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Billings Real Estate Investing & Real Estate Financial Planning PodcastLearn all about investing in real estate in Billings, Montana with a combination of real estate financial planning and modeling with numbers specific to Billings plus syndicated, more generalized recordings of live and pre-recorded real estate investing classes (not all specific to Billings).. Author: James Orr
Learn all about investing in real estate in Billings, Montana with a combination of real estate financial planning and modeling with numbers specific to Billings plus syndicated, more generalized recordings of live and pre-recorded real estate investing classes (not all specific to Billings). Language: en Genres: Business, Entrepreneurship, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Secrets of Buying Down Mortgage Interest Rates
Episode 158
Friday, 9 May, 2025
Learn the secrets of improving cash flow by buying down your mortgage interest rates on rental properties in Billings. This class is Module 34 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include: How improving cash flow by buying down your mortgage interest can help you get to financial independence faster and with less risk One way of calculating the benefit of buying down your mortgage interest rate and a better, more sophisticated metric I’d probably use We’re focusing on buying down mortgage interest rates when buying a property, but similar math could be applied when doing cash out refinances, cash in refinances, rate and term refinances or recasting a mortgage The big picture: buying down mortgage rates and receiving credits for taking higher rates How long does the mortgage buy down last What’s a point and how to calculate them Can I use credits to fund my down payment What is par rate and how to get par rate when talking to lenders Your options if you find yourself with extra money after your minimum total cost to acquire a property (down payment, reserves, closing costs, rent ready costs, cumulative negative cash flow/deferred down payment, etc) Comparing putting more down versus buying down your mortgage interest rate A sample mortgage buy down table from a lender and how to read it Downloadable spreadsheet for analyzing mortgage buy downs How to use the spreadsheet What are vanity rates and how to deal with them Using the spreadsheet to take advantage of market inefficiencies Use the spreadsheet to automatically calculate simple and compound rates of return for various mortgage buy downs Comparing the return in dollars for putting more down or buying down mortgage interest rates Including improved equity growth in our comparisons When you should not buy down your mortgage How to determine if you should buy down your mortgage interest rate or pre-pay PMI instead Plus much more... Check out the video and additional resources related to Secrets of Buying Down Mortgage Interest Rates. Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Billings real estate investor podcast? Book a free consultation to discuss.
