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What is a acceptable Cap Rate on low end rentals. I have seen between 8-10% but these seem low to me.
Thanks for the advice
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I have spent hours looking online (including on here) at the CoC calculation as well as the ROI calc. Here is my understanding1. Cash on Cash Return= Annual (before tax) Cash Flow / Total InvestmentQuestion: Does the...
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We are looking to Refi an investment property but have been quoted $4500 to $6300 for closing costs. Goal for Refi is getting rid of Mortgage Insurance currently have 4.87 int. rate was hoping to find around $2500 for...
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Hello all I need help analyzing this deal whether it makes sense or not.Owner owes the bank 36k on the mortgage with 26 years left. House is worth 40k but has been vandalized so would take about 10k to get rent ready....
Has anybody used or heard of these guys?
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I was curious to see if anyone has experience with financing and developing a condominium building? This is in a amazing location, by the way!The plans for this property call for 6 Luxury Units, each around 1800 Sqft...
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Hi guys, I know this is a broad question, and I know that it “depends”. But just looking for general consensus; hoping to guide my research in narrowing down my market. In your experience, what was the factor(s) that ...
I currently have one SFR rental as well as a SFR that I am house hacking. My current tax situation isn't super complicated so I've been satisfied with TurboTax but I'm mostly focused on someone who's expertise is tax ...
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I'm looking at a property, and using my own comps (I use only comps within 0.5 miles and sold within 90 days) the property looks like a steal. Asking price is $119,900. ...
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I havent been around long enough to see high interest rates. How much does it usually affect house prices? Common sense says that when rates go up prices go down but what could we expect to see happen if rates went up...