1662 FBF: Mortgage Questions, Appreciation vs Cash Flow & Contest Winner Announcement
Today's Flash Back Friday comes from Episode 1084, originally published in November 2018.
Jason Hartman starts today's episode by answering more of the mortgage FAQs that were started in episode 1083 that were spawned from the recent Profits in Paradise event. He looks at his idea of Refi Til Ya Die and what it takes to finance your first 10 properties. He also unveils the Ring Doorbell/Amazon Echo contest winner(s)!
Then Jason finishes his interview with client Drew Baker. This time the two tackle cryptocurrency, higher education, the investment landscape as it stands today, and the appreciation vs cash flow dilemma.
[4:22] You need to either create your own mastermind group or join one if you are looking to improve your lot in life
[10:09] Can you do a cash out refinance of your investment properties?
[13:18] If your credit score is over 720 you need to borrow more money (assuming that you're borrowing for investment purposes that is)
[15:42] Can you finance a primary residence regardless of how many investment properties you own?
[17:55] The Ring Doorbell/Amazon Echo contest winners
Drew Baker, Part 2
[21:37] A 1 world cryptocurrency would be terrifying and allow governments to inflate as much as they wanted
[26:25] The college tuition bubble
[29:24] What should investors be looking at today?
[35:02] People tend to look at appreciation over cash flow because it's "sexier"