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How Dropping Listing Price Hurts a Refinance
Categories: Blog Posts
Here’s an example of just how much dropping listing price hurts a refinance. A recent client of ours came across a common issue in today’s market: He got caught in the market with a big flip project. After weeks on the market, he just couldn’t sell. Negative cash flow pushed him to continually drop his […]
How Interest Rates Impact Sellers and Buyers
Categories: Blog Posts
Rising interest rates impact both buying power and selling price. Here’s how. When interest rates change, the monthly payment people can afford doesn’t. This results in buyers’ available price points dipping lower and lower. People might be willing to pay a little more per month for a higher purchase price in this market. But that […]
How to Calculate a DSCR Loan – Step By Step
Categories: Blog Posts
From figuring out expenses to doing the math… Here’s how to calculate a DSCR loan. The more you know about DSCRs, the more power you have when you go to buy or refinance. When you practice the numbers yourself, the less you have to rely on a lender to tell you if a deal is […]
How to Combat a Negative Cash Flow Rental Property
Categories: Blog Posts
Sometimes you end up with a negative cash flow rental property. Here’s how to combat that negative cash flow.A negative cash flow rental property can be the lesser of two evils. If your options are to sell your flip at a loss, or shell out tens of thousands of dollars yearly interest on a bridge […]
Why You Need to Start BRRRR with Refinancing
Categories: Blog Posts
“Refinance” is the fourth step in BRRRR. But maybe we should start BRRRR with it… Resting your cash flow on the shoulders of a loan you don’t even know you can get. Spending time and money on a fix-up that might not even pay off. Buying at a high interest rate with no guarantee of […]