Must withdraw the full amount, fixed rate for the balance of your loan, must pay origination fee, choose short term of 5 yrs to lock in best rate.

These regions are where I typically suggest looking if investors main goals are maximizing Cash flow/Cap rate/ COC return

If you are looking for ways to track/calculate principal and interest payments, you can use loan amortization excel template, plug in the principal amount, loan date, interest rate, and the number of years to pay and it will show you the monthly breakdown/details you need to track the loan.

I’m thinking about luxury condos for short term rentals since I’d occasionally want to have a place I can use for myself.With mortgage rates so high and HOA fees for many of these buildings at around $1k a month, it seems like investing in a condo in Miami is more of a game of price speculation.

Typically, we aim for about 60% in profit at the sale in year 5.In five years’ time, the units have been updated, tenants are strong, and rent accurately reflects market rates.

They run a tight ship on screening and have a almost non-existent eviction rate.

I am not familiar with the rates for GC services so wondering what advice any of you could give. 

As much as I would like to stay around my hometown, houses here are not cheap.

We are fully booked for high season (Dec-March) through 2026.I know this is not the typical investment, so totally appreciate any advice anyone may offer. private money will most likely be at a rate of 50% greater tahn the primary.

Interest rates will be 7.5 - 9%~HELOCs on an investment property typically come at a higher interest rate (13-15%~).