“If the rates go down a single percentage point, it makes 5 million people more qualified to buy a home in America today.”
DR
Dave Ramsey
The Ramsey Show ·
“I generally like to buy parks with a three point spread. So the cap rate, uh, to the interest rate is three percentage points.”
Justin Donald · Built to Sell Radio · Ep 570 Why Exited Founders Lose Money Investing with Justin Donald, The Lifestyle Investor
Play from 6:40
6:40
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What was described
Buy mobile home parks with about 20% down and target a cap rate that is at least three percentage points higher than the loan interest rate (a 3% spread)
20% down; 3% spread (e.g., cap rate 9% vs interest 6%)
Said nearby on the same subject
“We just hit $2,000 in extra costs related to the war… that breaks down into three broadly three things… higher cost of energy… higher interest rates… military costs”
♫
Said on Prof G Markets
“Cap rates are only now about a percent above the... 10-year government bond rate... yields 6%, 6.5%... cap rates should really be between 8% to 10%”
SW
Stuart Weems
Investopoly ·
“A vehicle equity loan is a very sweet, sugary way of saying title pawn… ridiculous interest rate… 20, somewhere between 25, 27 percent.”
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Said on The Ramsey Show
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