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Updated over 1 year ago on . Most recent reply

User Stats

254
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173
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Ran Iarovich
  • Real Estate Agent
  • Washington
173
Votes |
254
Posts

Interest rates have just increased to 7%. How have your real estate plans change?

Ran Iarovich
  • Real Estate Agent
  • Washington
Posted

With recent issues with the debt ceiling and summer market coming up. We've been through many fluctuations since the start of 2022. To the Bigger Pocket community - are you doing anything different this year due to the recent rate hikes? 

Most Popular Reply

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1,940
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Bonnie Low
#1 Medium-Term Rentals Contributor
  • Investor
  • Asheville, NC
1,772
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1,940
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Bonnie Low
#1 Medium-Term Rentals Contributor
  • Investor
  • Asheville, NC
Replied

Just being more conservative in our underwriting. The numbers have to work. We don't buy assuming rates are going to come back down. If the deal doesn't cash flow at current rates, we don't buy. 

  • Bonnie Low
  • [email protected]
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