Behind The Shine 11/3/23

    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: 8.125%

    FHA: 7.250%

    VA: 7.250%

    DSCR Investment: 9.000%

    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 to speak to one of our loan officers.

    In the world of real estate investing, cash flow is often the star of the show for beginners. It’s the talk of the town, the subject of countless conversations, and the holy grail of financial independence. But have you ever noticed that as you progress in your real estate journey, the dialogue gradually shifts away from this fixation on cash flow?

    Now, don’t get me wrong, cash flow is vital – it’s the lifeblood of any real estate venture. However, the more seasoned investors among us, those who have navigated the path to success, tend to discuss it differently. It’s not that cash flow becomes irrelevant, but it no longer dominates every discussion.

    Why is that? Well, it’s because of the influencers, the gurus, the ones peddling courses and seminars. They need to sell you that cash flow is the golden ticket to escaping your day job, impressing your significant other, winning your dog’s affection, and cruising on yachts with glamorous people. In short, they connect cash flow with all sorts of perks that may not be your primary reasons for seeking financial independence.

    So, remember, while cash flow is essential, it’s not the only player in the game. As you advance on your journey, don’t be blinded by the allure of quick riches. Instead, focus on building a well-rounded approach to financial independence. It’s not just about cash flow; it’s about creating lasting wealth and security.

    Feared by their adversaries, and revered by those they confronted, the Spartans stood as an elite force. Renowned for their unwavering commitment to safeguarding comrades, an unquenchable determination to achieve objectives, and a relentless pursuit of excellence.

    Say hello to the Spartan League, an exclusive community of exceptional individuals deeply passionate about real estate investing and finance.

    Designed to strategize, exchange profound insights, and forge indomitable bonds, it serves as a rallying point for those ready to conquer their market, master their impulses, and establish dominance within the industry.

    Join our ranks today and become a part of a fellowship of champions, much like the valorous warriors of ancient Sparta.

    If you’re prepared to elevate your real estate investment and financial prowess, enlist now to access the tools of financial strategy and secure your position among the financial elite.

    Check out this clip from one of our recent mastermind calls where David talks about the mindset you need when investing today.

    Real estate investing combines both art and science. Over the past five years, a common strategy has been to use a formula that combines Net Operating Income (NOI) and the capitalization rate (cap rate) to create value in properties. However, the unexpected rapid tripling of interest rates had a massive impact on cap rates.

    Even if you executed your property management perfectly, the higher interest rates made refinancing challenging, and potential buyers for your property dwindled due to the cap rate dilemma.

    In this context, conservative underwriting becomes a winning strategy. Some investors who held off during the last five years, concerned about rising rates, are now seeing the wisdom of their choice. Those who invested wisely during this period, particularly if they secured long-term fixed rates, are in a strong position.

    This reminds us that conservative underwriting, though not as glamorous, is a smart approach. While big acquisitions often grab headlines, stories about managing properties when rates soar are equally important. It underscores the value of preparedness and embracing conservative financial strategies in real estate investing.

    My latest book, “Pillars of Wealth: How to Make, Save, and Invest Your Way to Financial Freedom,” is now on the shelves! This book represents the culmination of my years of experience in real estate, finance, and wealth-building, and I’m eager to share it with you.

    In “Pillars of Wealth,” you’ll explore:

    Proven Strategies: Discover time-tested methods to make, save, and invest your money wisely, regardless of where you stand on your financial journey.

    Real-Life Stories: Gain insights from the journeys of individuals who have achieved financial freedom, learning from their real-life experiences.

    Actionable Advice: Find practical tips and guidance that you can put into practice right away to kickstart your wealth-building endeavors.

    Whether you’re at the beginning of your financial journey or well into it, this book offers valuable insights. I’ve invested my heart and soul into this project, and I believe it can have a significant impact on your financial future. Don’t forget to share your thoughts with a review!

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