Jason begins this episode with a somber reminder of the importance of questioning authority, not taking things at face value (especially, if reported by the mainstream media) and doing your own research before coming to a conclusion stemming from his experience during the tragic terror event in Las Vegas. He then concludes his interview with a new lender, Shannon. Shannon describes new financing options available how lenders use debt-to-income ratios and who will benefit from a softening of Dodd-Frank.
Key Takeaways:
[01:12] Jason reflects on the tragic event at the Mandalay Bay hotel in Vegas.
[07:17] Meet the Masters Speaker announcement.
New Lender Interview Part 2:
[09:11] LTV ratios, rates and terms for new financing options.
[12:22] A market shift will likely only affect cyclical real estate markets.
[16:42] Bank statement loans require 12 to 24 months of an applicant's bank statements to qualify.
[19:55] Debt-to-Income (DTI) ratio explained.
Mentioned in This Episode:
Jason Hartman
Meet the Masters of Income Property Event
Real Estate Tools
Venture Alliance Mastermind
Creating Wealth Real Estate Investing with Jason Hartman