Jason Hartman and Adam tackle several issues in today’s episode, including the potential of Fannie Mae and Freddie Mac returning to a private company, why it can be dangerous to invest in condos and why Jason would allow a lender from Wells Fargo to come to his events. Hear about this and several other current events of the day, as well as the April edition of the mortgage update. Adam interviews Joe the Lender and found out what investors can expect for their loans, the reserves you need to buy homes and more.
[3:06] Trump has signed a memo to consider ending the government conservatorship of Fannie and Freddie and allow them to return to private companies
[7:59] You can be self-reliant and not like government handouts, and think philosophically that things are wrong, but in practice sometimes you should take advantage of the situation
[11:19] Why Jason doesn’t like investing in condos
[15:40] Jason’s journey on The Goodyear Blimp
[19:06] Why Jason allowed a Wells Fargo lender to come to his events recently
[21:38] “Kneejerk Capitalism”
Adam’s April Mortgage Update:
[23:59] What rate can investors be expecting in today’s market?
[29:13] Reserves needed when seeking a Fannie or Freddie backed mortgage