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Rate Roulette! Should You Invest Now or Wait for Better Rates?

Rate Roulette! Should You Invest Now or Wait for Better Rates?

FromReal Wealth Show: Real Estate Investing Podcast


Rate Roulette! Should You Invest Now or Wait for Better Rates?

FromReal Wealth Show: Real Estate Investing Podcast

ratings:
Length:
35 minutes
Released:
Jul 15, 2023
Format:
Podcast episode

Description

Does it still make sense to buy rental property today when mortgage rates are at the 7% level? Should you buy your rate down with points or wait a few months to see if rates come down as many experts are predicting? And what about getting approved for a loan? Is it any harder now to get a loan in this tough credit environment?   In this episode, you’ll hear from one of RealWealth’s preferred lenders, Graham Parham and his business partner Aaron Stelly of Highlands Mortgage. They join me to provide some insights on the lending world as it stands today, along with some good news about inflation and how that is impacting mortgage rates.   Graham W. Parham has been a Mortgage Loan Officer for over 25 years. He has experience in the residential real estate market and has developed a significant following among homebuyers and investors. He currently owns 45 investment properties and is still buying.   Aaron Stelly helps guide clients through the lending process from start to finish. He’s an active investor and recognizes the goals that investors are hoping to achieve as they grow their real estate portfolio.   You can get a hold of Graham at graham@theparhamteam.com. You’ll also find contact information for Graham and his Highland Mortgage team on our website. You need to be a RealWealth member but it’s free to sign up. Once you’ve done that, log in to the portal and look under the Resources tab for Lenders.    If you’d like to find out more about the North Dallas Rental Fund I mentioned during this episode, go to https://growdevelopments.com.   As always, I ask that you subscribe to the Real Wealth Show podcast, and leave a starry-eyed review! Thank you!   And thanks for listening! Kathy Fettke
Released:
Jul 15, 2023
Format:
Podcast episode

Titles in the series (100)

Smart real estate investing will give you the time and the money to live life on your own terms! We call that real wealth. Host Kathy Fettke is Co-CEO of Real Wealth Network and author of the best selling “Retire Rich with Rentals.” She launched this podcast in 2003 to share her own secrets and those of top experts in the real estate investing field. She along with guests like Robert Kiyosaki, Loral Langemeier, Peter Schiff, Doug Duncan, John Burns, Bruce Norris and other rising real estate stars offer insights on the creation of passive income through real estate, and how to avoid costly mistakes. Learn how to build a portfolio outside the stock market with buy-and-hold strategies, single-family rentals, multi-family properties, syndicated deals, self-directed IRAs and 401ks, the highly-revered 1031 exchange, private money lending, creative financing, and much more!