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The Rich Somers Report

Where Interest Rates Are Headed & Lending Market Update | Jonathan Yoo and Dustin Rosenberg E65

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5910 Ratings

🗓️ 13 July 2023

⏱️ 45 minutes

🧾️ Download transcript

Summary

On today’s episode, Rich sits down for a conversation with Jonathan Yoo and Dustin Rosenberg of Convoy Home Loans. They do a deep dive into what’s going on in the market and the current interest rate environment. They discuss unemployment numbers & large company layoffs, tips for investors looking to get a DSCR loan, and some insight on how to make your appraisal process go smoothly. They also talk about different lending options for ADU’s, Rich’s “3 Immutable Laws of Real Estate Investin...

Transcript

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0:00.0

people are still outbidding each other like we were talking about.

0:03.0

You know, they're still writing offers that are beyond, right?

0:06.5

So it's a tougher market to write offers in,

0:09.5

but if you stick to it and you find the right deal and you're writing great deals then I think you're

0:13.9

going to find one.

0:16.2

Welcome to the Rich Drummers report where we talk real estate, business and wealth

0:19.8

building all while keeping it real.

0:21.6

No fluff, no BS. I hope that you enjoy the show.

0:29.7

All right guys, welcome to another episode of the reports.

0:33.2

Today we are live in the studio

0:35.2

and I got my first repeat guest, actually repeat guests.

0:39.7

They came on early in January,

0:41.8

and I brought them on to jump in and discuss the interest

0:45.2

rate environment we got a lot of news a lot of moving pieces in the market so

0:49.1

I wanted to touch base Jonathan Yo and Dustin Rosenberg.

0:53.4

Welcome back boys.

0:54.4

Thanks, Kretsch, how you done?

0:56.0

Thanks for having us back on.

0:57.2

It's good to be back.

0:58.0

Yeah, I appreciate you guys coming down and taking the time.

1:01.1

There's a lot of volatility right now

1:02.4

with the rate environment, but I wanted to

...

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