INTEREST RATE IS HIGH NOT A BAD TIME TO BUY REAL ESTATE I STACIA KARCHER

#realestate #realestateinvesting #realestatetips
Hello RUclips Fam!
I started my real estate journey back in 2018 not knowing anything about the real estate market other than I wanted to invest and start creating generational wealth. I am going to start doing a couple videos each month on real estate this way I can still do my other projects and give a planform to have open conversation.
Back in November 2022, i posted a reel with a quick walk through of my house to show it freshly painted and I used a voiceover with Dave Ramsey stating now is the time to buy even though the interest rate is high, just refinance. It caused such a debate in my comments I decided to give me opinion one this topic.
Below are the reason you should get into the market even thought the intertest rate is high its not a bad time to buy.
1. Putting more money down if you wait for the rate to come down
2. Monthly payment will be more because the house you want is more
3. Paying more for the same square footage house
4. Losing equity that could have been earned over time
5. More competition when the interest rate drops
6. Losing money paying monthly rent
Please follow me on Instagram because this is where I will be throwing out questions and opportunities for you to ask me questions that I can answer on my channel.
Hope this is helpful for you!
Ciao
Instagram: / stac1a_d

[@bernjeffers8203]

Thank you. I needed to hear this.

[@staciakarcher]

You are so welcome

[@arthurtimmins5141]

Great information, never looked at it that way!

[@staciakarcher]

Glad it was helpful! Thanks for watching!

[@RHEANNA04]

Hi just wondering is it possible to put down only 3% on an investment property??

[@staciakarcher]

If you are buying a multi unit property and going to live in it as your primary residence yes you can.. if not you can do a conventional loan with 5% down..

[@char-lynjohnson6692]

I have been saying this same thing and my friends thought I was crazy lol. To me it’s just simple math, just my opinion.

[@staciakarcher]

I agree with you! Simple math