Today they told me 25%, but it used to be 20%.The mortgage rate for this mortgage is residential, between 2.5 to 3.7%I will be probably looking at 6 Plex in rough shape with higher cap rate since I like to renovate instead of paying for others renovations.thanks for the tip about cambridge, I actually saw a nice 5 plex for 400K, with something I really like: 2 bedroom apartments. thsnk youFilipe

@David Krulac - what's your #1 tip for finding a tenant that will stay in there as long as possible?

I realize that Mahhattan is a very extreme place to start REI, but any tips or hints for someone young living looking to start ASAP, is greatly appreciated!

A few tips..You can tag people by typing @ before you type their name, then clicking their name when it pops up at the bottom of the message box.

Any info or tips would be appreciated.

(or as an extra negotiation tool for you.)

David - Note that we've got a directory of County Records Offices where you can do some research at your local assessor's office online.Take some time to check out all of the resources and tools to the left of the forums that we've assembled for you.

I found a lot of great tips here though, and I may have to post an "SOS" soon for some more ideas on just how to go about finding potential buyers/investors for commercial properties, but this is an area I want to focus on.

Cap rates are very good tools to use when a broker is selling a property but when dicetedthe NOI appears.

I have created very impressive tools to cover the complete income and expense numbers for potential properties.