Another week’s in the barn already. It’s Mother’s Day Sunday, and Mom will be accorded the treatment royalty requires.
The rates have remained at the historic lows they hit last week. The ‘Perfect Storm’ for real estate investors, about which I’ve written many times, on these pages and elsewhere, is still at Force-5 strength. How long this window will remain open is anyone’s guess, as my crystal ball hasn’t emerged from the repair shop since the ’70s. The message there is to move it or lose it if you’re thinkin’ of employing real estate as part of your retirement income. This ain’t gonna last forever.
If you’re purchasing a SFR your rate, with a 20% down payment, will be 4.75%.
Prefer 2-4 units? At 25% down, you’ll be able to benefit from a 4.625% interest rate.
Let’s talk, OK? Gimme a call at 619 889-7100, and together we’ll make it happen. If you like email better, go up top and click on the Contact BawldGuy button. Have a great weekend.