Real Estate Investors: STOP Making this MISTAKE!

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Build Wealth Workshop - October 2024
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Jerome Maldonado is a 25+ year real estate developer, investor, and author. With a staggering $600 million portfolio under his belt and on track to hit $1 billion by 2025, Maldonado is a titan shaping the contours of property investment. Over the last four years, he has molded $247 million in multifamily assets, solidifying more than 1,100 doors. He specializes in real estate development, and teaches his students how to develop single family homes, multifamily complexes, and entitle land to sell to developers (or develop themselves!). Jerome also owns multiple 7, 8, and 9-figure businesses including a construction company and a realty company, founded in 1998 and 2000.
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--DISCLAIMER-- The suggestions, advice, and/or opinions that are given by Jerome Maldonado are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Jerome Maldonado and Jerome Maldonado brands harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by Jerome Maldonado as a perspective based upon experience.

Опубликовано:

15 сен 2024

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Комментарии : 19

@chrisbarnett6180 Месяц назад

This is nothing but gems...Thanks Jerome

@jeromemaldonado Месяц назад

@@chrisbarnett6180 Blessed

@JesseWatford-qe9sv 2 месяца назад

With copytrading, you could be sipping coffee on a balcony overlooking a bustling city skyline or lounging on a pristine beach, all while your investments work for you. Picture the freedom to pursue your passions, travel the world, and create lasting memories with your loved ones, all because you took the initiative to harness the power of copytrading and build the life you've always dreamed of.

@WaltRsDave-cs4zc 2 месяца назад

I'm celebrating a $30k stock portfolio today. started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me just one of the things copy tradee can do.

@SarahGetronBless-yk8sy 2 месяца назад

Do you invest with a professional broker? I'd appreciate it if you show me how to go about it.

@JesseWatford-qe9sv 2 месяца назад

Can't share much here, I take guidance from ‘Sophia E Haney’ a renowned figure in her industry with over two decades of work experience. I'd suggest you research her further on the web.

@JesseWatford-qe9sv 2 месяца назад

Use her name to quickly conduct an internet search.

@JesseWatford-qe9sv 2 месяца назад

SHE’S MOSTLY ON TELEGRAMS APPS WITH HER NAME.

@stephensfriends7125 2 месяца назад

Thanks Jerome for showing this, you're awesome brother

@hexamillion693 2 месяца назад

High Value Contrnt. Thanks

@Infinitysworld24 2 месяца назад

❤🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢

@JorgeGomez-vm6ff 2 месяца назад

You're correct that generally, one discount point typically reduces the interest rate by 0.25% (or 1/4 of a percentage point). This, however, can vary based on the lender's policies and current market conditions. To illustrate this, let's use the assumption that each discount point reduces the interest rate by 0.25%. ### Steps to Calculate the Cost 1. **Determine the Interest Rate Reduction Needed**: - Original interest rate: 6.75% - Desired interest rate: 4.75% - Reduction needed: 6.75% - 4.75% = 2.00% 2. **Calculate the Number of Points Required**: - Each point reduces the rate by 0.25%. - Total points needed = Total reduction / Reduction per point = 2.00% / 0.25% = 8 points. 3. **Determine the Loan Amount**: - Let's assume you're financing the entire purchase price (no down payment for simplicity): $750,000. 4. **Calculate the Cost of Points**: - Each point is 1% of the loan amount. - Cost per point = 1% of $750,000 = $7,500. - Total cost for 8 points = 8 * $7,500 = $60,000. Therefore, you would need to pay approximately $60,000 in discount points to reduce the interest rate from 6.75% to 4.75% on a $750,000 mortgage. Keep in mind that these calculations are based on the assumption that one discount point reduces the rate by 0.25%. You should check with your lender for the exact rate reduction per point, as it may vary.