All Forum Posts by: David Rubin

@David Rubin a solid deal can be found in most markets even with rates on the rise. Keep in mind rates are currently about where they were pre pandemic the increase in rates has been rapid, but don't let that deter you. If you find a solid deal now go for it, you can always refinance if rates decrease in the future (im assuming you're thinking about using a 30 year fixed rate loan)

thanks for your help

what do you mean by a solid deal (if rates goes up eventually prices go down afterwards rental income goes down too?)

also is there a refinance penalty

if i may ask what do consider a solid deal ?

thanks

0 Votes

Jersey City, New Jersey

Quote from @Theresa Harris:

Find a market where the numbers work. Interest rates will keep going up as they have been artificially low for too long.

thanks for your reply. another small Q - even if i find something that the numbers make sense now (for a rental income ) if the interest-rates goes up can it effect my rental income ?

0 Votes

Jersey City, New Jersey

i'm starting out in real estate trying to buy my first properties but seeing the interest-rates going up keeps me still being

what are the best options in the real estate market even with high rate

please if you can help me out

thanks

md rubin

2 Votes

Jersey City, New Jersey

All Forum Posts by: David Rubin

David Rubin has started 1 posts and replied 3 times.

Post: interest rates going up?!

Post: interest rates going up?!

Post: interest rates going up?!