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Updated about 2 years ago on . Most recent reply

Peter Xiao's profile image
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Peter Xiao
  • Member since Jun 9, 2022
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Peter Xiao's profile image
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Peter Xiao
  • Member since Jun 9, 2022
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Peter Xiao
3
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8
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Commercial Real Estate Investing

How is everyone feeling about rates?

Peter Xiao
Posted

Inflation has only dropped my .1% and Feds are ready to do whatever it takes to drop that. I have been hearing on the streets that interest rates could* go to 12%+. That would be pretty scary heading into a full on recession. I was wondering how everyone is feeling and what everyone is thinking?

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Nicholas L.'s profile image
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Nicholas L.
  • #2 Starting Out Contributor
  • Flipper/Rehabber
  • from Pittsburgh
  • Member since Jun 5, 2018
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Nicholas L.'s profile image
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Nicholas L.
  • #2 Starting Out Contributor
  • Flipper/Rehabber
  • from Pittsburgh
  • Member since Jun 5, 2018
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Nicholas L.
#2 Starting Out Contributor
  • Flipper/Rehabber
  • Pittsburgh
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Nicholas L.
#2 Starting Out Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Peter Xiao

I have no idea what is going to happen with rates

I will keep buying on the assumption that I will never be able to refinance, and I will make sure deals pencil out based on the rate I lock

  • Nicholas L.
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