I am very happy with the performance of my portfolio - all my properties are between a 10-13% cap rate.

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

@Carlos Richardson , consolidating credit card debt to a lower interest rate loan almost always makes sense.

If fed ex driver dropped it off near front door, no one would be stealing the package.  

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

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

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. 

Sometimes they are dropped.