, traveling clinicians, and other cash flow ideas- not the fastest appreciation in the world, but getting better and the Yale impact as a behemoth "institution" isn't going anywhere :)  Hey Brooke - I'd love to learn more about your acquisition strategy and tips for locking down a successful creative deal.

Locking this piece of property down might pencil depending your long term plans.

The best deals are situational off-market ones,  so get the word out you are looking and keep your ear towards finding one.  

You want locking systems that keep water out of the cracks and a core that holds up well to water.

They are hard to find and get locked up these days.