Nicole Lappin

Has it been hard to find renters?

Has it been hard to find renters?

What are your interest rates?

What are your interest rates?

What are your interest rates?

Well, sadly, the go-go days of those low interest rates are over. It is kind of like a double-edged sword, though. Getting a good interest rate is obviously awesome, but then you end up chasing that high whenever you dip your toe back into the market, which it sounds like is what's going on with you guys.

Well, sadly, the go-go days of those low interest rates are over. It is kind of like a double-edged sword, though. Getting a good interest rate is obviously awesome, but then you end up chasing that high whenever you dip your toe back into the market, which it sounds like is what's going on with you guys.

Well, sadly, the go-go days of those low interest rates are over. It is kind of like a double-edged sword, though. Getting a good interest rate is obviously awesome, but then you end up chasing that high whenever you dip your toe back into the market, which it sounds like is what's going on with you guys.

And as we know, interest rates are coming down, but experts think it would probably take another pandemic, which we would not want, for interest rates to go that close to zero again. They were just so unnaturally low for so long that we got used to it. And weaning off, as you have been going through, is really hard to do.

And as we know, interest rates are coming down, but experts think it would probably take another pandemic, which we would not want, for interest rates to go that close to zero again. They were just so unnaturally low for so long that we got used to it. And weaning off, as you have been going through, is really hard to do.

And as we know, interest rates are coming down, but experts think it would probably take another pandemic, which we would not want, for interest rates to go that close to zero again. They were just so unnaturally low for so long that we got used to it. And weaning off, as you have been going through, is really hard to do.

5% is like... Go back to the 80s of 20%. The next property that you want to buy in two years, what's your goal with that property? To live in it for a while, to flip it, use it as an investment?

5% is like... Go back to the 80s of 20%. The next property that you want to buy in two years, what's your goal with that property? To live in it for a while, to flip it, use it as an investment?

5% is like... Go back to the 80s of 20%. The next property that you want to buy in two years, what's your goal with that property? To live in it for a while, to flip it, use it as an investment?

Okay. So something you can live in that doesn't have a yard that needs to be mowed. Got it. So that's going to help us look at this house goal against your entire financial picture. We got some of your details in advance. Thank you for sharing because we want to dig into it. Let's talk about income expenses and debt. Start with the debt because that's

Okay. So something you can live in that doesn't have a yard that needs to be mowed. Got it. So that's going to help us look at this house goal against your entire financial picture. We got some of your details in advance. Thank you for sharing because we want to dig into it. Let's talk about income expenses and debt. Start with the debt because that's

Okay. So something you can live in that doesn't have a yard that needs to be mowed. Got it. So that's going to help us look at this house goal against your entire financial picture. We got some of your details in advance. Thank you for sharing because we want to dig into it. Let's talk about income expenses and debt. Start with the debt because that's

Not the most fun, so let's just get it over with. You have $128,000 left on your mortgage on your townhouse, $285,000 on the other house, $20K in student loans, and that $35,000 HELOC or home equity line of credit balance. Am I right so far? Yep. So that, Sarah, is $468,000 in debt. Again, this isn't bad debt.

Not the most fun, so let's just get it over with. You have $128,000 left on your mortgage on your townhouse, $285,000 on the other house, $20K in student loans, and that $35,000 HELOC or home equity line of credit balance. Am I right so far? Yep. So that, Sarah, is $468,000 in debt. Again, this isn't bad debt.

Not the most fun, so let's just get it over with. You have $128,000 left on your mortgage on your townhouse, $285,000 on the other house, $20K in student loans, and that $35,000 HELOC or home equity line of credit balance. Am I right so far? Yep. So that, Sarah, is $468,000 in debt. Again, this isn't bad debt.