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Updated over 4 years ago on . Most recent reply

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447
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Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
63
Votes |
447
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Sell vs Hold with declining interest rates?

Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
Posted

Hello

I want to know what approach would be better with the declining interest rates?

Hold and keep renting , refinance to lower your monthly payments or sell home right away at a premium price sincr there will be more interested buyers when the the interest rates hit rock bottom.I am interested to hear other perspectives.

Thanks

Most Popular Reply

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246
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225
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Ryan Ingram
  • Rental Property Investor
  • Dayton, OH
225
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246
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Ryan Ingram
  • Rental Property Investor
  • Dayton, OH
Replied

I am biased, we have 64 units and we plan on holding them indefinitely. 

Even when the market is high, it seems to still make sense to hold on to them, mathematically. 

Refinancing at a lower interest rate and recapturing the equity to then use to acquire additional properties at a lower interest rate...just seems like a recipe for success.

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