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684: Seeing Greene: The “Energy of Money” and Why You’re Looking at Debt All Wrong

BiggerPockets Real Estate Podcast

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How to Get the Best Interest Rate on a Vacation Rental

Greg: I have a successful vacation rental in Florida with $100,000 in equity and a good fixed rate at less than 3%. As interest rates rise, should I cash out, refi, a down payment for the next property at the expense of a higher rate? That would hurt my pride, but do I need to shift my mindset to make the next investment? All right, I love this. First off, Greg, kudos to you for admitting that it's about your pride because interest rates always are. It does not matter. In fact, the higher rates that we're seeing now are what is leading to the better price of the homes. They only go one direction like

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