Refinance Cap Rate
I am in the process of refinancing a 5 unit building and was caught off guard when I saw that the appraiser used a 9% Cap Rate.
Be careful with your underwriting in this market. I would hate to see your deals go upside down.
The appraisers and lenders see this shift first. Talk to them often.
9
14 comments
Will Skillman
6
Refinance Cap Rate
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