If ordinary income, in NC that will be a tax rate of about 43% between federal and state taxes.

That is a 0.1% success rate.

at least not right away.  7.1% is not at all a terrible rate and presumably it's a 30-year fixed rate.  

Hello Everyone, My Sister Just got married and with high interest rates, and high cost of homes in Utah, it’s going to be really hard for her and her family to afford buying a home.

It was 3% for 6 month introductory rate.

I'd recommend researching areas to see that they have:- Low unemployment- High demand for housing - relatively low inventory- local job creation/booming local economy- high avg/median income- increasing population- low average days-on-market (DOM)- history of rent and property value increases YOY- low crime- highly-rated schools (or above average)I'd compare the target neighborhood to surrounding neighborhoods and/or nearest metro areas. 

In a market where I would expect to see 8-10% cap rates, I’m seeing things go at 3-4%.

if you're looking to invest out of state, read these 3 threads first.https://www.biggerpockets.com/forums/48/topics/1159104-overl...https://www.biggerpockets.com/forums/12/topics/1171104-the-m...https://www.biggerpockets.com/forums/48/topics/1193623-rent-...with interest rates where they are, you just aren't going to 'cash flow' meaningfully on your first, or first few properties, for your first few years, if they are 'traditional' LTRs. with that said, if you're serious about picking an OOS market, i'd recommend going to your chosen market in person, probably multiple times, to set up your team.

From what HM told me, in addition to the points that his company charges (Each point is 1% of the loan amount), and the interest rates that you deal with when going hard money, the length of the loans are 6 months and 12 months, there is no multi-year loan.

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