Aking Price : $2.3 millionProperty TypeMultifamilySubtypeApartment BuildingNet Rentable (sq ft)13,400Cap Rate6.11%Pro-Forma Cap Rate 6.70%NOI $140,615Units17Year Built192813 1Bed/1Bath And 4 2Bed/1Bath Unitsin New Jerseyappreciate you thoughtsthanks 

This way you do not have to refinance as soon to recoup your initial capital.I mention a 60/40 split because rates usually do not get any better if you put 50% down versus 40% so it might make sense to save a little.

Inventory is now very substantially above the extreme lows seen in recent years, when inventory fell below 1 month for a sustained period.Here are the full stats for Austin and the greater metro:A 30-year fixed rate mortgage is sitting around 7.1% interest, which is down a bit from last month, but still well above where we began 2024.

They can have a month to month now at a much higher rate or a lease that renews until whatever month you think makes sense for you with a significant lease break fee.

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I have a great commercial rate for my oil and propane which I can pass along to the tenants as they take over their new meters.

What is the permit cost and school fees?

I have equity in my property which is in Washington state, and I'm interested in finding an investor who would be interested in loaning me 20k to 30k in exchange for an agreed percentage rate when the house sells (within 10 years).

Cash out refinance is usually recommended if you are lowering the interest rate.

Looking to purchase my first home and was initially going to go the traditional fixed rate mortgage without buying down points with the assumption rates will go down in the next year or 2 and I will just refinance.