Show HN: Should you buy a house and rent it out?

Re:Show HN: Should you buy a house and rent it out? by retiredcoder on Saturday April 20, 2019 @12:24PM (#19707373)

I’d guess from the 4.5%, you are in the USA? Just asking to check we share the same context here, no need to answer..

My subjetive experience in the USA (Seattle and NYC) is that you can get 4-5% with a steady job and 20% down for primary residence. Anything out of ordinary, like 2nd mortgage (since we are talking about real state as investment), the interest rate goes up (6-7% last time I applied for one).

Also, while the margin rates can be higher, there is more liquidity, smaller transaction costs, and much smaller fees.

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Re:Show HN: Should you buy a house and rent it out? by repsilat on Saturday April 20, 2019 @01:18PM (#19707654)

Yeah, in the US at the moment.

Transaction costs are a big one. In some countries there's stamp duty, in the US there are unusually high closing costs (6%?). That said, the bigger the investment the longer I want to hold it, and those transaction fees aren't as steep when amortised over the home-onwership term.

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