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

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

FromThe Rich Somers Report


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

FromThe Rich Somers Report

ratings:
Length:
45 minutes
Released:
Jul 13, 2023
Format:
Podcast episode

Description

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 Investing”, and where they predict things will settle down in Q3 & Q4.Dustin and Jonathan are the owners of Convoy Home Loans, the #5 ranked broker for Non Qm in the nation and #6 overall volume broker in the nation. When they started Convoy, they made it a purpose to have programs that catered to investors and clients of higher net worth. They grew their brokerage in the last 2.5 years and have funded over $1 billion in loans as a team. Dustin and Jonathan are the company’s owners but also the top producers. Their goal this year is to expand the company further and take advantage of the slower market by capturing as much market share as possible. They're passionate about helping investors grow their portfolios using creative financing options.Connect with Jonathan & Dustin on Instagram: @convoy_homeloans --Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
Released:
Jul 13, 2023
Format:
Podcast episode

Titles in the series (100)

Join host Rich Somers, as he interviews top real estate investors, entrepreneurs, and athletes from all over the world to discuss all things real estate, business, and wealth related. His first guests include Tarek El Moussa - real estate investor & TV personality, and Cliff Avril - former Seattle Seahawks player & Super Bowl XLVIII Champion. Rich is an active real estate investor and entrepreneur holding a portfolio of apartment buildings, boutique hotels, and short-term rentals valued in excess of $50M. He was an air traffic controller for the government for 11 years, and cashed out his 401k to get his start in real estate investing. Connect with Rich on Instagram: @rich_somers