Renegotiating Private Money With Better Terms

With current 5 year CD rates at 2.94%, and dropping, one of the things we’ve been doing is replacing a lot of our private lenders that are at 10, 12 and 15% interest rates with MUCH lower rates. Just think about how much money you, as the real estate investor and holder of the property, could save if you replaced all your 12% money with let’s just say 7%. That’s a 5% savings each year and on just a $100k home that is a $5,000 savings. So, how exactly do you go about it? Read more

The Feds To Cut Interest Rates

Did you see that the Feds may cut interest rates?  This is going to flow down to your consumer loans, home equity lines, etc.  For anyone that has rental homes with adjustable financing, this is going to create a nice chunk of cashflow for you across all of your units for at least a short period of time. Hopefully your loans will lock the change for at least a 12 month period.  Optimization is the key.  Checkout the article here:

http://snipurl.com/8ayj4

Reply and let me know what you think about this…