Why I Don't Care About Rates

The most money I've seen made in real estate is in this order:

1. Number of properties owned

2. Value of each property

3. Tax structure

4. Rate

If you focus on rate, you can get stuck with a lender that will not allow you to buy more properties + limit your access to the equity when your property goes up in value.

The problem with a $200k property is when it goes up in value by 10%, you make $20k.  If you have a $2 million dollar property and it goes up 10%, you make $200k.  The questions becomes what lender will lend you the most amount of money?   

If you are employed then tax structures are generally limited.  If you are a sole proprietor you have some options.  If you have an operating company, the sky is the limit with what you can do.    

For example, I have a client who should be claiming $600k income to qualify.  Right now, I'm getting an approval based on $100k only.  This is due to how banks look at operating companies.  

In order to do all of the above, it all comes down to how you structure your lenders + how you structure your income.