I can buy down the interest rate.

It was massive, around 5,000 sq.ft. and I remember thinking “how are we going to afford this?”

If you ever are interested in a more affordable market I'd love to connect on what the Midwest has to offer!

Quote from @Melanie Baldridge: In 2025 the bonus depreciation rate is 40%.This means that if you bought a property for $1M in 2025, did a cost seg study and found $300K in eligible assets that you could depreciate, you could take 40% of that $300K as bonus depreciation to offset your income in the first year.40% of $300K = $120K.You then apply that $120K to the owner’s personal tax rate to find the final amount that they can defer in year 1.If your tax rate is 37%, you can defer $66.6K.This is a big deal even at the 40% bonus depreciation rate this year.It’s a massive benefit 

You might’ve rate-shopped a bit early, but it’s not a deal-breaker.

There's a post right above mine from a lender... there's always a lender offering $$$ even when people can't afford it. 

Cap rates:  Cap rates have been expanding, but sellers think they will tighten. 

Interesting I thought, that they have that high of a rating.

Common area with linked ensuites. tags: senior, elder, shared housing, tiny homes, student housing, small homes, affordable, 

High interest rates are deal killers IMHO.