That means we haven’t yet seen the full impact of lower borrowing costs on buyer activity.👉 Why it matters: With affordability improving and more inventory available, this could be the start of a rebound in existing home sales — creating more opportunities for listings, move-up buyers, and client re-engagements.🍂 Family Hack of the WeekDon’t toss those pumpkin seeds!

Hits to your credit take years to repair, and preserving borrowing capacity is far more valuable than the limited upside created by pushing too aggressively.By the time I had a chance to respond to Investor #2’s post, at least five people had already offered ways to secure additional capital or creatively acquire property #4 by February.

Over five noted and seven years, my borrowers have had zero issues at all.

Right now, there is a very popular individual on Youtube and Facebook, and apparently appears at Bigger Pockets events, who published his book, that advocates these techniques  for buying for full price off of the MLS and borrowing closing costs.

Think of your mortgage interest rate as a Bribe, it's the "Bribe" you pay someone to hold that loan aka borrow you the money for 7, 15, 30 years. 

There is no market in the country where properties at that price point come with strong fundamentals...there's a reason why they are priced the way they are.Even if your core business is offering seller financing, the collateral is lousy and can only imagine what the creditworthiness of the borrower pool looks like.

When your capital is tied up until refinance, the key is to borrow someone else’s funds so your deal flow doesn’t stall.

Banks are definitely still involved, from what I'm seeing, even if brokers and borrowers might need to cast a little wider of a net to find one interested.For reference, about 2/3 of the loan quotes in the past 24 hours that've come through the lender matching platform I work for have been from banks.

- 6% rate at 30 year term, each $100k borrowed adds $600/month.

In situations like this our borrowers often have to waive smoke inspetions, title V's and any other inspection.