Get a 3% Mortgage Discount on Florida New Construction Properties (Single, Duplex, Quads) | PREI 452
Passive Real Estate Investing
Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.
4.6 • 968 Ratings
🗓️ 22 November 2023
⏱️ 29 minutes
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| 0:00.0 | Welcome to passive real estate investing, the show where busy people like you learn |
| 0:05.2 | how to build substantial passive income while creating wealth for the long term. |
| 0:09.2 | And now here's your host, Marco Santorelli. |
| 0:12.3 | Welcome to passive real estate investing. Now here's your host, Marco Santorelli's. |
| 0:13.1 | Welcome to passive real estate investing. |
| 0:15.0 | I'm your host, Marco Santorelli, |
| 0:16.7 | and we have an exciting episode today. |
| 0:18.8 | Why? |
| 0:19.2 | Because we've been watching mortgage rates go up. |
| 0:21.7 | And guess what? They keep going up and they haven't really come back down. |
| 0:24.6 | So wouldn't it be nice to be able to get mortgage rates that were around 6% or maybe 5.5% |
| 0:30.0 | or even lower? |
| 0:30.8 | Well, I know you want that because it just adds to the cash flow of the property |
| 0:35.6 | and it just makes it more attractive. Yet we got spoiled at 3% and then, you know, we had that |
| 0:41.4 | for a long, long time and markets change. You know, had that for a long long time and markets change you know real estate is like a pendulum it swings one way then it swings the other |
| 0:47.4 | inventory goes up and inventory goes down mortgage rates go up mortgage rates goes down |
| 0:50.9 | Things are constantly changing and so the only |
| 0:53.5 | constant is change. But I have something pretty exciting for you here today and I |
| 0:57.7 | have a great great guest, a friend of mine and one of our multi-city builders. |
| 1:01.6 | He was telling me about some very special mortgage financing |
| 1:05.1 | that he was able to put together and negotiate |
| 1:07.8 | for the product line that they build |
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