BiggerPockets Real Estate Podcast - Is Refinancing a Smart Move with Rising Mortgage Rates?

Mortgage rates are up, which is good news for (almost) no one. Those who have built huge equity gains over the past few years now feel like they’re stuck at a crossroads. You could pull a cash-out refinance to buy another investment property, but with such high mortgage rates, is it better to wait out the market? 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. Welcome back to another episode of Seeing Greene, 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 whether to wait or buy now, how to push past negativity when you’re struggling to find deals, when to refinance while interest rates rise, asset protection basics, and much more. These in-depth answers from David will probably solve top-of-mind questions you may have too! Want to ask David a question? If so, submit your question here (https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! 00:00 Intro 02:21 Quick Tip 04:06 Buy Now or Wait for a Correction? 07:31 Struggling to Find Deals? 11:01 Should I Refi as Interest Rates Rise? 17:56 Questions from the Comment Section 22:10 What Makes a Great House Hack? 26:49 Is an LLC Worth It? 29:52 Stop Chasing "Home Runs" 34:53 Is Property Management Worth It? 39:01 Ask David Your Question! ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Ask David Your Real Estate Investing Question: https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Upgrade to BiggerPockets Pro: https://www.biggerpockets.com/membership-types?utm_source=owned_media ~~~~ Find an Investor-Friendly Agent in Your Area: https://www.biggerpockets.com/agent/match?utm_source=owned_media ~~~~ Listen to BiggerPockets’ Newest Podcast “On the Market”: https://www.biggerpockets.com/podcasts/on-the-market?utm_source=owned_media ~~~~ Grab the New Book, “Real Estate by the Numbers”: https://store.biggerpockets.com/products/real-estate-by-the-numbers?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Rob (Robuilt) on YouTube, Instagram, TikTok, and Twitter: Youtube: https://www.youtube.com/c/Robuilt Instagram: https://www.instagram.com/robuilt/ TikTok: https://www.tiktok.com/@robuilto Twitter: https://www.twitter.com/robuiltchannel ~~~~ Connect with David, Jonathan, and Rob on BiggerPockets: David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Jonathan: https://www.biggerpockets.com/users/trustgreene?utm_source=youtube&utm_medium=description&utm_campaign=none Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow David on Instagram: @davidgreene24 or https://www.instagram.com/davidgreene24/ Episode #675 Show notes at: https://www.biggerpockets.com/blog/real-estate-675?utm_source=youtube&utm_medium=description&utm_campaign=none