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    Behind The Shine 10/6/23

    Get ready for the latest updates on loan rates that will empower you to make informed decisions in the dynamic world of real estate financing.

    No matter if you’re a homeowner, a first-time buyer, or a savvy real estate investor, staying up-to-date with current loan rates is essential. In this week’s update, we turn our focus to rates specifically tailored for primary residences in California, featuring a 20% down payment, $500,000 purchase price, a 30-year fixed term, LPC. The DSCR rate is tailored for an investment in California, featuring a 20% down payment, a 30-year-fixed-term, BPC. Are you ready to dive into the details? Let’s explore the rates for conventional, FHA, VA, and DSCR Investment loans, providing you with the insights you need to navigate the financing landscape effectively.

    Conventional: 8.375%

    FHA:   7.490%

    VA:  7.490%

    DSCR Investment: 8.750%

    If you’re in the market for a loan and need assistance, our team at The One Brokerage is here to help. Visit our website here to explore our loan options and find the right financing solution for your real estate goals and email us at intake@theonebrokerage.com to speak to one of our loan officers.

    In the journey towards financial freedom, it’s essential to remember that sometimes, taking the safe and conventional path may not lead to the desired destination. Safety doesn’t always equate to success.

    While this doesn’t imply recklessness, it underscores the importance of not assuming that conservative or cautious approaches guarantee prosperity. In some instances, such as financial independence, playing it overly safe can actually hinder progress.

    Consider this scenario: Individuals who remain steadfast on their current financial path, characterized by caution and avoiding calculated risks, might find themselves working longer than they anticipated. Financial freedom could remain elusive if they don’t explore alternative strategies.

    The key takeaway here is to strike a balance between prudence and calculated risk-taking. It’s about finding opportunities that align with your goals and being open to different approaches. Sometimes, the road less traveled, though seemingly riskier, can be the quickest route to your financial aspirations.

    Enter a robust community where resolute individuals converge with a shared mission: to conquer financial independence through the dynamic realm of real estate. Prepare for an immersive journey that transcends mediocrity, immersing you in a realm of transformational tools, expert guidance, and unwavering unity among fellow trailblazers.

    Whether you’re a seasoned pro scaling new summits or a tenacious learner seeking enlightenment, your distinct journey thrives within the Spartan League. Immerse yourself in rigorous coaching, precision-crafted strategies, and invaluable insider insights that pledge to reshape your real estate approach.

    Embrace the unyielding spirit of a Spartan, form bonds with fellow high-achievers, and embark on a relentless expedition into uncharted territories of prosperity. With the Spartan League, we lead the way in pioneering unexplored frontiers and redefining the limits of real estate excellence. Join us and seize your destiny in the pursuit of financial mastery.

    Check out this clip from one of our mastermind calls where we talked about handling challenging situations.

    Many folks focus on the total interest paid when refinancing a property over 30 years. This makes sense when you’re using the funds for non-investment purposes like a vacation or a car. You want to know how much it’s costing you in the long run.

    But, if you’re reinvesting the money, shift your perspective. Ask, “How much am I spending over 30 years to borrow it versus how much am I making by reinvesting it?” The potential returns from wise reinvestment often far outweigh the interest paid. So, don’t just wonder about the cost; think about the potential gains.

    Embark on a transformative journey towards financial freedom with my upcoming book, “Pillars of Wealth: How to Make, Save, & Invest Your Money to Achieve Financial Freedom.” When you pre-order your copy before October 17th, you gain access to exclusive pre-order bonuses:

    🎁 FREE 4-part series of LIVE coaching calls directly with me 

    🎁 FREE Wealth Cake Recipe

    🎁 FREE Worksheet: Building Your Pillars of Wealth

    🎁 PLUS, 1 pre-order will win a 1:1 coaching call with me to be recorded and aired on the Real Estate Podcast!

    Check out my new YouTube video, “Short Term Tenant Nightmare: Is this the future of AirBNB?” here!

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