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EP 187 - Consumer Debt Concerns, Increase in Underwater Sellers, Can Rent Keep Rising?

Collecting Keys - Real Estate Investing Podcast

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The Problem With First Time Homebuyers

A lot of those first time homebuyer houses, I mean, I was listing some of them. They were not in great condition. And people barely, they could barely afford them. That's the big problem is like the bank doesn't give a shit about the condition house. The only thing that they care about is reserves to pay their mortgage. In reality, you should be like, we'll give you a 0% down loan, but you have to have 5% of the property in an account for maintenance.

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