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16 June 2024 | 10 replies
Alongside Seller negotiation I think you have to keep in mind the financing for the deal and it's requirements as well as the interest rate.
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17 June 2024 | 2 replies
I had trouble finding a bank that would do two dwellings and ended up with a loan requiring 25% down and a few upfront points with 7.5-8% interest rate depending on lock in day.
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16 June 2024 | 27 replies
That may make sense when rates are at 2.5% but it doesn't make sense at 7%.
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17 June 2024 | 11 replies
Very low fees and probably equal or better rate - I have gotten 80K personal loans from SOFI.
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17 June 2024 | 5 replies
Due to high interest rate and almost $10k of property tax, we negative cash flow over $10k in 2023.
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17 June 2024 | 2 replies
Also if I pay capital gains would my tax rate be lower since by the time it sells I will have owned the lot for over a year?
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18 June 2024 | 13 replies
How are your conversion rates?
17 June 2024 | 8 replies
I feel like I only need to incorporate DSCRs, NPV, IRR and of course growth rates (both expense and rent).
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15 June 2024 | 5 replies
I have 3 properties in my personal name (to get best rates).
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17 June 2024 | 25 replies
ActualAs an example of the problem of Rentometer data, I looked up four recently rented properties on the MLS and compared the Rentometer prediction to the actual rental rate.