Ep 21: How a Property Seller Can Get You a Lower Interest Rate Artwork

The Laddercast

The Laddercast is a female-forward real estate podcast. Sorcha + Shannon aim to educate how getting on the Property Ladder by owning just one home can change lives. We go in depth into real estate investing using methods available to everyone. This is a how-to podcast for real people. We will teach and guide you how to successfully own one or more residential homes and if you want to, move up into multi-family properties. Leverage your assets, change your life. Sorcha Porter with Tiny Empire Group at Living Room Realty, Oregon Real Estate License #201244211. Shannon McAlister NMLS 885982

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The Laddercast

Ep 21: How a Property Seller Can Get You a Lower Interest Rate

August 02, 2023 • Sorcha Porter + Shannon McAlister • Season 2 • Episode 21

Interest rates are a little higher than we're used to and it's making some people rethink purchasing a home. What if you could negotiate a lower rate paid by the seller? Sorcha and Shannon take you through the magical 2/1 Buydown. Learn how you can lower your interest rate by 2% in the first year of your mortgage to help you get into your first investment property. We go over a real life example of a 2/1 client and how he used that to save $650/mo on his first duplex.

The Laddercast hosts are real estate owners and industry professionals in Portland, Oregon:

Sorcha Porter, an Oregon Licensed Real Estate Agent, sold a primary residence for a profit and used that gain to change her life's trajectory and travel the world.
Shannon McAlister, a nationally licensed mortgage lender, NMLS 885982, learned how to do mortgages from an investor who owned 50+ properties; she now owns investment property and teaches other people how to become successful real estate owners.

We made a podcast! The Laddercast is geared towards helping women get into real estate. We believe there is power in homeownership and have seen firsthand the the amazing changes that can happen when you buy JUST ONE HOME. Follow along with us as we tell you our stories of buying our first houses, next houses, investment properties and give you all the tips and tricks you need to know when considering getting on the Property Ladder.

We will explore the many different paths, ways and journeys people take to getting on the Property Ladder.

Have questions, want more information, or want to work with us? Reach out to us at https://theladdercast.com/

The views and opinions expressed in this podcast are solely those of the Podcast authors, hosts or guests of the Podcast. The thoughts and topics shared on this Podcast are intended to be informational and a helpful tool for you to start thinking about how to invest in real estate. There is no one right or wrong way to be a real estate investor. In no way do the thoughts, ideas or recommendations in this Podcast constitute professional consultation or legal advice. Do your research, consult with professionals and make sound choices based on facts and data.

Everything you are about to hear on this podcast are our the thoughts and opinions. They do not constitute a pre-approval, legal advice or realtor/client advice. We’re simply here to provide information and education to get you thinking about what getting on the Property Ladder could do for you and ways in which you might consider doing that. If you do want to become a client of ours, feel free to contact us through our website to start that process.

Sorcha Porter with Tiny Empire Group at Living Room Realty, License #201244211

Shannon McAlister, ENG Lending, NMLS 885982

https://theladdercast.com/

People on this episode

Shannon McAlister

Co-host

Sorcha Porter

Co-host