Is it important to consider Cap Rates for single family rentals? I watched a video where the person doing a rental analysis said that it was only important for commercial properties. True or false?
I just got approved for interest rate for an investment property for 20% down at 4.375%. It seems a bit high to me. We have great credit scores and high income. Should I shop around or is this normal for an investment...
How long do you think the low interest rates will be around? What do you predict they will get raised to when they do get raised? 7-8%? Higher? What will higher interest rates do directly to your business?
Can anyone tell me why insurance rates on income property is sooo high in Texas? I just got the estimate on a duplex from State Farm on a $235000 Duplex, it turns out to be around $2472. And they will only write one p...
I just read the "Ultimate Beginner Guide" provided by BiggerPockets and noted the investment rule of 2%, and find it may not be realistic in my humble opinion.
If I am correct using the 2% rule, a home that cost $200...
Does anyone know of a reliable source to get comparable prices for my area where I will be investing in. I have used zillow, and the other sites compatible to Zillow, but to me, it
Doesn't seem consistent.
Thanks guys
Offered HELOC at closing of mortgage. Prime (8.25) plus 1.99 which is terrible. Have a great FICO in the top 700's. Why does a major bank hand out such high rates when I see better rates at prime or prime - everywh...
Looking to buy my first rental property. I have an opportunity to get into a home that is currently renting for 950 per month. I figured that the cap rate would be 3%. Would this be a decent buy as a newbie investment...
Wondering what are good cap rates for a single family rental in Dayton area, specifically looking in Belmont. Open to doing cosmetic rehab but no major fixers.
Hi Everyone, does anyone know what the average vacancy rate is in the North End of Bridgeport CT?