Jesse Ottesen
Will mortgage rates trends repeat the second half of the 1970s?
In the Oct 20, 2023 BP Money Show, Mindy and Scott did a good job of warning listeners about relying on predictions of mortgage rates dropping back down anytime soon. I don't think they took it far enough. In 1974 my...
Alex Rodriguez
Temecula House Hacking
Hello everyone,Just wondering if anyone has any experienced with house hacking in the Temecula area! Any insights are welcomed.Thank you!
Renee Harris
Investment Strategies in LA
I am wondering what investment strategy you Angelenos think would be good in Los Angeles right now? Please don't say go to another state. I am curious about Los Angeles only, in this moment and climate. I was thinkin...
Adam Taylor
"Buy the Rumor, Sell the News"
According to people who study the stock market, there is a common theme, "buy the rumor, sell the news." What does this mean? As people look at market trends and when to invest, there are certain signs that can get yo...
George O'Neil
You need a serious professional in this market
YES! Mortgage rates have been dropping and it looks like they will continue to fall. The problem is as the rates drop the guidelines to getting your approval will also become harder.
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John Stevenson
Stay away from adjustable rate mortgages.
Investing is about leverage. Leverage is about stability. If the rate on the loan adjusts annually, you can be pretty sure the rate will adjust up. Take a look at how just two percentage points can change your payment...
Joshua Schmidt
Refinancing After a BRRRR
Well, we are almost finished with our first BRRRR and I know that financing/refinancing is a bit of a challenge right now. However, I am seeing opportunity down the road for lower rates if we hold out for a while. I...
Enwan Casson
Cash out refi
Good afternoon,
I want to do a cash out refi for one of my rental properties. I have two loan options to select from (30 year fixed and a 10/1 arm). 30 year fixed has an interest rate of 7.875% with a 54321 payment ...
Randon B.
Balloon on Seller Finance Note
I am about to put a house up for sell and I would like to sell finance the note. I was told that if I was selling to an owner occupy then I could not add a balloon as part of the note. Though if I was selling to an in...
Gary Hirthler
First Time Poster
Hello,First time poster starting rental property investing journey feeling stuck:*I love all the numbers posted in Rental Property Investing (Turner), and I'm not seeing how they would work now with the interest rates...