All Forum Posts by: Justin Sherrock

@Brenda Maddox It's such a seller's market right now, I am not super excited to buy more property at current prices, so unless you are really good at finding gems I would be patient. I like real estate notes and/or note funds that provide short duration loans with a first lien security and pay a 6%-10% current dividend. With typical LTV's at 65%-85%, worst case scenario in a default you own the property at a much better entry point. Best case scenario, you refi out of your current property at 3%-5% and you create a nice little interest rate arbitrage while you wait for a better buyer's market.

@Brenda Maddox Given the current environment with historically low interest rates, but inflation looming, I would definitely refinance over doing a HELOC. You are going to lock in at an interest rate that literally can't get any lower versus a HELOC that is going to likely have a floating interest rate. If rates go up in 12-18 months you will be faced with higher payments and likely have to refi in a higher rate environment. Inflation is real risk, lock the cheap money in while it lasts!!