cover of episode 675: Seeing Greene: When Does It Make Sense to Refi with High Interest Rates?

675: Seeing Greene: When Does It Make Sense to Refi with High Interest Rates?

Publish Date: 2022/10/16
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BiggerPockets Real Estate Podcast

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    <p><a href="https://www.biggerpockets.com/blog/mortgage-rates-above-seven-percent"><strong>Mortgage rates</strong></a> are up, which is good news for (almost) no one. Those who have<strong> built huge equity gains</strong> over the past few years now feel like they’re stuck at a crossroads. <strong>You <em>could </em>pull a cash-out refinance</strong> to buy another investment property, but with such high mortgage rates, <strong>is it better to wait out the market?</strong> This standoff between buyers, sellers, and the Federal Reserve have many investors confused about the next move to make. Thankfully, our in-the-field investing veteran, David Greene, is here to help.</p><p>Welcome back to another episode of <strong>Seeing Greene</strong>, where your host David answers questions on the spot from investors spanning every skill level. We’ve got video and text submissions this week, with topics ranging from <strong>whether to wait or buy now</strong>, how to <strong>push past negativity</strong> when you’re struggling to find deals,<strong> when to refinance</strong> while interest rates rise, <strong>asset protection </strong>basics, and much more. These in-depth answers from David will probably solve top-of-mind questions you may have too!</p><p>Want to ask David a question? If so<strong>, </strong><a href="http://biggerpockets.com/david"><strong>submit your question here</strong></a> so David can answer it on the next episode of Seeing Greene. Hop on the <strong>BiggerPockets forums </strong>and ask other investors their take, or <a href="https://www.instagram.com/davidgreene24/?hl=en"><strong>follow David on Instagram</strong></a> to see when he’s going live so you can hop on a live Q&amp;A and get your question answered on the spot!</p><p><strong>In This Episode We Cover:</strong></p><p>Whether to <a href="https://www.biggerpockets.com/blog/buy-before-rates-rise-or-wait">buy now or wait for a <strong>housing market correction</strong></a></p><p><a href="https://www.biggerpockets.com/blog/mortgage-rates-above-seven-percent"><strong>How to get out of a negative mindset when </strong></a><strong>struggling to find deals</strong></p><p><a href="https://www.biggerpockets.com/blog/mortgage-rates-above-seven-percent"><strong>“Timing” your refinance to </strong></a><strong>get the lowest rate possible</strong> (and whether or not it’s worth it)</p><p>What most investors get wrong about <strong>house hack “cash flow”</strong></p><p><strong>Asset protection basics</strong> and if an LLC is necessary for your first rental</p><p><a href="https://www.biggerpockets.com/blog/property-management-vs-self-management"><strong>Self-management vs. property management</strong></a> and when to trade money for time</p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.youtube.com/channel/UCVWDbXqQ8cupuVpotWNt2eg">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/membership-types">BiggerPockets Pro Membership</a></p><p><a href="https://store.biggerpockets.com/">BiggerPockets Bookstore</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-investing-bootcamps">BiggerPockets Bootcamps</a></p><p><a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Listen to All Your Favorite BiggerPockets Podcasts in One Place</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts</a></p><p><a href="https://www.biggerpockets.com/investment-calculators?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get More Deals Done with The BiggerPockets Investing Tools</a></p><p><a href="https://www.biggerpockets.com/forums/521-real-estate-events-meetups?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Find a BiggerPockets Real Estate Meetup in Your Area</a></p><p><a href="https://www.biggerpockets.com/david?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Ask David Your Real Estate Investing Question</a></p><p><a href="https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">David's BiggerPockets Profile</a></p><p><a href="https://www.instagram.com/davidgreene24/">David's Instagram</a></p><p><a href="https://www.biggerpockets.com/users/robuilt?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Rob's BiggerPockets Profile</a></p><p><a href="https://www.youtube.com/c/Robuilt">Rob's Youtube</a></p><p><a href="https://www.instagram.com/robuilt/">Rob's Instagram</a></p><p><a href="https://www.tiktok.com/@robuilto">Rob's TikTok</a></p><p><a href="https://mobile.twitter.com/robuiltchannel">Rob's Twitter</a></p><p><strong>Book Mentioned in the Show:</strong></p><p><a href="https://store.biggerpockets.com/products/real-estate-by-the-numbers?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none"><em>Real Estate by the Numbers</em></a> by Dave Meyer &amp; J Scott</p><p><strong>Connect with Jonathan</strong></p><p><a href="https://www.biggerpockets.com/users/trustgreene?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Jonathan's BiggerPockets Profile</a></p><p><br></p><p>Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-675</p><p><em>Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our </em><a href="https://www.biggerpockets.com/blog/sponsors"><em>sponsor page</em></a><em>!</em></p>
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