This could drive demand for rentals as people hold off on buying.Impact on Investors: If you're looking to buy properties, higher mortgage rates might impact your ROI.

Always wanted to learn more about multifamily deals How did you find this deal and how did you negotiate it?

It would probably be easier with your current bank, but loyalty isn't always warranted.

So many ways to make your money work for you in this world.Whats your favorite way?

This is also true if you have DSCR loans that do not report on your personal credit.  

People that show up and do what was quoted seems hard to find sometimes.

- Lots of Equipment (R&D Facilities, Car Washes)- Gas Stations (100% 15 year properties)- Movable walls (self storage)You can find anywhere from 15-35% of the purchase price of a typical apartment complex is this type of property.More of it means less tax for you from higher depreciation amounts!

Congrats - have you looked into refinancing now that its fully renovated?

I would prefer to hold on to both properties if possible, but if we cannot cash flow (with the HELOC), we cannot do that. 

I’ve been seeing a lot of interesting deals lately, but the traditional financing methods don’t always cut it for some investors.