Rent to value is 1% on a multifamily in NH but cash-on-cash 5% how to get to 12%?
Increase income, decrease expenses, or invest less cash.
Thanks @stephenpolizzi do you think I can get a loan for investment with only 10% down instead of the usual 20-25%? Have you heard that or maybe a 15% down with a 15 year loan?
The latest quote was 5.5% 30 yr Fx $1500 point and $1600 orig fee.
Unless you live In it that type of downlayment is unlikely