Podcasts about down payments

Alex Maldonado reveals a strategy many first-time buyers (and even agents) overlook: using seller and lender credits to help cover closing costs. Alex explains how he helps buyers who have saved for a down payment but are still short on the cash needed to close, and how he structures offers so those credits don't automatically make them less competitive. He also breaks down how he generates leads through targeted marketing, SEO, bilingual content, and AI, and why becoming a better salesperson may be more valuable than simply making more calls. Alex is offering a free marketing audit to a limited number of agents here. If you'd prefer to watch this interview, click here to view on YouTube! Chris Maldonado can be reached at 13239907819. This episode is brought to you by RealGeeks and Courted.io.

How to Deal with the Affordability Crisis | DownPayment The Podcast for Used Car Dealers S5 E77There is an affordability crisis in the used car industry! The price of used cars is going up and the lending options are shrinking. It is a huge risk to the industry. Buy Here Pay Here is threatened by this crisis, as are so many of the other things we do in the business. The price of cars is becoming catastrophicaly high. Let's find out how you can deal with this crisis and how you can advocate for your own dealership and the whole industry. Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #affordability #affordabilitycrisis #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

In episode 202 of 'On the Whorizon' SWCEO founder and host MelRose Michaels covers the part of selling that never fits into a scripts video: what it does to you to be told no, over and over, by people you know.The money in this industry moved from a place where nobody had to answer us to a place where everybody does. Subscriptions were passive. DMs, customs, PPV and video calls are individual asks, and each one can end in a no or in silence. MelRose walks through the four signs rejection is quietly running your business, including discounting before anyone objects and shrinking your ask until it is easy to survive.MelRose is not a doctor and nothing in this episode is medical advice. If rejection has started affecting how you feel about yourself outside your business, please talk to someone qualified.

Learn how to escape a timeshare contract, plus what kind of help exists if you want to buy a home. How do you get out of a timeshare you no longer want? Elizabeth Ayoola talks with travel Nerd Craig Joseph about a listener whose parents are paying yearly fees on an Orlando property they can barely use anymore. You'll hear why these timeshare contracts are so hard to unwind, what maintenance fees tend to run, and why there's often no cap on how fast they climb. Then, can you really get free money to buy a house? Sean Pyles, CFP®, Elizabeth Ayoola and senior news writer Anna Helhoski are joined by mortgage Nerds Abby Badach Doyle and Kate Wood to discuss how down payment and closing cost assistance works, and how to tell a good deal from an expensive one. They get into where the thousands of programs come from, how a grant differs from a forgivable loan or a second mortgage, and one place homebuying help is starting to appear that you might not expect. Want to get rid of your timeshare? Read this before you hire someone to help: https://consumer.ftc.gov/consumer-alerts/2022/11/want-get-rid-your-timeshare-read-you-hire-someone-help Links mentioned in this episode: How Timeshare Presentations Earn Me Cheap Travel: https://www.nerdwallet.com/travel/learn/how-timeshare-presentations-earn-me-cheap-travel Are Timeshares Worth It? Possibly, if You Buy Smart: https://www.nerdwallet.com/travel/learn/are-timeshares-worth-it Want to get rid of your timeshare? Read this before you hire someone to help: https://consumer.ftc.gov/consumer-alerts/2022/11/want-get-rid-your-timeshare-read-you-hire-someone-help Enter for a chance to win a $250 Amazon gift card — and help us improve our show — by taking our listener survey! Find the survey and official sweepstakes rules here: https://docs.google.com/forms/d/e/1FAIpQLSettbeI0yDf8tLt_Q772StVJoWs_Gm-pWa-gSn2fdWEc0XcOw/viewform?usp=sharing&ouid=102666646608198254961  Subscribe to our podcast's free email newsletter for bonus content and more from our hosts at https://smartmoney-nerdwallet.beehiiv.com/  Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header Smart Money's YouTube Channel: https://youtube.com/@nerdwalletsmartmoney To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend. *The show notes were created with the assistance of AI. They have been reviewed by our editorial team for accuracy and quality. Learn more about your ad choices. Visit megaphone.fm/adchoices

How to Deal with Pressure in your Dealership | DownPayment The Podcast for Used Car Dealers S5 E76Pressure. It's a part of the industry. The car business if full of it. How can you as a boss reset and avoid the pressure becoming part of your dealerships culture? Let's find out how you can avoid the pressure trap and become a better boss. Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

Your Down Payment Is NOT Enough: The Real Cost of Buying a Rental Property You saved the 20% down payment. You found the property. You got the mortgage. You're ready to buy. Not quite. On today's Canadian Real Estate Investing Morning Show, Wayne and Gabby break down the costs investors often forget when budgeting for their first rental property. Using a hypothetical $500,000 legal suited house, they show why an investor who thinks they need $100,000 may realistically want closer to $116,000 to $117,000 available before closing. The difference comes from expenses that are not necessarily hidden, but are very easy to forget. The $500,000 Rental Property Example Assume you're buying a $500,000 house with a legal basement suite. At 20% down: Down payment: $100,000 Most new investors stop there. But the down payment is only one part of the cash required. Before buying, Wayne and Gabby say investors should also think about: Appraisal Home inspection Sewer scope Legal fees Title insurance or related closing costs Property tax adjustments Immediate repairs Cleaning Furnace and duct servicing Yard cleanup Reserve funds These seemingly smaller costs can quickly add thousands of dollars to the amount required. Appraisal Mortgage lenders commonly require an appraisal to confirm the property supports the value being financed. Wayne and Gabby suggest budgeting roughly: $300–$500 depending on the lender and property. Sometimes the investor does not even notice the cost because it appears through closing adjustments or is withdrawn separately. But you are still paying for it. Home Inspection Wayne and Gabby strongly recommend having the property professionally inspected. For the suited-house example discussed today, they suggest budgeting approximately: $600 A good inspector evaluates the major systems and components of the property, including: Roof Attic Foundation Plumbing Electrical HVAC Appliances Moisture Smoke detectors Doors Flooring Exterior components The inspection also gives you a roadmap of items that may need attention immediately after possession. Sewer Scope This is one Wayne strongly recommends. For an older residential property, he suggests having the sewer line inspected with a camera. Budget approximately: $250–$300 Why? Because a sewer replacement can be extremely expensive. Wayne and Gabby discuss a previous replacement that cost approximately $15,000 before additional related work. A few hundred dollars spent investigating the line can uncover a potentially very expensive problem before closing. Legal Fees Legal costs are another expense investors sometimes underestimate. Depending on the transaction and legal team, Wayne and Gabby suggest costs may range from roughly: $1,500 to $2,000+ Wayne's approach is not to select a lawyer based solely on price. A straightforward transaction is straightforward until something goes wrong. That is when having the right professional matters. Title Insurance and Closing Adjustments Depending on the property and province, investors may also encounter costs such as title insurance. Property tax adjustments are another common surprise. If the seller has already paid property taxes for a period after your possession date, the seller is credited for that amount at closing. That increases the cash you need to bring to the lawyer. The Property Will Probably Need Something Wayne says almost every property they buy requires immediate work after possession. Not necessarily a major renovation. It could be: Expired smoke detectors. Doors that do not close properly. Loose baseboards. A leaking shower diverter. A thermostat that is not mounted correctly. A furnace that has not been serviced. A damaged closet door. Minor plumbing or electrical issues. Individually, these may seem small. Together, they add up quickly. Wayne and Gabby typically budget: $2,000–$3,000 per property for immediate repairs and maintenance. Don't Defer Everything One mistake investors make is saying: "It's not that bad. I'll deal with it later." But deferred maintenance eventually becomes your problem. Wayne and Gabby prefer to fix smaller issues before placing a new tenant whenever possible. That provides a safer, cleaner and better-maintained property for the tenant while reducing the likelihood of emergency service calls later. Cleaning, Furnaces and Landscaping Other costs investors can easily overlook include: Professional cleaning. Furnace servicing. Duct cleaning. Gutter cleaning. Landscaping. Lawn cleanup. These expenses can add hundreds or even thousands more depending on the condition of the property. When Wayne and Gabby added the potential acquisition-related costs together in today's example, they reached approximately: $6,750 beyond the down payment. And there is still one more major item. The Reserve Fund Wayne considers this one of the most important systems an investor can put in place. Start every rental property with a cash reserve. His recommendation: Three months of rent on day one. If the suited house rents for approximately $3,000 per month total, that means starting with: $9,000 in reserves. Then continue depositing some or all of the property's monthly cash flow into that reserve. The reserve grows. Then when something breaks, you use the property's money to fix it. A washing machine fails? Reserve. Furnace repair? Reserve. Vacancy? Reserve. Lower rents? Reserve. The goal is to operate the rental like a business instead of relying on your personal chequing account whenever something goes wrong. $100,000 Becomes $116,750 In today's example: Purchase price: $500,000 20% down payment: $100,000 Potential additional acquisition and repair costs: approximately $6,750 Starting reserve: $9,000 Total amount to consider budgeting: Approximately $115,750–$116,750, depending on the final costs and repairs. The exact number will vary from property to property. The lesson is what matters: Do not save exactly enough for the down payment and assume you are ready to buy. REI Masters Mentorship Promotion Wayne and Gabby also announced a major REI Masters Mentorship offer. Anyone who joins before October 3, 2026 receives: 24 months of mentorship for the price of 12. The program includes: Direct coaching from Wayne and Gabby Weekly coaching sessions Courses and resources Strategy development Personalized roadmap Deal support Access to the REI Masters community The offer also includes entry to the upcoming REI Masters Retreat. Learn more: www.reimasters.ca The 5% Rule™ Want to understand how much cash flow your rental property should produce? Search: The 5% Rule by Wayne Hillier on Amazon. Watch the Morning Show Join Wayne and Gabby every weekday morning at 7:00 AM Mountain Time on YouTube. Follow Wayne Hillier – Real Estate Investing Coach on YouTube. Questions: info@reimorningshow.com Sponsors Calvin Realty – Edmonton Investor-Focused Realtor Team www.calvinrealty.ca Finngo Bookkeeping & Tax Specialized bookkeeping and tax services for Canadian real estate investors. www.finngo.com/rei Kirkwood & Brennan Mortgage Group Investor-focused mortgage planning for Canadian real estate investors. www.kbmortgages.ca keaton@kbmortgages.ca

Your Down Payment Is NOT Enough: The Real Cost of Buying a Rental Property You saved the 20% down payment. You found the property. You got the mortgage. You're ready to buy. Not quite. On today's Canadian Real Estate Investing Morning Show, Wayne and Gabby break down the costs investors often forget when budgeting for their first rental property. Using a hypothetical $500,000 legal suited house, they show why an investor who thinks they need $100,000 may realistically want closer to $116,000 to $117,000 available before closing. The difference comes from expenses that are not necessarily hidden, but are very easy to forget. The $500,000 Rental Property Example Assume you're buying a $500,000 house with a legal basement suite. At 20% down: Down payment: $100,000 Most new investors stop there. But the down payment is only one part of the cash required. Before buying, Wayne and Gabby say investors should also think about: Appraisal Home inspection Sewer scope Legal fees Title insurance or related closing costs Property tax adjustments Immediate repairs Cleaning Furnace and duct servicing Yard cleanup Reserve funds These seemingly smaller costs can quickly add thousands of dollars to the amount required. Appraisal Mortgage lenders commonly require an appraisal to confirm the property supports the value being financed. Wayne and Gabby suggest budgeting roughly: $300–$500 depending on the lender and property. Sometimes the investor does not even notice the cost because it appears through closing adjustments or is withdrawn separately. But you are still paying for it. Home Inspection Wayne and Gabby strongly recommend having the property professionally inspected. For the suited-house example discussed today, they suggest budgeting approximately: $600 A good inspector evaluates the major systems and components of the property, including: Roof Attic Foundation Plumbing Electrical HVAC Appliances Moisture Smoke detectors Doors Flooring Exterior components The inspection also gives you a roadmap of items that may need attention immediately after possession. Sewer Scope This is one Wayne strongly recommends. For an older residential property, he suggests having the sewer line inspected with a camera. Budget approximately: $250–$300 Why? Because a sewer replacement can be extremely expensive. Wayne and Gabby discuss a previous replacement that cost approximately $15,000 before additional related work. A few hundred dollars spent investigating the line can uncover a potentially very expensive problem before closing. Legal Fees Legal costs are another expense investors sometimes underestimate. Depending on the transaction and legal team, Wayne and Gabby suggest costs may range from roughly: $1,500 to $2,000+ Wayne's approach is not to select a lawyer based solely on price. A straightforward transaction is straightforward until something goes wrong. That is when having the right professional matters. Title Insurance and Closing Adjustments Depending on the property and province, investors may also encounter costs such as title insurance. Property tax adjustments are another common surprise. If the seller has already paid property taxes for a period after your possession date, the seller is credited for that amount at closing. That increases the cash you need to bring to the lawyer. The Property Will Probably Need Something Wayne says almost every property they buy requires immediate work after possession. Not necessarily a major renovation. It could be: Expired smoke detectors. Doors that do not close properly. Loose baseboards. A leaking shower diverter. A thermostat that is not mounted correctly. A furnace that has not been serviced. A damaged closet door. Minor plumbing or electrical issues. Individually, these may seem small. Together, they add up quickly. Wayne and Gabby typically budget: $2,000–$3,000 per property for immediate repairs and maintenance. Don't Defer Everything One mistake investors make is saying: "It's not that bad. I'll deal with it later." But deferred maintenance eventually becomes your problem. Wayne and Gabby prefer to fix smaller issues before placing a new tenant whenever possible. That provides a safer, cleaner and better-maintained property for the tenant while reducing the likelihood of emergency service calls later. Cleaning, Furnaces and Landscaping Other costs investors can easily overlook include: Professional cleaning. Furnace servicing. Duct cleaning. Gutter cleaning. Landscaping. Lawn cleanup. These expenses can add hundreds or even thousands more depending on the condition of the property. When Wayne and Gabby added the potential acquisition-related costs together in today's example, they reached approximately: $6,750 beyond the down payment. And there is still one more major item. The Reserve Fund Wayne considers this one of the most important systems an investor can put in place. Start every rental property with a cash reserve. His recommendation: Three months of rent on day one. If the suited house rents for approximately $3,000 per month total, that means starting with: $9,000 in reserves. Then continue depositing some or all of the property's monthly cash flow into that reserve. The reserve grows. Then when something breaks, you use the property's money to fix it. A washing machine fails? Reserve. Furnace repair? Reserve. Vacancy? Reserve. Lower rents? Reserve. The goal is to operate the rental like a business instead of relying on your personal chequing account whenever something goes wrong. $100,000 Becomes $116,750 In today's example: Purchase price: $500,000 20% down payment: $100,000 Potential additional acquisition and repair costs: approximately $6,750 Starting reserve: $9,000 Total amount to consider budgeting: Approximately $115,750–$116,750, depending on the final costs and repairs. The exact number will vary from property to property. The lesson is what matters: Do not save exactly enough for the down payment and assume you are ready to buy. REI Masters Mentorship Promotion Wayne and Gabby also announced a major REI Masters Mentorship offer. Anyone who joins before October 3, 2026 receives: 24 months of mentorship for the price of 12. The program includes: Direct coaching from Wayne and Gabby Weekly coaching sessions Courses and resources Strategy development Personalized roadmap Deal support Access to the REI Masters community The offer also includes entry to the upcoming REI Masters Retreat. Learn more: www.reimasters.ca The 5% Rule™ Want to understand how much cash flow your rental property should produce? Search: The 5% Rule by Wayne Hillier on Amazon. Watch the Morning Show Join Wayne and Gabby every weekday morning at 7:00 AM Mountain Time on YouTube. Follow Wayne Hillier – Real Estate Investing Coach on YouTube. Questions: info@reimorningshow.com Sponsors Calvin Realty – Edmonton Investor-Focused Realtor Team www.calvinrealty.ca Finngo Bookkeeping & Tax Specialized bookkeeping and tax services for Canadian real estate investors. www.finngo.com/rei Kirkwood & Brennan Mortgage Group Investor-focused mortgage planning for Canadian real estate investors. www.kbmortgages.ca keaton@kbmortgages.ca

Preserving Used Car Dealer History! | DownPayment The Podcast for Used Car Dealers S5 E75The Car Dealer History Project is an ongoing effort to document the stories, people, dealerships, and communities that helped shape the automotive industry across the United States. Our mission is simple: preserve an industry history and create publicly accessible historical content that dealerships, families, associations, employees, and communities can reference and share. The goal is not just to collect information, but to preserve and present it in a way that feels meaningful, credible, and lasting.Visit www.cardealerhistory.com for more information!Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

Today on Homeowner AF, I share the practical steps I would take if I was buying in the next six months. If you're currently planning to purchase your first home in Ontario, getting pre-approved is just the beginning. Listen in as I go over the steps you can start taking now so you can stay mortgage ready and be prepared to act fast when the right property comes along.Here's what I get into:Why I want you to keep saving after your pre-approval and down payment are in place, including building an emergency fund for the added costs of homeownershipHow a mortgage rate hold can help protect your purchasing power when interest rates fluctuateWhich mortgage documents you'll need to keep updated so your application can move quickly once you have an accepted offer and a financing conditionWhy expanding your location search could open up more affordable homeownership opportunities, particularly if you work remotely or have flexibility with your commuteHow assembling your homebuying team early, including your mortgage agent, realtor, and real estate lawyer, can help you prepare for a smoother purchaseWhy choosing to work with people you trust mattersThe more prepared you are before you find your property, the better positioned you'll be to move through your mortgage financing with confidence. Do you have specific questions about your unique homebuying situation? Book a free call with me at www.bricallme.com. Listen to Episode 3 of Homeowner AF: What is a Pre-Approval and Why Do I Need One? Mortgage Pre-Approval ExplainedSpecific Questions?  Ready to get started?Book a free call with Brianna: www.Bricallme.comJoin my mailing list: https://briannagoslinmortgages.myflodesk.com/mortgagebitesWebsite: http://www.briannagoslinmortgages.comInstagram: https://www.instagram.com/briannagoslinmortgagesFacebook: https://www.facebook.com/brianna.goslin.mortgagesLinkedIn: https://www.linkedin.com/in/briannagoslinmortgages

The Information's Rocket Drew talks with TITV Host Akash Pasricha about AI safety watchdog independence. We also talk with Tech Buzz China Founder Rui Ma about China's perspective on AI safety and Arcee AI Co-Founder and CEO Mark McQuade about open weight AI models in the US vs China. Lastly, we get into AI compute debt financing with The Information Senior Editor Meredith Mazzilli.Articles discussed on this episode: https://www.theinformation.com/articles/ai-safety-push-sparks-demand-watchdog-groups-critics-doubt-independencehttps://www.theinformation.com/briefings/coreweave-prices-3-7-billion-convertible-bond-offeringSubscribe: YouTube: https://www.youtube.com/@theinformation The Information: https://www.theinformation.com/subscribe_hSign up for the AI Agenda newsletter: https://www.theinformation.com/features/ai-agendaTITV airs weekdays on YouTube, X and LinkedIn at 10AM PT / 1PM ET. Or check us out wherever you get your podcasts.Follow us:X: https://x.com/theinformationIG: https://www.instagram.com/theinformation/TikTok: https://www.tiktok.com/@titv.theinformationLinkedIn: https://www.linkedin.com/company/theinformation/Chapters:00:00 - Introduction01:13 - Are AI Safety Watchdog Groups Truly Independent?24:13 - China's View on AI Safety & US-China VC Decoupling36:15 - Arcee AI CEO Mark McQuade on Open Weight Models47:44 - The Debt Financing Behind the AI Compute Buildout

How to manager NEW HIRES! | DownPayment The Podcast for Used Car Dealers S5 E74New hires are great! Full of positive excited energy! But how do you make sure that remains and that the whole process of managing a new hire doesn't go off track? Let's find out how you can do this and become a better boss. Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

Schedule a Free Financial Assessment with an experienced professional:https://bit.ly/YMYWassessCHow do you buy a house as a young person, without wrecking your long-term retirement plan? That's today on Your Money, Your Wealth® podcast 599, as Joe Anderson, CFP® and Big Al Clopine, CPA spitball for 35-year-old Gord in New York City. He's got $300,000 saved, and a home purchase is coming soon thanks to a new relationship. Should he liquidate his brokerage account and pull the trigger? Carrie Bradshaw in California is 33 and wants to buy a roughly $1.5M home. When should she move the down payment money out of the market, and can she avoid derailing early retirement? Finally, Archie and Veronica in Missouri are 41 and 34, pulling in $600,000 a year and saving close to $200,000 of it. Are they saving too much? Should they pay off their mortgage or keep investing?Free Financial Resources in This Episode: https://bit.ly/ymyw-599 (full show notes & episode transcript)Financial Blueprint (free, self-guided):https://bit.ly/YMYWblueprintC10 Big Retirement Regrets to Avoid (Before It's Too Late) - YMYW TV: https://purefinancial.com/ymyw/episodes/10-big-retirement-regrets-to-avoid-before-its-too-late/?utm_source=captivate&utm_medium=podcast&utm_campaign=ymyw-tv&utm_content=ymyw-pod-ep599-description-tv-s10e15REQUEST your Retirement Spitball Analysis:https://bit.ly/YMYWaskCDOWNLOAD more free guides:https://bit.ly/YMYWguidesCREAD financial blogs:https://bit.ly/YMYWblogCWATCH educational videos:https://bit.ly/YMYWvidsCSUBSCRIBE to the YMYW Newsletter:https://bit.ly/YMYWnewsletterCConnect With Us:Subscribe on YouTube and join the conversation in the comments:https://bit.ly/YMYW-YTSubscribe or follow YMYW in your favorite podcast app:https://lnk.to/ymywLeave your honest reviews and ratings in Apple Podcasts:https://podcasts.apple.com/us/podcast/your-money-your-wealth/id312900254Chapters: 00:00 - Intro: This Week on the YMYW Podcast01:02 - I'm 35 in NYC. Do I Cash Out My ETFs to Buy a House? (Gord, NYC)15:21 - How Much of My $900K Goes to the Down Payment? ("Carrie Bradshaw", CA)24:12 - We Make $600K With a $1.1M Mortgage. Pay It Off or Keep Investing? ("Archie & Veronica", MO)35:55 - Outro: Next Week on the YMYW Podcast

How to be a GREAT boss. | DownPayment The Podcast for Used Car Dealers S5 E73Everyone thinks they are a great boss? But are they really? Hiring and retaining talent is the key to success in your dealership, and that takes a great boss. Let's find out how you can do this and become a better boss. Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

How to Master Shifts in the Market | DownPayment The Podcast for Used Car Dealers S5 E72Change. Market shifts. Inventory changes. Consumer demand changes. Everything seems to change, but one thing remains the same month to month. What is it? Find out how to master change and consistency! Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

DSCR loan down payment: how much cash to close you really need on a rental, not just the twenty percent down everybody budgets for. Here is the real number before it costs you a deal.In this episode, Ryan breaks down why twenty percent down was never your real number. Your down payment is one of three buckets. Cash to close is your down payment, plus closing costs, plus the reserves you have to prove in the bank, and first-time investors get caught by the gap right before closing.He covers what a DSCR down payment actually costs and what sets your tier; the closing costs and reserves most lenders never warn you about; and the levers that move your down payment up or down: your credit score, the property's DSCR ratio, the property type, and the loan size. He walks through why a smaller loan costs a bigger percentage, why six months of PITIA in reserves can make or break your file, and how pushing your credit up one band before you apply is the cheapest money you will ever make.The episode closes with the four steps to know your true cash to close before you ever write the offer.The down payment is what everybody plans for. The cash to close is what actually gets the deal done.

How to Get Sales When Traffic is Slow | DownPayment The Podcast for Used Car Dealers S5 E71What happens at your dealership when traffic is slow? Does fear set in? Do your managers know what to do? How do they react? How can you use this time to your advantage? Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

Erwin Szeto sits down with Sadaf Chowdhury, Director of Investment Sales at Equitable, to discuss how Canadian investors are looking beyond rentals. They explain professionally managed stock funds with insurance features, estate planning, annuities, investment loans and how AI is changing professional fund management. What a 25% down investment-loan strategy means How professionally managed stock funds can include estate-planning features Investment loans versus traditional margin accounts Why Canadian investors are looking beyond rental properties How AI is changing stock selection and portfolio management 

If buying your first home is on your radar but you're not sure where to start, this episode is for you. Today, I break down the practical steps you can take right now to strengthen your finances, start building your down payment, and position yourself for a future mortgage pre-approval. Every first-time home buyer has a different starting point. You might already have savings and great credit, or you might be years away from purchasing and wondering where to begin. The important thing is having a plan that makes sense for your finances and your homeownership goals.Here's what you'll learn:Why opening a First Home Savings Account (FHSA) early on is a mustThe importance of building your savings muscle by consistently setting aside money for your down paymentWhy carrying debt doesn't automatically prevent you from becoming a homeowner and how to think strategically about paying down debt while savingHow protecting your credit can strengthen your future mortgage application and help position you for a competitive interest rateWhy connecting with a mortgage agent or broker before you're ready to buy can help you align your savings, debt repayment, and financial decisions with your ultimate goal of becoming a homeownerWhether homeownership is one year away or five, the decisions you make today can help put you in a stronger position when it's time to purchase. Ready to lock into your goal of becoming a homeowner? Book a free call with me at www.Bricallme.com. Don't forget to leave a like and review on this episode. I'll see you next week!Specific Questions?  Ready to get started?Book a free call with Brianna: www.Bricallme.comJoin my mailing list: https://briannagoslinmortgages.myflodesk.com/mortgagebitesWebsite: http://www.briannagoslinmortgages.comInstagram: https://www.instagram.com/briannagoslinmortgagesFacebook: https://www.facebook.com/brianna.goslin.mortgagesLinkedIn: https://www.linkedin.com/in/briannagoslinmortgages

How to Avoid Losing the Sale! | DownPayment The Podcast for Used Car Dealers S5 E70Think about the last sale you lost. What did it cost your dealership? Could you have avoided losing the sale and what caused the customer to walk away? Was it really the price that cost you the sale? Find out what often drives customers away from a sale! Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

How to set the daily tone at your dealership | DownPayment The Podcast for Used Car Dealers S5 E69Leadership begins every morning when you walk in the door, well before you turn on the open sign. How can you set the tone for the day at your dealership? We have great ideas for you. Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

Can You Fully Finance an Investment Property? Can you buy an investment property without bringing your own down payment? Sometimes. But there is a big difference between what is technically possible and what is actually smart. In today's episode of the Canadian Real Estate Investing Morning Show, Wayne and Gabby answer a listener question about borrowing the down payment for an investment property, using home equity, private lenders and seller financing. The biggest takeaway is simple: You can sometimes borrow the money — but the source of that money, the cost of that money and the risk you are taking matter enormously.

How to Handle Interest Rate Objections | DownPayment The Podcast for Used Car Dealers S5 E68Customers don't want an economic lesson when they ask about interest rates. But what do they want? How can you handle their objections and make the sale? Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

The Best Way to Find New Customers | DownPayment The Podcast for Used Car Dealers S5 E67Are you using what's right in front of you to find new customers? What's the best way? We have great ideas for you. Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

Unlock homeownership sooner: use a low down payment leverage strategy to build wealth as a First Time Homebuyer.This episode dismantles the persistent 20% down payment myth, revealing how it keeps First Time Homebuyers from ownership. Discover a powerful leverage strategy that uses a low down payment to get into the market sooner, while a "mortgage safety slush fund" ensures financial security. We'll show you how combining low down payment loans with DPA grants and seller concessions makes homeownership far more attainable and secure, avoiding the "house poor" trap. Stop waiting and learn the real formula to own.House poor is short-term thinking, IF you understand the full equation. This isn't a one-time purchase you are trying to get on sale for today - It's a living investment that is fluid and will evolve. — David Sidoni, Nationwide First Time Homebuying Coach HighlightsWhy is the 20% down payment an outdated myth and what does it truly cost you in lost wealth?How can you leverage a small down payment to enter the market sooner and secure your financial future?What is a "mortgage safety slush fund" and how does it prevent you from ever feeling "house poor"?How do Down Payment Assistance (DPA) grants and seller concessions make homeownership possible with very little cash?What's the true financial cost of renting versus owning, even without significant home appreciation?When should you consider "recasting" your loan to dramatically lower your monthly payments?What common industry myths about PMI, market timing, or high rates are holding you back?Referenced Episodes300 – 300th EPISODE! What Can You Afford? Homebuyer Consultation Breakdown399 – The Real Value of Buying: What Nick Gained Beyond a Mortgage424 – First Time Home Buyers: Chloe & Eduardo Close on a Home (INTERVIEW)425 – First Time Home Buyer: How a Single Mom Bought with a ZERO Down Payment USDA Loan (INTERVIEW)457 – First Time Homebuyers: Buy or Wait in 2026? (March Housing Market Update)460 – Rent vs Buy in 2026: Are First Time Homebuyers Crazy?464 – This ONE Myth is Killing First Time Homebuyers in 2026495 – Mortgage Calculators are Lying to You (First Time Homebuyers Beware)505 – First Time Homebuyer Step #5: Saving for a Home506 – First Time Homebuyer Step #6: Goals - (Plan A & B)512 – What's Going On with the Housing Market? - PART 1 - Summer 2026 First-Time Homebuyer Update513 – First-Time Homebuyer Headlines & Scams - PART 2 - Summer 2026 Housing Market Update520 – 401(k) Loans are Not That Scary | 2026 Financial Prep Series – Part 6521 – Homeowner Tax Savings That Change Your Math | 2026 Financial Prep Series – Part 7HowtoBuyaHome.com/10steps - The #1 Educational System for First-Time Homebuyers in the USAHowtoBuyaHome.com/Guide - Over 100 of our BEST Episodes of Detailed Homebuying Knowledge, Interviews, and MORE! Connect with me to find a trusted realtor in your area or to answer your burning questions!Subscribe to our YouTube Channel @HowToBuyaHomeInstagram @HowtoBuyAHomePodcastTik Tok @HowToBuyAHomeVisit our Resource Center to to get your FREE Home Buying Starter Kit!David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with two decades of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer. Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!

A Powerful Sales Tool | DownPayment The Podcast for Used Car Dealers S5 E66You want more walks ins and more sales! So what is one of the most powerful sales tools that gets overlooked? Your lot presentation. Find out how to make it work for you and how to make your lot look its best! Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

Don't lose deals. Work better together!  | DownPayment The Podcast for Used Car Dealers S5 E65Your inventory, your pricing, and your advertising might be fantastic. But your closer, your relationship building, your analyst, your lone wolf, and your front desk all need to work together as a team! Otherwise the friction could be stopping sales before they begin. How can you get everyone to check their egos and form a team? Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

5 Ways to Make Your Dealership Stand Out!  | DownPayment The Podcast for Used Car Dealers S5 E64Is your dealership unique? Is your sales process unique? How do you make your brand stand out in a crowded market? We have 5 ways you can make your dealership rise above others! Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

Nearly 80% of FHA buyers qualify for down payment assistance, yet under 17% actually use it. This episode shows first-time homebuyers how to slash big expenses, explore DPA programs, and rethink what they truly need to save.You'll learn why cutting large expenses beats skipping lattes, how self-employed and 1099 buyers can qualify with the right lending team, and why over 2,700 down payment assistance programs go unused every year. David breaks down the myths keeping first-time homebuyers from free money and shares real interview examples of buyers who closed for under $5,000 total."Most buyers eliminate themselves before they ever talk to a professional." HighlightsCan self-employed or 1099 workers actually get approved for a home loan?Is down payment assistance really only for low-income buyers?Do you have to be a first-time buyer to qualify for DPA programs?Do you really need $35K, $50K, or $100K saved to buy a home? Referenced Episodes447 – First-Time Homebuyer Tax Strategy to Qualify for a Better Mortgage (Interview w/ Dan Mullens, CPA)227 – Using The Internet To Research Your First Home426 – Lowering Your Down Payment – Financially Prepare to Buy Your First Home – Pt. 7460 – Rent vs Buy in 2026: Are First Time Homebuyers Crazy?440 – First Time Homebuyer Playbook (Part 1): Rent Replacement Strategy340 – Down Payment Assistance, Discovery Calls & Lending Myths (INTERVIEW)441 – First Time Homebuyer Playbook (Part 2): The Last Lease Ever421 – Down Payment Strategy in 2025: Assistance, Savings, and Family Support424 – First Time Home Buyers: Chloe & Eduardo Close on a Home (INTERVIEW)425 – First Time Home Buyer: How a Single Mom Bought with a ZERO Down Payment USDA Loan (INTERVIEW)399 – The Real Value of Buying: What Nick Gained Beyond a Mortgage378 – INTERVIEW: How Bhavik & Suhani Bought in a High-Cost MarketHowtoBuyaHome.com/10steps - The #1 Educational System for First-Time Homebuyers in the USAHowtoBuyaHome.com/Guide - Over 100 of our BEST Episodes of Detailed Homebuying Knowledge, Interviews, and MORE! Connect with me to find a trusted realtor in your area or to answer your burning questions!Subscribe to our YouTube Channel @HowToBuyaHomeInstagram @HowtoBuyAHomePodcastTik Tok @HowToBuyAHomeVisit our Resource Center to to get your FREE Home Buying Starter Kit!David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with two decades of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer. Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!

2026 CITY OF MEMPHIS DOWN PAYMENT ASSISTANCE UP TO $25,000 FOR QUALIFED HOME BUYERS by Jo Garner

Unpredictable Weather Affects Your Dealership! | DownPayment The Podcast for Used Car Dealers S5 E63Unpredictable weather can have a huge impact on your dealership! You can't predict it, and yet you have to deal with heatwaves, storms, and more. Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

Earlier this year, Siemens surpassed $1 billion in U.S. manufacturing investments over five years—and announced there was more to come. In this episode of Optimistic Outlook In Five, Lauren explores Siemens' latest investment of more than $200 million to expand manufacturing in Georgia and Texas—creating more than 1,500 new jobs while increasing production of the electrical infrastructure powering America's growing demand for AI, data centers, electrification, and industrial growth. Discover how domestic manufacturing investments are helping build a more resilient, competitive, and sustainable energy future. Show notes: Siemens invests $200M in U.S. electrical manufacturing Gov. Kemp: Siemens Plans 1,400+ New Jobs in Jackson County

Click Here for the Show Notes Is withdrawing money from your IRA early to buy a rental property a smart financial move? In this episode, we break down the pros and cons of using retirement funds for a real estate investment, including potential tax penalties, long-term wealth-building opportunities, and key factors to consider before making a decision. Learn how to evaluate whether the potential cash flow and appreciation from rental properties can outweigh the costs of an early withdrawal—and discover alternative financing strategies that may better fit your investment goals. Thinking about using your retirement savings to invest in real estate? Before making a move, explore your options and run the numbers. Connect with an investment professional to compare scenarios and build a strategy that aligns with your long-term financial goals. -------------------------------- Throwback Thursday Episode (The episode originally took place in the year 2024) This episode is part of our Throwback Series and may include references to older content such as web classes, events, promotions, or links that are no longer active or available. While the conversation and insights still hold value, please note that some information may be outdated. -------------------------------- If you missed our last episode, be sure to listen to TBT: 7 Strategies to Expand Your Real Estate Portfolio Download your FREE copy of:  The Ultimate Guide to Passive Real Estate Investing. See our available Turnkey Cash-Flow Rental Properties. Our team of Investment Counselors has much more inventory available than what you see on our website.  Contact us today for more deals.

Your dealership can make a big impact in your community! | The Podcast for Used Car Dealers S5 E62Build connections both political and within your community! Make a big impact and see your dealership grow! Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

Get my new book: https://bronsonequity.com/fireyourselfDownload my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflationBronson Hill talks with Andrew Keel about mobile home parks—one of the strongest cash-flow real estate niches available today.They cover key advantages for passive and active investors, current regulations and risks, rent strategies, financing, the importance of on-site management, manufactured housing trends, and how to buy and operate parks successfully. Andrew also shares his journey from side hustles to owning 53 communities across 12 states.About Andrew:Andrew Keel owns and operates 53 mobile home and manufactured home communities in 12 states. A hands-on investor and operator, he offers practical insights for both passive investors and those looking to buy and scale parks. TIMESTAMPS0:38 - Welcome | Mobile Home Park Advantages2:04 - Regulations & Tenant Protection Risks3:29 - Rent Increases & State-by-State Limits4:39 - Mom-and-Pop Ownership & Undermarket Rents5:55 - Building $10K Monthly Cash Flow7:01 - Financing, Down Payments & Current Rates8:41 - Zoning Challenges & Expanding Parks11:03 - High-End Manufactured Housing Potential13:07 - Key Trends: Regulations & Lender Criteria Changes15:45 - How Interest Rates Impact Mobile Home Parks17:09 - Importance of Hands-On & On-Site Management18:15 - How to Find Great On-Site Managers20:40 - The Future of Factory-Built Homes23:26 - Andrew's Journey: From Lonnie Deals to 53 Parks29:40 - Connect with Andrew | Free Passive Investor ResourceCONNECT WITH THE GUESTWebsite: keelteam.com#MobileHomeParks#ManufacturedHousing#CashFlowInvesting#MailboxMoney#PassiveIncome#AffordableHousing

By Here Pay Here - what's really happening!  | DownPayment The Podcast for Used Car Dealers S5 E61Buy Here Pay Here - Inventory is expensive, costs are unpredictable, customers are under pressure. How can you adapt to the new realities of the market? Find out. Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

Learn how one First Time Homebuyer's strategic early planning allowed a 3% down offer to beat a 20% offer in a tough market.Join first-time homebuyer Chadd as he shares how an early strategic conversation with a Unicorn Realtor transformed his homebuying timeline, proving he was ready much sooner than he thought. Learn how balancing debt and savings rapidly built his down payment. Discover the powerful strategy behind his 3% down offer that triumphed over a 20% down offer in a competitive market, driven by superior terms and expert guidance."Everyone should not expect, they should demand that Starbucks meeting from their realtor and from their lender, and not just be an order taker and a door opener." — David Sidoni, Nationwide First Time Homebuying CoachHighlightsWhat crucial first step can accelerate your First Time Homebuyer journey, even if you feel years away from being ready?What's the fundamental difference between a "Donkey" agent and a "Unicorn Realtor" that truly serves your long-term goals?How can strategically balancing debt payments and savings help you build a down payment much faster?What specific offer terms allowed a 3% down payment to triumph over a 20% down payment in a competitive bidding war?How can an expert real estate team provide the emotional support and mentorship needed to overcome multiple offer rejections?Why should you demand an in-depth, goal-oriented meeting from your agent and lender before pre-approval is even mentioned?HowtoBuyaHome.com/10steps - The #1 Educational System for First-Time Homebuyers in the USAHowtoBuyaHome.com/Guide - Over 100 of our BEST Episodes of Detailed Homebuying Knowledge, Interviews, and MORE! Connect with me to find a trusted realtor in your area or to answer your burning questions!Subscribe to our YouTube Channel @HowToBuyaHomeInstagram @HowtoBuyAHomePodcastTik Tok @HowToBuyAHomeVisit our Resource Center to to get your FREE Home Buying Starter Kit!David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with two decades of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer. Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!

Pay off the credit card debt or save for the down payment? That was THE question on my very first live call — and it's the one keeping a lot of us up at night. In this Q&A episode I take your questions and we get into the real math (and the real feelings) behind $15K in credit card debt vs buying a home. (Audio en español.) Hoy fue especial: mi PRIMERA llamada en vivo. Un oyente me preguntó algo que muchos se preguntan en silencio — "¿pago mis $15,000 de tarjeta o guardo para el enganche de la casa?" Le entramos de frente: los números, el interés que te come, y cómo decidir sin volverte loco. Además, contesto más de sus preguntas de la semana y leo las mejores respuestas a las Preguntas del Día. EN ESTE EPISODIO:

A fall reset to make this the best season ever for your dealership | The Podcast for Used Car Dealers S5 E60Fall is fast approaching. It's time to do a reset, and make this season the best one ever. How do you do this? We have lots of ideas for you. Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

DO NO HARM Dealing with Underperforming Employees | The Podcast for Used Car Dealers S5 E57You have an underperforming employee. What do you do? Get rid of them? Something else? What's the best way for a manager to handle an underperforming employee? Watch this episode for our thoughts on the subject, and then tell us about your ideas in the comments! Don't miss an episode! Subscribe to Down Payment now! Visit all our sites at:YouTube - @DownPaymentPodcastYouTube - @cardealeru5061X - @DownPaymentPodInstagram - @DownPaymentPodcastDon't forget to like and subscribe! #carsales #usedcar #usedcarsforsale #autosales #automobile #auto #cardealer #cardealership #preownedcar #secondhandcar #buyherepayhere #managmenttraining #manager #managertraining #denver

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Latrease Price-Gistard. Purpose of the Interview The interview aims to educate listeners on the mortgage industry, highlight the role and benefits of working with an independent mortgage broker, and provide practical advice on home financing options, credit challenges, and programs that support homeownership. It also shares Latrease’s entrepreneurial journey and lessons learned. Key Takeaways Background and Career Path Latrease has a finance degree and started in investment operations in 1999. Transitioned from auto financing and co-owning a car dealership to mortgage lending. Became an independent mortgage broker in 2022 after being laid off during rising interest rates. Role of an Independent Mortgage Broker Holds her own license and partners with multiple lenders to offer tailored loan products. Advocates for borrowers to ensure they get the right product, not just approval. Specializes in helping first-time buyers, self-employed individuals, and those with unique challenges. Home Financing Insights Reverse Mortgages: Typically for seniors 62+, often used by those 75+ with equity and limited retirement funds. Provides tax-free cash without monthly payments; debt settled upon sale or refinance. Zero Down Payment Programs: Offers up to 3% for down payment, attached to the mortgage; other programs provide up to 5% for down payment and closing costs. FHA 203K Program: Allows buyers to finance home purchase and renovations in one loan—ideal for fixer-uppers. Credit Challenges Programs exist for credit scores as low as 500, but require higher down payments (10–20%) and result in higher interest rates. Latrease consults and provides “what-if” scenarios to help clients improve credit over time. Entrepreneurial Lessons Mistakes: Starting without enough capital and a strong pipeline; economic timing matters. Advice: Build capital, secure a solid client pipeline, and understand market conditions before going independent. Notable Quotes On independence:“As a broker, you serve as that advocate for your borrower to make sure they’re getting the right loan product.” On reverse mortgages:“The beauty of it is there are no monthly payments going back to the institution. The debt is paid off when the home is sold or refinanced.” On credit challenges:“Programs go as low as 500 credit score, but those borrowers need 10–20% down.” On entrepreneurial advice:“Make sure you have strong capital and a solid pipeline before stepping out on faith.” On perseverance:“It’s all about follow-through. It’s all about your dream and whether you want to make it happen.” #SHMS #STRAW #BESTSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Latrease Price-Gistard. Purpose of the Interview The interview aims to educate listeners on the mortgage industry, highlight the role and benefits of working with an independent mortgage broker, and provide practical advice on home financing options, credit challenges, and programs that support homeownership. It also shares Latrease’s entrepreneurial journey and lessons learned. Key Takeaways Background and Career Path Latrease has a finance degree and started in investment operations in 1999. Transitioned from auto financing and co-owning a car dealership to mortgage lending. Became an independent mortgage broker in 2022 after being laid off during rising interest rates. Role of an Independent Mortgage Broker Holds her own license and partners with multiple lenders to offer tailored loan products. Advocates for borrowers to ensure they get the right product, not just approval. Specializes in helping first-time buyers, self-employed individuals, and those with unique challenges. Home Financing Insights Reverse Mortgages: Typically for seniors 62+, often used by those 75+ with equity and limited retirement funds. Provides tax-free cash without monthly payments; debt settled upon sale or refinance. Zero Down Payment Programs: Offers up to 3% for down payment, attached to the mortgage; other programs provide up to 5% for down payment and closing costs. FHA 203K Program: Allows buyers to finance home purchase and renovations in one loan—ideal for fixer-uppers. Credit Challenges Programs exist for credit scores as low as 500, but require higher down payments (10–20%) and result in higher interest rates. Latrease consults and provides “what-if” scenarios to help clients improve credit over time. Entrepreneurial Lessons Mistakes: Starting without enough capital and a strong pipeline; economic timing matters. Advice: Build capital, secure a solid client pipeline, and understand market conditions before going independent. Notable Quotes On independence:“As a broker, you serve as that advocate for your borrower to make sure they’re getting the right loan product.” On reverse mortgages:“The beauty of it is there are no monthly payments going back to the institution. The debt is paid off when the home is sold or refinanced.” On credit challenges:“Programs go as low as 500 credit score, but those borrowers need 10–20% down.” On entrepreneurial advice:“Make sure you have strong capital and a solid pipeline before stepping out on faith.” On perseverance:“It’s all about follow-through. It’s all about your dream and whether you want to make it happen.” #SHMS #STRAW #BESTSee omnystudio.com/listener for privacy information.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Latrease Price-Gistard. Purpose of the Interview The interview aims to educate listeners on the mortgage industry, highlight the role and benefits of working with an independent mortgage broker, and provide practical advice on home financing options, credit challenges, and programs that support homeownership. It also shares Latrease’s entrepreneurial journey and lessons learned. Key Takeaways Background and Career Path Latrease has a finance degree and started in investment operations in 1999. Transitioned from auto financing and co-owning a car dealership to mortgage lending. Became an independent mortgage broker in 2022 after being laid off during rising interest rates. Role of an Independent Mortgage Broker Holds her own license and partners with multiple lenders to offer tailored loan products. Advocates for borrowers to ensure they get the right product, not just approval. Specializes in helping first-time buyers, self-employed individuals, and those with unique challenges. Home Financing Insights Reverse Mortgages: Typically for seniors 62+, often used by those 75+ with equity and limited retirement funds. Provides tax-free cash without monthly payments; debt settled upon sale or refinance. Zero Down Payment Programs: Offers up to 3% for down payment, attached to the mortgage; other programs provide up to 5% for down payment and closing costs. FHA 203K Program: Allows buyers to finance home purchase and renovations in one loan—ideal for fixer-uppers. Credit Challenges Programs exist for credit scores as low as 500, but require higher down payments (10–20%) and result in higher interest rates. Latrease consults and provides “what-if” scenarios to help clients improve credit over time. Entrepreneurial Lessons Mistakes: Starting without enough capital and a strong pipeline; economic timing matters. Advice: Build capital, secure a solid client pipeline, and understand market conditions before going independent. Notable Quotes On independence:“As a broker, you serve as that advocate for your borrower to make sure they’re getting the right loan product.” On reverse mortgages:“The beauty of it is there are no monthly payments going back to the institution. The debt is paid off when the home is sold or refinanced.” On credit challenges:“Programs go as low as 500 credit score, but those borrowers need 10–20% down.” On entrepreneurial advice:“Make sure you have strong capital and a solid pipeline before stepping out on faith.” On perseverance:“It’s all about follow-through. It’s all about your dream and whether you want to make it happen.” #SHMS #STRAW #BESTSteve Harvey Morning Show Online: http://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

Spencer Dean wanted to build a rental portfolio, but he did not have enough money to make traditional 20 percent down payments. On this episode, Spencer shares the creative financing strategies he has used to buy rentals with less money out of pocket, including seller financing deals with surprisingly low interest rates.Spencer explains how he finds motivated sellers, structures the legal side of each transaction, and creates solutions for owners facing difficult situations. We walk through several of his deals, including value add properties and homes that were already rent ready.He also shares how postcards have generated most of his opportunities, the types of owners and properties he targets, where he purchases his mailing data, and what he writes on his postcards. Spencer focuses on dependable cash flow and mortgage paydown rather than betting on appreciation.https://rentalincomepodcast.com/episode583Thanks To Our Sponsors:Ridge Lending Group - Ask about the All-In-One loan. A first-position HELOC on rentals.Rentec Direct - Automate the day-to-day work and make property management easy. Use promo code RIP to get 10% off your first 6 months.PadSplit - Earn 2.5X more rental income with PadSplit's shared housing model.

In this episode, Gaetano Mortati shares insights into his business of providing mortgage services for foreign buyers in Italy, including challenges, opportunities, and growth strategies.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviews Bruce Marks. CEO of NACA – America's Best Mortgage Program. The incredible NACA mortgage allows NACA Members to purchase their homes with the following: Below is a structured summary of the Bruce Marks interview with Rushion McDonald on Money Making Conversations Masterclass, based entirely on the interview transcript you provided. All points and quotes are drawn from that source. Interview Summary Bruce Marks, founder and CEO of NACA (Neighborhood Assistance Corporation of America), joins Rushion McDonald to discuss his four-decade mission to make affordable homeownership accessible to working families, particularly those historically excluded from the housing market. Marks explains how NACA fights predatory lending while simultaneously offering what he calls “the best mortgage in America”—characterized by no down payment, no closing costs, no fees, low fixed interest rates, and no reliance on credit scores. The conversation highlights NACA’s innovative programs, including converting Section 8 housing vouchers into mortgage payments, the $1 Homeownership Program for vacant properties, and large-scale, community-based homebuying events that process thousands of families in days rather than months. Marks frames homeownership as a tool for wealth-building, community stability, crime reduction, and racial equity. Purpose of the Interview The purpose of the interview is threefold: Educate listeners about alternative paths to homeownership that defy traditional mortgage industry norms. Challenge myths about credit scores, Section 8 recipients, and affordability. Promote NACA’s model as a scalable, nationwide solution to the housing affordability crisis and racial wealth gap. Key Takeaways 1. NACA’s Mortgage Model Is Radically Different No down payment No closing costs or fees Below-market, fixed interest rates Credit scores are not used; lending is based on payment history and financial behavior. 2. Predatory Lending Targets Vulnerable Communities Marks defines predatory lending as mortgages “structured to fail”, citing the 2008 housing crisis as a direct result of unaffordable loan structures that later doubled or tripled payments. 3. Section 8 as a Pathway to Ownership and Wealth NACA enables families to apply their Section 8 Housing Choice Vouchers toward mortgage payments, allowing renters to build equity instead of enriching landlords. Over a 20‑year term, this can result in $200,000–$300,000 in personal wealth. 4. The $1 Homeownership Program Is a Game Changer Cities sell vacant homes or lots to buyers for $1, while NACA finances renovation or new modular construction—cutting costs by eliminating developers and enabling homes to be built for roughly $120,000 total. 5. Scale and Impact Matter NACA operates in all 50 states Newark event drew 25,000+ people over five days Over 75,000 homeowners served Foreclosure rate: 0.00012. Notable Quotes from Bruce Marks “We have the best mortgage in the country.”. “Predatory lending is a mortgage that is structured to fail.”. “What you’re doing is the wealth is now going to the person with a Section 8, not to the landlord.”. “We do character-based lending, never looking at someone’s credit score.”. “Homeownership is a safety issue, it’s an anti-crime issue.” Bottom Line The interview positions Bruce Marks and NACA as disruptors of the traditional mortgage industry, proving that affordability, scale, and advocacy can coexist. The message is clear: homeownership should be a right earned through responsibility and support—not a privilege restricted by wealth, credit scores, or predatory systems.. #BEST #STRAW #SHMS Support the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviews Bruce Marks. CEO of NACA – America's Best Mortgage Program. The incredible NACA mortgage allows NACA Members to purchase their homes with the following: Below is a structured summary of the Bruce Marks interview with Rushion McDonald on Money Making Conversations Masterclass, based entirely on the interview transcript you provided. All points and quotes are drawn from that source. Interview Summary Bruce Marks, founder and CEO of NACA (Neighborhood Assistance Corporation of America), joins Rushion McDonald to discuss his four-decade mission to make affordable homeownership accessible to working families, particularly those historically excluded from the housing market. Marks explains how NACA fights predatory lending while simultaneously offering what he calls “the best mortgage in America”—characterized by no down payment, no closing costs, no fees, low fixed interest rates, and no reliance on credit scores. The conversation highlights NACA’s innovative programs, including converting Section 8 housing vouchers into mortgage payments, the $1 Homeownership Program for vacant properties, and large-scale, community-based homebuying events that process thousands of families in days rather than months. Marks frames homeownership as a tool for wealth-building, community stability, crime reduction, and racial equity. Purpose of the Interview The purpose of the interview is threefold: Educate listeners about alternative paths to homeownership that defy traditional mortgage industry norms. Challenge myths about credit scores, Section 8 recipients, and affordability. Promote NACA’s model as a scalable, nationwide solution to the housing affordability crisis and racial wealth gap. Key Takeaways 1. NACA’s Mortgage Model Is Radically Different No down payment No closing costs or fees Below-market, fixed interest rates Credit scores are not used; lending is based on payment history and financial behavior. 2. Predatory Lending Targets Vulnerable Communities Marks defines predatory lending as mortgages “structured to fail”, citing the 2008 housing crisis as a direct result of unaffordable loan structures that later doubled or tripled payments. 3. Section 8 as a Pathway to Ownership and Wealth NACA enables families to apply their Section 8 Housing Choice Vouchers toward mortgage payments, allowing renters to build equity instead of enriching landlords. Over a 20‑year term, this can result in $200,000–$300,000 in personal wealth. 4. The $1 Homeownership Program Is a Game Changer Cities sell vacant homes or lots to buyers for $1, while NACA finances renovation or new modular construction—cutting costs by eliminating developers and enabling homes to be built for roughly $120,000 total. 5. Scale and Impact Matter NACA operates in all 50 states Newark event drew 25,000+ people over five days Over 75,000 homeowners served Foreclosure rate: 0.00012. Notable Quotes from Bruce Marks “We have the best mortgage in the country.”. “Predatory lending is a mortgage that is structured to fail.”. “What you’re doing is the wealth is now going to the person with a Section 8, not to the landlord.”. “We do character-based lending, never looking at someone’s credit score.”. “Homeownership is a safety issue, it’s an anti-crime issue.” Bottom Line The interview positions Bruce Marks and NACA as disruptors of the traditional mortgage industry, proving that affordability, scale, and advocacy can coexist. The message is clear: homeownership should be a right earned through responsibility and support—not a privilege restricted by wealth, credit scores, or predatory systems.. #BEST #STRAW #SHMS See omnystudio.com/listener for privacy information.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviews Bruce Marks. CEO of NACA – America's Best Mortgage Program. The incredible NACA mortgage allows NACA Members to purchase their homes with the following: Below is a structured summary of the Bruce Marks interview with Rushion McDonald on Money Making Conversations Masterclass, based entirely on the interview transcript you provided. All points and quotes are drawn from that source. Interview Summary Bruce Marks, founder and CEO of NACA (Neighborhood Assistance Corporation of America), joins Rushion McDonald to discuss his four-decade mission to make affordable homeownership accessible to working families, particularly those historically excluded from the housing market. Marks explains how NACA fights predatory lending while simultaneously offering what he calls “the best mortgage in America”—characterized by no down payment, no closing costs, no fees, low fixed interest rates, and no reliance on credit scores. The conversation highlights NACA’s innovative programs, including converting Section 8 housing vouchers into mortgage payments, the $1 Homeownership Program for vacant properties, and large-scale, community-based homebuying events that process thousands of families in days rather than months. Marks frames homeownership as a tool for wealth-building, community stability, crime reduction, and racial equity. Purpose of the Interview The purpose of the interview is threefold: Educate listeners about alternative paths to homeownership that defy traditional mortgage industry norms. Challenge myths about credit scores, Section 8 recipients, and affordability. Promote NACA’s model as a scalable, nationwide solution to the housing affordability crisis and racial wealth gap. Key Takeaways 1. NACA’s Mortgage Model Is Radically Different No down payment No closing costs or fees Below-market, fixed interest rates Credit scores are not used; lending is based on payment history and financial behavior. 2. Predatory Lending Targets Vulnerable Communities Marks defines predatory lending as mortgages “structured to fail”, citing the 2008 housing crisis as a direct result of unaffordable loan structures that later doubled or tripled payments. 3. Section 8 as a Pathway to Ownership and Wealth NACA enables families to apply their Section 8 Housing Choice Vouchers toward mortgage payments, allowing renters to build equity instead of enriching landlords. Over a 20‑year term, this can result in $200,000–$300,000 in personal wealth. 4. The $1 Homeownership Program Is a Game Changer Cities sell vacant homes or lots to buyers for $1, while NACA finances renovation or new modular construction—cutting costs by eliminating developers and enabling homes to be built for roughly $120,000 total. 5. Scale and Impact Matter NACA operates in all 50 states Newark event drew 25,000+ people over five days Over 75,000 homeowners served Foreclosure rate: 0.00012. Notable Quotes from Bruce Marks “We have the best mortgage in the country.”. “Predatory lending is a mortgage that is structured to fail.”. “What you’re doing is the wealth is now going to the person with a Section 8, not to the landlord.”. “We do character-based lending, never looking at someone’s credit score.”. “Homeownership is a safety issue, it’s an anti-crime issue.” Bottom Line The interview positions Bruce Marks and NACA as disruptors of the traditional mortgage industry, proving that affordability, scale, and advocacy can coexist. The message is clear: homeownership should be a right earned through responsibility and support—not a privilege restricted by wealth, credit scores, or predatory systems.. #BEST #STRAW #SHMS Steve Harvey Morning Show Online: http://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviews Bruce Marks. CEO of NACA – America's Best Mortgage Program. The incredible NACA mortgage allows NACA Members to purchase their homes with the following: Below is a structured summary of the Bruce Marks interview with Rushion McDonald on Money Making Conversations Masterclass, based entirely on the interview transcript you provided. All points and quotes are drawn from that source. Interview Summary Bruce Marks, founder and CEO of NACA (Neighborhood Assistance Corporation of America), joins Rushion McDonald to discuss his four-decade mission to make affordable homeownership accessible to working families, particularly those historically excluded from the housing market. Marks explains how NACA fights predatory lending while simultaneously offering what he calls “the best mortgage in America”—characterized by no down payment, no closing costs, no fees, low fixed interest rates, and no reliance on credit scores. The conversation highlights NACA’s innovative programs, including converting Section 8 housing vouchers into mortgage payments, the $1 Homeownership Program for vacant properties, and large-scale, community-based homebuying events that process thousands of families in days rather than months. Marks frames homeownership as a tool for wealth-building, community stability, crime reduction, and racial equity. Purpose of the Interview The purpose of the interview is threefold: Educate listeners about alternative paths to homeownership that defy traditional mortgage industry norms. Challenge myths about credit scores, Section 8 recipients, and affordability. Promote NACA’s model as a scalable, nationwide solution to the housing affordability crisis and racial wealth gap. Key Takeaways 1. NACA’s Mortgage Model Is Radically Different No down payment No closing costs or fees Below-market, fixed interest rates Credit scores are not used; lending is based on payment history and financial behavior. 2. Predatory Lending Targets Vulnerable Communities Marks defines predatory lending as mortgages “structured to fail”, citing the 2008 housing crisis as a direct result of unaffordable loan structures that later doubled or tripled payments. 3. Section 8 as a Pathway to Ownership and Wealth NACA enables families to apply their Section 8 Housing Choice Vouchers toward mortgage payments, allowing renters to build equity instead of enriching landlords. Over a 20‑year term, this can result in $200,000–$300,000 in personal wealth. 4. The $1 Homeownership Program Is a Game Changer Cities sell vacant homes or lots to buyers for $1, while NACA finances renovation or new modular construction—cutting costs by eliminating developers and enabling homes to be built for roughly $120,000 total. 5. Scale and Impact Matter NACA operates in all 50 states Newark event drew 25,000+ people over five days Over 75,000 homeowners served Foreclosure rate: 0.00012. Notable Quotes from Bruce Marks “We have the best mortgage in the country.”. “Predatory lending is a mortgage that is structured to fail.”. “What you’re doing is the wealth is now going to the person with a Section 8, not to the landlord.”. “We do character-based lending, never looking at someone’s credit score.”. “Homeownership is a safety issue, it’s an anti-crime issue.” Bottom Line The interview positions Bruce Marks and NACA as disruptors of the traditional mortgage industry, proving that affordability, scale, and advocacy can coexist. The message is clear: homeownership should be a right earned through responsibility and support—not a privilege restricted by wealth, credit scores, or predatory systems.. #SHMS #BEST #STRAW Support the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviews Bruce Marks. CEO of NACA – America's Best Mortgage Program. The incredible NACA mortgage allows NACA Members to purchase their homes with the following: Below is a structured summary of the Bruce Marks interview with Rushion McDonald on Money Making Conversations Masterclass, based entirely on the interview transcript you provided. All points and quotes are drawn from that source. Interview Summary Bruce Marks, founder and CEO of NACA (Neighborhood Assistance Corporation of America), joins Rushion McDonald to discuss his four-decade mission to make affordable homeownership accessible to working families, particularly those historically excluded from the housing market. Marks explains how NACA fights predatory lending while simultaneously offering what he calls “the best mortgage in America”—characterized by no down payment, no closing costs, no fees, low fixed interest rates, and no reliance on credit scores. The conversation highlights NACA’s innovative programs, including converting Section 8 housing vouchers into mortgage payments, the $1 Homeownership Program for vacant properties, and large-scale, community-based homebuying events that process thousands of families in days rather than months. Marks frames homeownership as a tool for wealth-building, community stability, crime reduction, and racial equity. Purpose of the Interview The purpose of the interview is threefold: Educate listeners about alternative paths to homeownership that defy traditional mortgage industry norms. Challenge myths about credit scores, Section 8 recipients, and affordability. Promote NACA’s model as a scalable, nationwide solution to the housing affordability crisis and racial wealth gap. Key Takeaways 1. NACA’s Mortgage Model Is Radically Different No down payment No closing costs or fees Below-market, fixed interest rates Credit scores are not used; lending is based on payment history and financial behavior. 2. Predatory Lending Targets Vulnerable Communities Marks defines predatory lending as mortgages “structured to fail”, citing the 2008 housing crisis as a direct result of unaffordable loan structures that later doubled or tripled payments. 3. Section 8 as a Pathway to Ownership and Wealth NACA enables families to apply their Section 8 Housing Choice Vouchers toward mortgage payments, allowing renters to build equity instead of enriching landlords. Over a 20‑year term, this can result in $200,000–$300,000 in personal wealth. 4. The $1 Homeownership Program Is a Game Changer Cities sell vacant homes or lots to buyers for $1, while NACA finances renovation or new modular construction—cutting costs by eliminating developers and enabling homes to be built for roughly $120,000 total. 5. Scale and Impact Matter NACA operates in all 50 states Newark event drew 25,000+ people over five days Over 75,000 homeowners served Foreclosure rate: 0.00012. Notable Quotes from Bruce Marks “We have the best mortgage in the country.”. “Predatory lending is a mortgage that is structured to fail.”. “What you’re doing is the wealth is now going to the person with a Section 8, not to the landlord.”. “We do character-based lending, never looking at someone’s credit score.”. “Homeownership is a safety issue, it’s an anti-crime issue.” Bottom Line The interview positions Bruce Marks and NACA as disruptors of the traditional mortgage industry, proving that affordability, scale, and advocacy can coexist. The message is clear: homeownership should be a right earned through responsibility and support—not a privilege restricted by wealth, credit scores, or predatory systems.. #SHMS #BEST #STRAW See omnystudio.com/listener for privacy information.