A "deal" could be considered anything that performs better than average, so 0.85% could be the metric moreso to shoot for.But then again, this is going to be your primary residence, so you and your husband so discuss what's more important to you, the ROI or the quality of life/neighborhood/property.

I'll shoot you an email here in the next couple weeks.

What kind of deal are you shooting for?

Shooting you a DM though.

If rates start shooting up, you can lock where you were going to be anyway.

While my original question pertained to interest rates (which in hindsight I probably could have googled to find the answer instead of shooting it off on BP), I’m interested in hearing your opinion about what type of borrower would best benefit from a 203k loan.

This should shoot me down the right trajectory.

You expense percentages seem to be in the right ballpark, and while I would like to see a higher cash flow (I try to shoot for $150 per unit/month), you are certainly there in terms of Cash on Cash Return.

I'd just get it done, whatever was required Shoot, it probably would have been done already before I bought it.

It's kind of a crap shoot.