However, the other friend (who is a loan broker) said it's better to do a note, so that I can refinance as a rate change in 2 months.

This price hike suggests a competitive market, with supply increasing relative to demand by a notable 21.4 percent, resulting in a 1.7 months' supply of homes for sale.This recent development in the Charlotte real estate scene is likely influenced by a combination of factors, including a dip in mortgage rates in December and a nationwide increase in housing supply.

Cash flow is difficult to come by even in Class C areas with higher interest rates.

I do understand the points and interest rate will be higher with a HML but it is more important to get my first deal done and learn from that then to need the biggest return I can get.

The current mortgage rate on my duplex is 3.5%.So I just don't really know what to do.

Want To Get Our Best Rates And Terms?

All this seems straightforward, with the understanding that this money will incur higher interest rates and will need to be paid off as soon as possible.

Now rates are 6-7.

Hi all,The highest interest rate we have on money we are borrowing is one of our investment homes.

I appreciate the tax rate advice!