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Private Lending & Conventional Mortgage Advice

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Kiel J.
  • Dallas, TX
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18
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Newbie advice for buying first SFR not owner occupied

Kiel J.
  • Dallas, TX
Posted Jun 22 2015, 20:41

Hello BP Community!

I'm seeking advice on how to acquire a first SFR without "house hacking." I have brought an investor on board to help me secure my first single family rental property. To analyze potential deals, what is a good interest rate guesstimate for a $250k home w/$25k down? I am using Investability.com to calculate COC, CAP Rate, Cash Flow, etc but do not know a good avg value to insert for mortgage rate.

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