RE: Do Interest Rates Really Matter To An Investor?

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Do Interest Rates Really Matter To An Investor?

in business •  7 years ago 

My first duplex had an 11% interest rate - but I was just excited that I got the loan. The property was positive cash flow and when I sold it a year and a half later I just about doubled my money. The interest rate didn't bother me one bit.

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7 years ago by

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      ·  7 years ago 

    @jorlauski - We were happy even with 12%. Right, you just wanted to qualify, the profit has to be built in ahead of time in positive cash flow and how the property can be upgraded. Thank you for your comment!

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