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17 February 2025 | 124 replies
The Fed has to keep the Fed rate low.
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14 February 2025 | 9 replies
It would be our second up down house hack, however, with interest rates in the high 6's, it would probably not cash flow after moving out.
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7 February 2025 | 12 replies
And you are looking at an interest rate around 7% instead of over 10%.
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12 February 2025 | 0 replies
Got a 5% rate calculated for 20 years with a balloon payment in 5 years (2026).
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12 February 2025 | 6 replies
This would imply AA has an effective tax rate of ~3.5% for an investment property
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15 February 2025 | 77 replies
You get a HELOC or a PLOC with a reasonable rate.
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12 February 2025 | 106 replies
Vacancy rate, insurances taxes, interest rate, repairs and maintenance.
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14 February 2025 | 22 replies
Cleveland, Ohio seems to be the place to be in terms of cap rates and distance from home.
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17 February 2025 | 2 replies
@Ellis Moyewe really don't know a lot about this situation since there aren't many details in your post... but i don't think this makes any sense for anyone involved here...if it's a flip that's not selling, refinancing may not solve your problem and allow you to pay back the HML in fulland typically a sub to buyer wants a low interest rate... and if you refinance now you won't be getting a low interest rate, you'll just be getting whatever the market offers.and finally.... the vast majority of loans are NOT assumable.
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10 February 2025 | 27 replies
When I originally put my savings into Marcus, it offered the best APY rate at 0.5%.