North Broward Area (Undergoing Gentrification)Type: Triplex Units: Two /1-bedroom units Current Rent: $1,500 per unit, month-to-month leases Tenant Quality: Great tenants, familiar with the neighborhood, payments made regularly with sufficient funds Potential Rent Increase: Neighborhood improvements and upcoming developments suggest potential rental rates could rise to $1,800 - $2,200 within the next two years Upcoming Development: A new $2.2 million road is being constructed in the cityCurrent Market Value: $680,000Current Cash Flow: $1,500 per unit, 3 units totaling $4,500 per month Condition: Needs some work Price: $435 ,000This property is a prime investment opportunity in an area poised for significant growth and appreciation.What do you think?

It isn't super cheap but not high end either.

With DSCR loans the base rate works off of credit score and LTV, think of an x and y axis.

Once the project is complete, you determine market rate and buy out their share.Let's say it cost $60,000 to build the house and it is appraised for $120,000 after you are done (not including the land, which you already own).

That's with 20% down and a 7.5% interest rate.

Take into account elements like the down payment, closing fees, ongoing monthly expenses, and prospective rental revenue.Market Research: Find communities with high rental demand, low vacancy rates, and potential for appreciation by doing in-depth market research around the Portland metro region.

Our current interest rate is 4.32% with a 15 year note.

/I specialise in manufactured homes for investments, allow investor to find cheap property and bring a home in to either mark up to resale or become an income producing property thru short or longterm rentals.

Can I create an LLC and transfer the house to the LLC without changing my current mortgage rate?

What was the actual interest rate charged?