I'd be curious to hear what others have seen for rates on a deal like this.

We got his friend discount of a final bill of $131,000 and he wants to get paid immediately.

prices and rates are high and there is lots of competition for deals, both on and off market. 

@Srinivas Reddy  Yes if you can, as you might get a multi policy discount. 

Can you get a discount or add value?  

As for paying it down vs waiting-if you have enough to get a mortgage now and the down payment and the interest rates on the debt are low; then find a rental and buy it.  

I would stay away from long term contracts and pay by the month to start if you are using a service and then after you have real world experience with it, you can sign on for a year for the discount.

Probably worth about 260k)Down payment: $100,000Interest rate: 6.75% (option to raise rate in 3 years but not down)Loan Term: 30 yearsBuyers monthly payments: $1,394.49When I crunch this into Chat GPT is says I am getting a 271.87% ROI.

That said we maintain a 4.8-star rating which we're very proud of.

DC is one of the lowest cap rates in the country.If you have a long time horizon, and have patience, with the areas strong rent growth you can end up with more cash flow here than a high cap rate market.