A 4 plex is for sale with a cap of 6%. I'm thinking OK that is what it has been for that area always. Yet with rates higher and banks paying 5% ON CD'S why take the risk with such a low cap? Shouldn't Caps rise to sa...
The May 2024 market report from the Austin Board of REALTORS® (ABoR) shows that the median home price in the City of Austin rose 11.6% to $608,438 over the past 12 months. The greater metro area’s median price was fla...
Good morning my question is, is it worth to rent out my current home yet and should I refinance to make it cash flow better for the long term? I’m looking to move about 30 minutes closer to my work which is in Orlando...
Hi all! Thought I would continue sharing my thoughts on the market. This time for week 2, November 2023. Today I'm talkin’ prices of everything, housing market positives, home builder incentives continue, and is this ...
So today the 10 Year bonds are dropping - sitting at 1.25%I am closing on 7/13.I locked rate when 10-year bonds were 1.59% - locked at 2.875The rate sheet I found says for USDA loan in PA today it is 2.5% to 2.25%That...
Greetings all!
Hoping to get some insight from you real estate gurus! My long time tenant is moving out because they bought a home, so I am faced with the decision whether to keep the property and continue as a rent...
Looking to purchase my first home and was initially going to go the traditional fixed rate mortgage without buying down points with the assumption rates will go down in the next year or 2 and I will just refinance. I ...
I am in the process of getting my first residential deal, and just making sure I’m not doing something wrong. I think my realtor is and just trying to sell as quickly as possible. Duplex in VHCOL city listed at $849,0...
Could anyone explain the differences between the DSCR and Cap Rate, if any.
https://www.cnbc.com/2020/04/08/weekly-mortgage-applications-sink-as-coronavirus-sets-back-homebuyers.html
Consumers are fast losing confidence in this spring housing market, given the economic upheaval from the co...