Apr 24, 2022
Investor Loans for Rental Property Update 2022
As you may have heard, the Fed is raising interest rates all
through 2022. The rise has already been felt and rates throughout
the various markets have already begun to cascade. Most economists
are forecasting a recession. But don't despair. What goes up must
come down, as they say.
In this episode, Beau discussed investor loans, in particular DSCR,
and how the Fed rate hikes will impact them. A month ago, DSCR
loans were in the 4 percent range; now, they're in the 6 percent
range.
Historically, after every recession, rates drop, so potentially an
adjustable rate or bridge loan may be a great solution to meet
cashflow requirements.
If you'd like to meet with Beau to talk financing, book a
call here
( http://bookwithbeau.com/ )