All Forum Posts by: David Permenter

I am preparing to leverage investment in residential real estate for passive income. Buy and hold, cash flow is the priority over appreciation. Given that interest rates can, basically, only rise, I am concerned if lenders will continue offering fixed rate loans at a time of uncertainty in the markets and rising interest rates. I consider RE is in somewhat of a bubble right now and prices will soon come down. So, I prefer to wait before investing, but not at the expense of missing out on low fixed interest rates. Any and all perspective and insight appreciated.

I am in NE Florida...

Hi John, thanks for your reply. I am ~10% overall in metals. Mostly silver. Eagles (monster boxes) and 100 0z. bars. Gold Eagles also. My goal going forward is indeed cash flowing, but given that I do indeed think a crash, sooner rather than later, is imminent, I am bullish on G&S. 

I absolutely will transition to RE, SFHs, but just want to more clearly understand the landscape first with regard to whether or not banks will still offer fixed rate, 30 year mortgages during a time of climbing interest rates. That is my 64k question...

I have had a basic strategy of buying gold & silver lately with the belief that our economy, and the dollar, are headed for a crash - sooner or later. The idea is that when the dollar falls, metals soar. I sell and move over to what (it is said) will then be an undervalued real estate market. Ok, with that as a backdrop...

My concern, and what I am now trying to come to an understanding of, is if, in a time of presumably increasing interest rates and high inflation, will banks curtail fixed rate loans?

I have no interest (no pun) in ARMs, the future is too unforeseeable for my risk tolerance level. 

Bottom line - I am trying to determine if I should keep buying metals to have a bigger payout when I sell (more capital to invest in RE) but risk losing out on low fixed rate financing - OR - stop buying metals and put as much cash into RE now while rates are low AND fixed.

This is a serious dilemma for me and a potential tipping point for timing my investments. I intend buy & hold only, passive income minded. I am a follower of Mike Maloney's wealth cycles perspective of exiting one asset class (metals) near its peak and moving that capital to another class (RE) which is then undervalued. Real estate is my long term class of choice. Metals, a way to get there - farther and faster.

I will really appreciate as much insight into this as our community can provide. Thanks so much, in advance for your input!!! - David (Florida)

Looking for a spreadsheet or other tool to help me evaluate when to buy more properties versus paying down the ones already in my portfolio. I am a new investor and am working to determine the optimal strategy for replacing my existing income with passive income. 

In other words, a tool to help me evaluate the best way to build my rental property portfolio based on my personal goals. Any and all help appreciated... David