Landlord or Seller: The Real Estate Landscape in 2024

by Jennifer Chino

In this episode of On The Market Podcast, we're diving deep into the world of property investment with the expertise of Chris Grizzell of NFM Lending, a seasoned mortgage and real estate professional.

With the ever-changing market dynamics and economic fluctuations, many homeowners face a critical problem: should they become landlords, or capitalize on the market and sell? We'll explore this question, gain valuable insights into the complexities of the real estate market in 2024, and uncover crucial considerations for both aspiring and seasoned investors.

Join us as we navigate the landscape of 2024's real estate market and the knowledge needed to make informed and profitable decisions.

00:00 Introduction

01:52 Rent or Sell? A Homeowner’s Dilemma Post Low-Interest Rate Era

03:04 Real Estate Investments: Understanding Multiple Mortgage Eligibility

04:48 Enhancing Your Chances of Qualifying for Multiple Mortgages

06:17 Tax Implications of Rental Income

10:30 The Right Choice: Refinancing or Maintaining Your Existing Mortgage

14:58 A Consultative Approach to Optimal Timing and Decision-Making

16:28 The Debt Impact with High and Low-Interest Rate Mortgages

20:40 Non-Contingent: Advice for Selling and Buying a New Home

22:36 Utilizing Bridge Loans with a Guaranteed Buy Program

25:40 Consumers Face Mounting Credit Card Debt with High-Interest Rates

27:08 Discussing the Different Mortgage Offers when Presenting Financing

Stahley Thompson Homes of TTR Sotheby's International Realty

Since 2010, the real estate advisors at Stahley Thompson Homes have ranked among the highest performing in the region, and are regarded for their integrity, professional service, and community leadership. The team produces extraordinary results for clients by leveraging proprietary global marketing, cutting-edge digital strategies, and the power of local expertise. Truly, this is the quintessential real estate brand.