Just for simple math use average 20% personal tax rate.  

Most simply, let's assume you do a cash out refi for $336K and the interest rate is 7.00%.

Did we see interest rates increase at a rate we've never seen in the last 40+ years?

Currently, I do have my property listed at a very competitive rate as I believe.

Right now, Dec 2024, on an investment property 4 unit there are some DSCR lenders with rates better than Fannie/Freddie. 

Here’s some perspective:1% Rule: Meeting the 1% rule is a good sign, especially with many markets struggling to hit this benchmark.Cash-on-Cash (COC) Return: 8.73% is decent, especially with today’s higher interest rates.

.#2 Keep an eye on interest rates based on what the loan officers proposes. 

That can be used to buy the interest rate down to make the home more affordable.

I have funds tied up in other projects at the moment but my inbox is FULL of solid deals.We are familiar with some companies that do this.Som will only do first position loans so in many instances you need to refinance out through them and it can get expensive if you ahve a low interest rate.

That is luck.Now, for every 5000 mailers you send (let's say) you get a deal.That is a 99.98% failure rate.