Just for reference a $100,000 at 4.5% on a 30 year loan is a payment of $506 a month. This is making homes very affordable relative to rents. Needless to say, with these rates, the recent bump in inventory and better pricing, as a buyer I am purchasing as many cash flow properties as possible in the next 6-9 months. As a seller we are pricing our rehabs COMPETITIVELY and they are selling. It is all about price and rates.
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