Hi all, a long time ago I read of a simple way to estimate the cap rate on a property, divide the gross rents in half then divide by the value or asking price on the property.I'm curious, estimating expenses as half o...
I am having trouble getting brokers in my area to provide a cap rate for the applicable market (i.e., a rate based on comparable sales in the area). Instead, the brokers provide a rate based on the seller's estimated...
Hello, BP communities !! I recently going to refi my condo as investment property. I was told that the current interest rate is 4.625%; i thought it dropped below 4% after new year. Could you any mortgage specialis...
Good morning everyone, I had a question about rising interest rates. With the interest rates on the rise is there a end in sight? How does this effect the buying and selling of properties? Is it wise time to buy inve...
Has anyone used flat rate selling services such as Clever? Just curious if it’s worth the savings and how fast can they sell my home. Thanks!
Hello,
I’m looking to purchase to a multi family home in NYC/Bronx area. The house itself is a 4 family. The property is going for $770,000. I’m putting 25% down, owner occupied. I just wanted to know if an interest ...
I am looking to switch from SFH to multi family and don’t understand cap rates
Do you want a higher or lower cap rate? And how are cap rates typically used in the multi family side of underwriting
Thanks
Is ir generally better to have a higher cap rate or lower?
When looking to buy a property for rental in different areas, what is the acceptable vacancy rate to look for? I know some area has low vacancy rate and some has high so would it be a good idea to always go for the lo...
Well, they got caught, Barclay, the Bank of England manipulating the interest rate of the London Inner Bank Offer Rate (LIBOR). This is the rate charged for borrowing between banks internationally.
If you have an adj...