Behind The Shine 9/29/23

    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: 7.875%

    FHA:   7.125%

    VA:  7.250%

    DSCR Investment: 8.625%

    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.

    Building wealth in real estate often follows two distinct pathways: equity and cashflow. These principles aren’t unique to real estate; they apply to all businesses. Equity is akin to the value a business would sell for, while cashflow represents the income it generates.

    If you lean toward the cashflow approach, it involves steadily paying down loans, ensuring financial stability, especially in your later years when priorities shift towards family and other pursuits. It’s a reliable, albeit less exciting path.

    On the flip side, the equity model offers scalability. Here, you have more control over the equity you build in your properties and portfolio. While cashflow relies on market variables, equity can be influenced through strategic investments, such as buying below market value, timing market fluctuations, or enhancing property value through renovations.

    Both routes have their merits, but understanding the distinction empowers you to choose the one that aligns best with your financial goals.

    Step into a vibrant community where like-minded individuals unite with a shared mission: to attain financial freedom through the dynamic world of real estate. Prepare for an immersive journey that transcends the ordinary, immersing you in an extraordinary realm that provides transformative tools, expert mentorship, and unwavering camaraderie among fellow pioneers.

    Whether you’re a seasoned pro scaling new heights or an eager learner in pursuit of wisdom, your unique path thrives within the Spartan League. Immerse yourself in personalized coaching, tailor-made strategies, and invaluable insider insights that promise to revolutionize your real estate approach.

    Embrace the relentless spirit of a Spartan, forge connections with fellow high-achievers, and embark on an evolutionary expedition into uncharted territories of success. With the Spartan League, we pave the way in pioneering new frontiers and reshaping the boundaries of real estate excellence. Join us as we collectively craft the future of financial prosperity.

    Check out this clip from one of our mastermind calls where we had on Raven Starr, a Hawaii Airbnb Super Host, and short-term and medium-term rental expert.

    I’m excited to announce that I’ll be hosting a FREE live Q&A session on October 5th at 1 PM PT, and I’d love for you to join me. This is your opportunity to ask me anything about real estate, investments, financial freedom, or whatever’s on your mind – in real time.

    Don’t miss out on this chance to connect, learn, and gain clarity on your path to financial success. See you there! Register here to secure your spot.

    In the world of real estate, every decision you make about where to allocate your resources serves a dual purpose: saving costs and boosting revenue. Finding the right balance between these goals is the key to smart property management.

    Personally, I lean towards the philosophy of investing in items that stand the test of time. For instance, I usually steer clear of carpeting in rentals and avoid items that might look great initially but wear out quickly. However, in the realm of short-term rentals, I’m more open to flexibility, especially if it enhances the guest experience and sets my property apart from the competition.

    So, whether you’re contemplating what to replace, what to upgrade, or what to invest in for your short-term rental, always view it through the lens of visual appeal. Remember, the images of your property play a pivotal role in attracting guests. It’s often the first thing they consider when deciding where to book.

    Keep this perspective in mind as you make decisions in your real estate journey, and you’ll find your choices aligning with both your budget and your revenue goals.

    If you’re dreaming of owning a home but struggling to save up for a down payment, you might have heard about Zillow’s new 1% Down Payment program. It’s making waves in the real estate world, especially as the housing affordability crisis continues to grow.

    Zillow Home Loans has introduced this program in Arizona, with plans to expand it to other markets. At first glance, it seems like an incredible solution to one of the biggest barriers for potential homebuyers – the down payment. But, as with many things in life, there’s more to it than meets the eye.

    Low down payment mortgages can be a double-edged sword. While they might sound enticing, they often come with risks that buyers need to be aware of. In many cases, the provider isn’t necessarily looking out for your best interests; they’re more focused on their own gains.

    To read my full blog post on this, click here!

    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!

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