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6 February 2025 | 4 replies
This allows a few days for flexibility and cleaning.But it really depends on the remaining work.
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2 February 2025 | 8 replies
So, comps can help with figuring out local cap rates, then you need the income from the property to determine a value.
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14 January 2025 | 10 replies
But higher tax rate in PG county.
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5 February 2025 | 4 replies
That moratorium is supposed to be temporary.Mind you, while the US used to have (some of the) lowest interest rates in the world for the last 15 years, this is no longer the case and the US actually has some of the highest interest rates in the world nowadays and that doesn't look to change any time soon.
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3 February 2025 | 4 replies
However, with high rates, the next mortgage would be very expensive, and a vacancy would be intensely expensive with two mortgages.
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7 February 2025 | 22 replies
So, what is happening today is not as important as what will happen in the foreseeable future.If rents are increasing faster than inflation (I use 5% per year as an average rate), then it may be worth holding the property, since your cash flow will increase as rents rise.However, in your post you stated, "Mortgage rates have kept increasing as well, that's why I put a range on negative cash flow."
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15 January 2025 | 10 replies
Fort Collins did it since the 1960s and only recently created a law against it because of rent rates.
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16 January 2025 | 23 replies
Of course "hoping" rates will come down is not a sound strategy so finding a way to assume a loan that already took advantage of low rates is a great option.If you were starting over and targeted a large SFH, would you try to maintain the property in a way that would still attract regular homebuyers (not investors) if you needed to sell?
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10 January 2025 | 4 replies
It depends. all you talked about was the property but financing is more about the borrower, their experience, their credit, the cash available etc.
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29 January 2025 | 11 replies
I guess they are holding you ultimately responsible for pricelabs raising rates.