7 min
Ep 116 - Things To Look For In A Rising Interest Rate Environment Freedom Through Passive Income
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- Investing
When getting a loan the interest rate isn't as big of a factor as you might think. We're telling you this right now, based on the deal that we're buying, and the feedback that we're getting from people we are talking to. We laid out multiple loan options to determine which would be best for our needs. I was focusing on the lowest interest rate, when comparing the benefits of the loan packages side by side, the one with a little bit higher interest rate was the better one and the interest rate wasn't as much of a factor as what was in my head.
Download your Free Private Lending Report here: www.freedomcapitalinvestments.com/lending
Download your Freedom # worksheet here: www.freedomcapitalinvestments.com/worksheet
Click on the Social Media links below and listen in on our Private Group Conversations about how to achieve Financial Freedom through a consistent pipeline of passive income investments:
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
—————————————————————————
Here are 4 things to look for in a rising interest rate environment. Be aware of what's happening.
1) Cost of materials. This will affect renovations, turns, and repairs plus maintenance. So make sure that you're factoring in that higher cost.
2) Tenant affordability. So if you're evaluating a deal, and the deal only works, because you're dependent upon the rents going up 3% every single year, but perhaps the tenants there can't afford that.
3) Vendor contracts. When do they expire? In a rising interest rate environment, many times the vendor is raising their prices as well. Take a look at them, if they're expiring soon be prepared that you might get a higher rate on the renegotiation of that contract.
4) Short loan products. Bridge loans, for example, can be a couple of years and you can add some extensions to them. Make sure that you're not getting something so short.
Our private Facebook group gives you access to where you can start building a direct relationship with us, we’d love to get to know you. 30 days later you may be invited into our Deal Room. The Deal Room is our private room where we share exclusive 506B opportunities because now you are our “Buddy.”
Join our groups on Facebook and LinkedIn.
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
www.FreedomCapitalInvestments.com
Invest Smart. Live Happy.
—————————————————————————
Connect with us here:
FB personal pages
https://www.facebook.com/Flipster
https://www.facebook.com/dani.lynn.robison
LinkedIn personal pages
https://www.linkedin.com/in/fliprobison
https://www.linkedin.com/in/danilynnrobison
Instagram personal pages
https://www.instagram.com/fliprobison
https://www.instagram.com/danilynn23
TikTok personal pages
https://www.tiktok.com/@danilynnrobison
https://www.tiktok.com/@fliprobison
When getting a loan the interest rate isn't as big of a factor as you might think. We're telling you this right now, based on the deal that we're buying, and the feedback that we're getting from people we are talking to. We laid out multiple loan options to determine which would be best for our needs. I was focusing on the lowest interest rate, when comparing the benefits of the loan packages side by side, the one with a little bit higher interest rate was the better one and the interest rate wasn't as much of a factor as what was in my head.
Download your Free Private Lending Report here: www.freedomcapitalinvestments.com/lending
Download your Freedom # worksheet here: www.freedomcapitalinvestments.com/worksheet
Click on the Social Media links below and listen in on our Private Group Conversations about how to achieve Financial Freedom through a consistent pipeline of passive income investments:
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
—————————————————————————
Here are 4 things to look for in a rising interest rate environment. Be aware of what's happening.
1) Cost of materials. This will affect renovations, turns, and repairs plus maintenance. So make sure that you're factoring in that higher cost.
2) Tenant affordability. So if you're evaluating a deal, and the deal only works, because you're dependent upon the rents going up 3% every single year, but perhaps the tenants there can't afford that.
3) Vendor contracts. When do they expire? In a rising interest rate environment, many times the vendor is raising their prices as well. Take a look at them, if they're expiring soon be prepared that you might get a higher rate on the renegotiation of that contract.
4) Short loan products. Bridge loans, for example, can be a couple of years and you can add some extensions to them. Make sure that you're not getting something so short.
Our private Facebook group gives you access to where you can start building a direct relationship with us, we’d love to get to know you. 30 days later you may be invited into our Deal Room. The Deal Room is our private room where we share exclusive 506B opportunities because now you are our “Buddy.”
Join our groups on Facebook and LinkedIn.
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
www.FreedomCapitalInvestments.com
Invest Smart. Live Happy.
—————————————————————————
Connect with us here:
FB personal pages
https://www.facebook.com/Flipster
https://www.facebook.com/dani.lynn.robison
LinkedIn personal pages
https://www.linkedin.com/in/fliprobison
https://www.linkedin.com/in/danilynnrobison
Instagram personal pages
https://www.instagram.com/fliprobison
https://www.instagram.com/danilynn23
TikTok personal pages
https://www.tiktok.com/@danilynnrobison
https://www.tiktok.com/@fliprobison
7 min