Analyzing rental properties

2 Replies

So I'm really into Multifamily rentals and I'm still trying to learn the basics on how to analyze deals accurately and making sure the numbers are precise. My question is When you're calculating a mortgage, how can you assume what will be the interest on a property? Again sorry I like to be precise on the numbers when it's comes down analyzing deals. Any advice will help. Thanks for your time!!!

Consult with your mortgage broker or loan officer.  Most brokers will provide you with a rate sheet when asked.  When calculating debt service it is always smart to lean towards the cautious side and go 25-50 bps higher than today's rate.

Create Lasting Wealth Through Real Estate

Join the millions of people achieving financial freedom through the power of real estate investing

Start here