All Forum Posts by: Vince Rodriguez

https://joefairless.com/podcas...

My episode with Joe Fairless is live! If anyone doesnt know, Joe is a legend in the industry and is super smart! 

https://www.biggerpockets.com/...

next event is live! make it count

Hello my real estate fam,

SEP will be Tax write offs and how RE can reduce your W2 income taxes

The event will be for new and seasoned investors looking to learn more either actively or passively investing in real estate in the current market.

things that will be discussed

-quick class on a relevant topic of choice, comment below if you want me talk on taxes, asset protection, structuring deals

- can you still invest in this market>?

- how to get started

- how to actively or passively invest in RE

- networking with other people

Let me know if you have any questions, feel free to post or message me anytime, we will have some of my friends who are in the game and own assets you can chat with and network

no services or mentorships will be pitched. This is purely for networking and getting everyone into the game of investing

-Vince

Link to my website

Hi @Serena Halterman and gang, Ill be there. I run the OC meetups in Costa Mesa every 1st wednesday which is actually today! if anyone is down!  lets connect soon! :) 

See you all tomorrow! message me if you get lost

See you all at the event tomorrow! same place ! link in the above post

@Stephanie P. yes rates fluctuate a lot, you are right. But thats my point, so use the lenders who offer lower rates. we are talking about agency debt, fannie freddie not portfolio loans like DSCR loans they are always more expensive, you only need those once your DTI is shot like mine is. I have 5 mortgages and my DTI is getting close to 50% there is absolutely no way I can keep doing these loans.

For this thread I don't believe any of the other loans are relevant, he should try to get the cheapest loan possible using agency debt. and at this point in time July/ Aug 2021 when interest rates are so cheap, why would you not try to get low 3s or mid 3s. I have one in GA as well. I have 11 mortgages in 3 cities and my highest rate is 3.875% and none of them are SFR , they are all investments.

1 point is 1% of your loan amount , for a 100k loan 1k in points 

I got 2 cash out refi done last month at 3.375% they were both investment and duplex and a triplex. In Bakersfield CA. If you are paying more than 3.875% you are pretty much getting scammed! :)

@Valerie K. sounds good, have a great trip. The events are 1st wednesday of every month! :)