- Real Estate Investor
- Sunnyvale, CA
- Votes |
I was looking recently at MFH in SF, most listings that are currently contingent or pending have a CAP rate of around 4.5%.....That is where one can break even after 20% down...
I remember just a year ago, CAP was 1.5% and you need 40% down to break even...
Love to hear your thoughts over this..
I am currently in contract on a small condo, trying to close escrow by July 1..... But for MFH purchase, I am waiting for 6% CAP...Dont call me greedy...