We are taking a cash out loan on my primary residence since the rate is over 1.25% lower.

@Joseph Mulero congratulations on your first house-hack, and the excellent accumulation rate! 

Haven't purchased anything recently due to inflated prices/ high interest rates.

Portfolio loans tend to have increased fees and interest rates along with a partial release clause that could potentially restrict you from selling one of the properties included in the package. 

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.

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.

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.

Once you answer a few questions about what you're looking for, you'll see your matches and then you can compare everything from their experience, licenses, ratings, reviews, etc.

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.