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18 May 2024 | 10 replies
If you buy the expensive kitchen cabinets , and the contractor accidently drops a $900 section .
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17 May 2024 | 20 replies
Here is a historical chart comparing the two:The reality is that a drop in interest rates virtually never make prices go down, they are inversely related.
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19 May 2024 | 21 replies
We have some contact here in Canada who have closed on 100+ unit multifamily deals in the Texas region.We are focused on 75-200 units, class B+, with 7% go-in cap rate.
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20 May 2024 | 6 replies
A year in I completed a refi on 470k of the original loan.....between high balances and lots of inquires the best rate I could get was 8.75
19 May 2024 | 8 replies
Interest rates range from 4.12% to 6.5%.
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19 May 2024 | 24 replies
I figure it could be a decent time to buy soon while it seems to be somewhat of a buyers market given high rates as I could be cash buyer.
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19 May 2024 | 4 replies
I will assume the same rate of return for reinvested money.
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19 May 2024 | 6 replies
So, with that your buyer will likely have to go with a different route than a conventional loan which will likely require a higher down payment and have a higher interest rate.
17 May 2024 | 13 replies
You can use the cap rates to compare if buying multiple 10 unit properties or two 30 unit properties.
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19 May 2024 | 20 replies
HMLs would be able to fund the entire deal and give you money for the rehab; however, this would come at a higher interest rate (5%-12%).