I guess I have to admit it, I got spoiled by the low interest rates.

I just got my second financing quote today and ouch oh and even oweeeeie. I am getting beat up by both of them.

I have a fair priced place that has been on again, off again, on again. I am getting rate quotes between 7.25% and 7.75%.

The Cap Rate on this thing is 6.4% but can be raised to 6.66% if I offer all cash and a quick close. I have the cash, but then I will want convert most of the money pulled from my LOCs to fixed rate loans....that is where the 7s rate number coming in at. That doesn't excite me all that much.

I understand things from a historic perspective. I have had rates much higher than mid 7's. But when you are coming from the rate I had, to this one - sticker shock happens. Sorta sad that I had to give up that 3.75% rate when I sold the other place.

It does hurt when you get used to things a certain way and then there are drastic changes.

Borrowers like low rates, savers like high rates. As we have no debt, I’m loving the higher rates. I’ve loaded up in my portfolio on FDIC insured CDs in ladder format. The biggest problem I have is that anything over 5 years is not call-protected. The other obvious problem is inflation…5% gains with 7% inflation is not a good outcome.

Historical average for home mortgage is around 6 percent. Non owner occupied is higher. Last 18 years have been crazy low. Late 70s mortgage was as high as 18 percent. Buckle up, it's going to get bumpy!!

Jason has the correct attitude for higher (but still historically low) rates. Now is the time to make interest rather than buy cheap.

My mortgage on my first personal residence was 8%, and that was considered a good rate at the time for a 30-year fixed rate mortgage ... in 1999!

If the banks are loaning at 7%... then private lenders should have no problem lending / financing in the 10-12% range. Higher for those with "spotty" credit or lacking collateral.

ARM loans are part of the game for many investors, so the key is to hedge against them by purchasing assets that increase in value as rates rise. What's one way to do this?

A personal home with a mortgage rate that is BELOW the rate of inflation is one method. If your home loan is 6% and inflation is 10%, you're making the spread of 4%, which covers your "loss" if your ARM on a rental adjusts upward less than 4%.

As investors, our job is to prosper in any market. Rates are low? Buy. Rates are high? Sell or owner finance.

Can't get ahead if you're only winning 50% of the time.

I did a refi last year on three dupes. Rate is 6.13% for a 30 year fixed. I have two more just like those that still have ARMs.

Most of my commercial loans right now are 4-4.6 percent.

So a $1m 25 year note @ 4.5% is 5,558.32 a month

@ 7% its 7,067.79

Does paying an extra $1,509.47 a month for a few years until rates come down suck? Yep! But look at it this way, your tenants are paying it not you and its temporary.