All Forum Posts by: Becky Elder

Thanks for sharing this event, looking forward to learning more! 

The recent rate increases have affected affordability for many people.  Conventional financing (Fannie/Freddie) is more critical of your credit scores and debt to income ratio.  If you want to chat more about it, reach out.  I'm a lender here in WA

I wouldn't refinance to incur the closing costs if you're planning to sell it in the near future.  Or if you have to refinance don't pay points to buy the rate down because you likely won't have the loan long enough for the savings in the monthly payment to pay for the cost.  

Why do you want to sell it?  Maybe introduce your tenants to a local lender you have a relationship with so they can start positioning themselves now to buy the home.

Hi Andrew, did you find property in Yakima to invest in?  I'm also considering the area for potential investments...