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How To Correct Negative Cash Flow From High Interest Rates?

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Manage episode 418829477 series 3574924
Content provided by Scott Dillingham. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Dillingham or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Many investors with variable rate mortgages are facing negative cashflow due to high-interest rates. Three main solutions are offered: 1) Get an interest-only mortgage or line of credit to save on principal payments and increase cashflow. 2) Change lenders to re-extend the amortization period and lower monthly payments. 3) Add a second suite to the property through refinancing to increase rental income and improve cashflow. These strategies have helped investors save money on interest expenses.

  • (00:00) - Introduction to the Wisdom Lifestyle Money Show
  • (01:47) - Option 1: Interest-Only Mortgages and Lines of Credit
  • (03:41) - Option 2: Changing Lenders to Re-Extend Amortization
  • (05:08) - Option 3: Adding a Second Suite to Increase Rental Income
  • (07:05) - Save on Interest Expenses and Improve Your Financial Situation

If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.

Takeaways

  • Investors with variable rate mortgages are experiencing negative cashflow due to high-interest rates.
  • Three main solutions to correct negative cashflow are: interest-only mortgage or line of credit, changing lenders to re-extend amortization, and adding a second suite through refinancing.
  • Interest-only mortgages or lines of credit can save on principal payments and increase cashflow.
  • Changing lenders can lower monthly payments by extending the amortization period.
  • Adding a second suite to the property through refinancing can increase rental income and improve cashflow.
  • These strategies have helped investors save money on interest expenses.

If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

  continue reading

64 episodes

Artwork
iconShare
 
Manage episode 418829477 series 3574924
Content provided by Scott Dillingham. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Dillingham or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Many investors with variable rate mortgages are facing negative cashflow due to high-interest rates. Three main solutions are offered: 1) Get an interest-only mortgage or line of credit to save on principal payments and increase cashflow. 2) Change lenders to re-extend the amortization period and lower monthly payments. 3) Add a second suite to the property through refinancing to increase rental income and improve cashflow. These strategies have helped investors save money on interest expenses.

  • (00:00) - Introduction to the Wisdom Lifestyle Money Show
  • (01:47) - Option 1: Interest-Only Mortgages and Lines of Credit
  • (03:41) - Option 2: Changing Lenders to Re-Extend Amortization
  • (05:08) - Option 3: Adding a Second Suite to Increase Rental Income
  • (07:05) - Save on Interest Expenses and Improve Your Financial Situation

If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.

Takeaways

  • Investors with variable rate mortgages are experiencing negative cashflow due to high-interest rates.
  • Three main solutions to correct negative cashflow are: interest-only mortgage or line of credit, changing lenders to re-extend amortization, and adding a second suite through refinancing.
  • Interest-only mortgages or lines of credit can save on principal payments and increase cashflow.
  • Changing lenders can lower monthly payments by extending the amortization period.
  • Adding a second suite to the property through refinancing can increase rental income and improve cashflow.
  • These strategies have helped investors save money on interest expenses.

If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

  continue reading

64 episodes

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