Refinance vs. HELOC: The Numbers Every Investor Should See
Friday, October 17
An investor reached out to me and wanted to tap equity from his rental. He bought this property in 2023 with a 7.5% rate — and was leaning toward a HELOC to pull $50K for reserves and future investments. Check out the graphic below that shows is current standing with this property. Here’s ...
What a Government Shutdown Has to Do With Your Mortgage Rate?
Monday, October 06
Before becoming a loan officer, I was puzzled when I first learned that mortgage rates were connected to the 10-year Treasury bond yield. It didn’t make sense at first — what does government debt have to do with buying a home? Now, I find myself explaining this a lot to my clients because many be...
How Do I Tap Into My Properties Equity When My Rentals Are In LLCs?
Thursday, October 02
I had a real estate investor call me last week with a big problem: “How do I tap into the equity in my property when all my rentals are in LLCs?”This is one of the most common challenges I see investors face. I remember my brother having this same issue some years ago on his rental properties and...