All Forum Posts by: Prasad J.

@Account Closed Im looking for value add single and multi family properties for BRRRR rentals. Do you do off market deals too? If so can you add me to your buyers list

@alex 

@Alex Chin can you pass on Jason info to me as well. 

Thanks 

@Eva Croasdale welcome to BP.  I too live in Kenmore . Where do you invest in buy and holds?

@Tonya Clark I am looking for BRRRR properties in greater seattle region. Please reach out to me. ill pm you my email id

@Blake Crawford welcome to BP. You have come to the right place :) . I am looking for some brrrr properties in and around Tacoma. Would love to speak to you and potentially your buyer 😀

@Chiagozie Fawole Congrats!! how was the deal structured for the investor? only cash flow or equity or mix? What is the exit strategy for investor?

@Alex Chin sure, I already let John know you referred me. You have a great 4th too.

Compared to 30 year fixed we save around 0.625% in interest and additional principal pay down in 7/1 arm for 7 years. 

I intend to keep my primary home for lots of years (20+).  The savings alone comes to about 19000 $ for 7 years. But it does come with an additional risk of rate going up after 7 years.

Is there a risk of mortgage rates(30 yr fixed) hitting above 5% after 7 years considering the planned Fed rate increase. 

30 year fixed rate seems safe option but loosing 19000 dollars over 7 years also doesnt seem a great option.

Any suggestions/ideas on picking between 7/1 arm vs 30 year fixed rates?

Seattle, Washington, Kenmore