Only make offers with seller credits that can buy down the rate to a place that makes financial sense. 3.

Now is probably a good time to gear up for future deals when interest rates or prices or both drop, but good deals are few and far between right now.

Thanks If this is an investment property you can get a DSCR loan on a 30 year fixed rate (no balloon).

And only 1 of them is of a known brand (American Standard) and it's close to $700 and has a 1.28 GPF rate, which I don't like - prefer 1.6.  

Florida insurance rates are through the roof so that that into account.You might want to consider the Myrtle Beach area which is very popular for tourists.

There has been a lot of press around assumable mortgages recently given how high rates are. 

Let's not belabor the point, but Worcester's commercial tax rate is directly shaping what gets built in the city.Sure, you can spot all the shiny new residential developments in Worcester, but where are the hotels?

This means that many hospitality properties need to refinance their debt at significantly higher rates in an environment where local and regional lenders have been pulling back.In this podcast with CEO Greg Friedman of Peachtree Group, a private debt and hospitality private equity firm, he states that many hotel projects got shelved during the pandemic and that is bringing on an undersupply situation for hotel properties. 

Alternatively recognize the challenges of being cash neutral at high LTV, the benefits of no longer paying a LL rent, that rates may lower such that you can refi, that over long term there will be appreciation and rent growth so it will at some point have positive cash flow, etc and lower your initial goal of cash neutral. 

With interest rates so low we have refinanced into several 15 year mortgages with the goal of quickly paying down/off a few properties.