If you can't absorb that, then do not risk what you are putting in.

And then absorb as much education as you can.Good luck!

I am trying to absorb as much as I can before the move in the next few months. 

My goal is to absorb all the wisdom I can from this community, share my journey, and hopefully make some great connections along the way. 

The only cost the deal needs to absorb that's relevant is the interest, and even that is really just the delta between the actual interest paid and the tax savings on that interest on your federal return. 

The higher those numbers are, the more likely an asset is to get absorbed and disperse favorable returns. 

takes me out of contention with a lot of properties.Are most owners absorbing part of the cleaner's cost to remain competitive during down-rate periods?

.- thanks   1) on the  1st mtg  refinance proposal at 4.1%  -  sounds like they are  offering you the  higher note  rate  so they can  absorb  some of the closing costs .....make sure you get a loan estimate and  review the details about them picking up all costs  ( titel / escrow / recording /  credit  etc ...)    2)  also  check the  index / margin and  caps   on the new  loan  offer   and  compare these to the  present loan  details  ...if you  keep this loan past the   rate/ payment  adjustment  period - you want to make sure  you  are aware of  how the ARM  can  change   3) the offer  to  do  " free  "  refinances in the  future  is  no  big deal  beacuse  any lender  can offer this  via  a higher rate  to  absorb  all costs 

Looks like that will get absorbed though and starting in 2025 there will be a big lag in construction and deliveries, so hopefully that will help us on rents.For the standard deal now in DFW, break even or a little cash flow probably requires 30-40% down.  

In the interim you are going to be stuck with a home in a stagnant neighborhood that will struggle to absorb operating expenses.