$3,200 is probably a decent rate unless it’s new construction.

When evaluating markets for rental properties, there are a lot of factors to consider: population growth, employment rates, rent to price ratio/GRM/Cap Rate, rent trends, vacancy rates, etc. 

If so what are the interest rates on those debts?

So I have my house that refinanced in 2020 for a 15yr 2.5% rate and we have about 56k equity.

Owner-occupied commercial properties generally get better interest rates and terms when compared to pure investment properties. 

.- Low Interest Rates: Competitive interest rates make property ownership accessible, especially for those with stable income like service members.- Military Presence: With U.S. military bases across Germany, local banks are accustomed to assisting service members with financing.How to Qualify1.

There’s a lot of construction, which could hurt both prices and vacancy rates.

Our cash on cash return is essentially infinite as we make money on the delta between the yield of the discounted note that we purchase and the interest rate we pay to our passive private capital partners. 

@Ed Lopez our thoughts:1) $65 is average hourly rate for handyman in Metro Detroit.

You should be able to get up to 80% LTV on a rate term refinance.