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Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is

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Speaker 1: all you need.

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Speaker 2: Earners, Listen up.

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Speaker 3: When people all around the world first started going out

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Speaker 3: protesting this summer, you'd hear it over and over. This

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Speaker 3: time is different, But how and who are the people

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Speaker 3: trying to make it different? And give us new podcast

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Speaker 3: resistance posts, SAYI T John Thomas Jr. Brings us stories

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Speaker 3: from the front lines of the movement for Black lives,

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Speaker 3: told by the generation fighting for the change. It's a

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Speaker 3: show about people refusing to accept things as they are

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Speaker 3: and how we can make sure this time really is different.

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Speaker 3: Resistance is out now, follow and listen for free on Spotify.

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Speaker 4: My graduates from my school being forced back drop, Mike,

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Speaker 4: drop backdrop.

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Speaker 5: Oh that's how you're doing it now.

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Speaker 6: That's what we're doing now, my stupid son.

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Speaker 5: That's that's how we're giving it up there. Brolly.

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Speaker 6: All right, bro, I'm getting all my eyes getting bad. Man.

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Speaker 5: I like the red backdrop. Those those prescription glasses.

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Speaker 6: Yeah, I got I like scripting them. I'll be you know,

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Speaker 6: I'll be in front of these computer monitors all day.

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Speaker 5: Man.

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Speaker 6: So eighteen years sitting in front of a desk and

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Speaker 6: looking at computers to kind of like hurt your eyes

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Speaker 6: at some point, you know, I.

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Speaker 5: Feel on that. Man, I think I'm about to get

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Speaker 5: reading glasses.

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Speaker 6: Yeah, these are my good I got scripts on these.

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Speaker 6: I got scripts on my other one. But yeah, man,

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Speaker 6: we here, man.

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Speaker 5: Let's let's do it. Man. So, Yeah, we were just

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Speaker 5: telling people.

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Speaker 7: He was in Atlanta and we came back and we

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Speaker 7: had to actually move off flight up just to actually

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Speaker 7: make this happen.

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Speaker 5: Because we had to make this happen. No, no, no

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Speaker 5: way around it.

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Speaker 6: So I just get Atlanta is different, y'all.

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Speaker 5: We've got to shout he was out there looking twelve hours.

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Speaker 6: Yeah, you know, I had to put up for twelve

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Speaker 6: hours real quick.

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Speaker 2: You know.

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Speaker 6: It was a good look out there. But Atlanta is different.

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Speaker 8: Man.

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Speaker 6: It's like nothing happened, Like COVID doesn't even in Wakanda.

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Speaker 6: It's like a force field out there. Man, It's like

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Speaker 6: not a masking sight except for people who come from

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Speaker 6: up north.

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Speaker 9: Heya, we got a funny story we're gonna tell you after.

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Speaker 9: But the place we went after we ate came up

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Speaker 9: in an interview.

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Speaker 5: We did really.

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Speaker 6: In a recent one shot.

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Speaker 5: Yes, that's a big one. Ye.

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Speaker 7: Arguably, that arguably might be our biggest episode to date.

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Speaker 6: Yeah, that I think. I think that's gonna go virals.

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Speaker 6: Prepare yourself.

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Speaker 5: It's a good chance, good chance, a good chance of

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Speaker 5: that going viral.

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Speaker 6: Real good chance.

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Speaker 5: You know. We've got to show mister Leon, how shout

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Speaker 5: trapper shout.

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Speaker 6: Out to trapper man. Nothing but love for the god trap.

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Speaker 5: Man, Atlanta.

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Speaker 7: Everybody's in Atlanta right now. Man, it's no place like Atlanta.

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Speaker 7: Right in Atlanta, I can't front. Atlanta got it. And

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Speaker 7: I love New York, but you're trying to leave us.

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Speaker 7: Atlanta got it right now.

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Speaker 6: Atlanta got it, definitely. New York is dead. Unfortunately, New

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Speaker 6: York is dead, y'all. Atlanta at night is like the

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Speaker 6: city last year. You know what I'm saying. Right now,

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Speaker 6: New York, you're going, You're go on the city. Man,

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Speaker 6: it's terrible.

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Speaker 5: Man.

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Speaker 7: Somebody said, this is live live. Yeah, this is live.

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Speaker 7: This is actually happening right now. Current is live, This

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Speaker 7: is currently happening.

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Speaker 5: We just we just read what you said.

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Speaker 7: So so yeah, man, Matt, that is just a brilliant dude, everybody.

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Speaker 7: I told the stories of a million times. I'll tell

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Speaker 7: the story again. But we did the last episode two

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Speaker 7: weeks ago. A week ago, Uh one O four episode

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Speaker 7: one of four. You haven't watched EYO one O four yet,

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Speaker 7: you're doing yourself committed to service a bunch of bunch

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Speaker 7: of gyms. All the clips on Instagram went crazy viral

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Speaker 7: and if you ever d m that, you know he's

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Speaker 7: not the best. He's great as far as the information

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Speaker 7: that he gives, but he's not the best as far.

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Speaker 5: As answering his dms.

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Speaker 6: He's over, I'm gonna spit out my red bulls. I

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Speaker 6: didn't expect that one.

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Speaker 7: So that's not the best when it comes to answering

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Speaker 7: dm So it was just chatting, like you know, people

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Speaker 7: got and he just dropped his encyclopedia. You don't talk

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Speaker 7: about that the whole blueprints. So it's like the follow

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Speaker 7: up episode. We usually we do like an Instagram live

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Speaker 7: or something. We're like, you want't we just do a

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Speaker 7: YouTube live like seminof webinar or relationships really just a

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Speaker 7: question answer because it's like, I'm sure a lot of

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Speaker 7: people have the same questions and stuff as opposed to

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Speaker 7: like people sending a bunch of messages that have a

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Speaker 7: very low percentage of getting answered.

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Speaker 5: Do something. We could do something.

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Speaker 7: We could do something something live for about an hour

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Speaker 7: answer questions. We got Uyo University members on the zoom,

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Speaker 7: and then we got YouTube obviously just on the YouTube

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Speaker 7: checking and yeah, that way we can kill two birds

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Speaker 7: of one stone. We can recap the episode and answer

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Speaker 7: questions that people may have from that, and then we

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Speaker 7: can also if people have questions about the Like I said,

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Speaker 7: the encyclopedia, that's just drop. We'll talk about that in

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Speaker 7: a little bit. And yeah, just try to just give

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Speaker 7: people some information because, as I said before, the thing

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Speaker 7: about buying a home, it's kind of like buying the cart,

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Speaker 7: same thing, but it's a bigger purchase than buying a car,

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Speaker 7: is that there's no real they don't teach you how

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Speaker 7: to do it right. You would think that that, like

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Speaker 7: that's something that should be mandatory to be taught in school,

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Speaker 7: like how.

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Speaker 5: Do you buy a home?

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Speaker 7: Because even like I'm thinking, like, you know, buying a

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Speaker 7: home is easy until I'm talking to Matt and he's

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Speaker 7: explaining all of these programs and these bank statement loans

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Speaker 7: and foreign answer loans and the interest rates and the

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Speaker 7: refies and how you can do this and more mortgage

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Speaker 7: contendency dates, and it's like there's so much stuff. Who

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Speaker 7: really understands all this stuff unless you actually work in

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Speaker 7: the real estate field as like a broker or something

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Speaker 7: like that. Like the average person stands no chance. So

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Speaker 7: what ends up happening is that they just get a

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Speaker 7: real estate agent or a mortgage broker and they just

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Speaker 7: go with whatever they tell them.

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Speaker 5: Bill I have a home, and I would say, and

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Speaker 5: I took the course. Shout out to you, man.

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Speaker 9: Shout out to you for taking the course eighty five

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Speaker 9: percent of itself.

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Speaker 5: I had no idea, and I'm like, damn, I could

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Speaker 5: have saved so much money. You know what I'm saying,

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Speaker 5: Like it's ridiculous.

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Speaker 9: Like so exactly what Shotty said is even if you

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Speaker 9: have a home, there's still so much that we don't

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Speaker 9: know and that we can still probably benefit from.

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Speaker 5: Yeah.

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Speaker 7: So, and somebody that in YouTube, the EYOL member how

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Speaker 7: they get dream acts. So on the Facebook it was emailed.

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Speaker 7: But if you just go to Facebook, our Facebook group,

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Speaker 7: it's in there. It's in the Facebook group right now.

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Speaker 5: And momone, I said, what you put we all live,

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Speaker 5: you're here with us. Yeah, So we're gonna answer questions.

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Speaker 7: We're gonna answer question and we're gonna open it up

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Speaker 7: to EYO, you and everybody. So feel free to answer questions.

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Speaker 7: But I'll started off with the one question for myself.

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Speaker 7: So mortgage contingency Dame, what is that is a mortgage

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Speaker 7: contingency date?

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Speaker 6: Good question? So, first, first and foremost, thank you for

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Speaker 6: again having me on the platform. And I really love

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Speaker 6: what you guys are doing with your with your platform

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Speaker 6: and just educating the community on something that I love

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Speaker 6: and I'm passionate about, which is real estate finance and

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Speaker 6: real estate. So mortgage contingency dates, right, there's several dates

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Speaker 6: that's in your contract. And there's first before I go

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Speaker 6: into there, there's states that are non attorney states, and

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Speaker 6: there are states that are attorney states. Right, So New

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Speaker 6: York is considered an attorney state. States like Georgia is

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Speaker 6: considered a non attorney state. So when you sign in

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Speaker 6: a contract in the state of Georgia, the real estate

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Speaker 6: agent is the one who's going over the contract. Well,

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Speaker 6: the offer is pretty much the contract, right, and then

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Speaker 6: when the seller signs it, they accept it. Now you're

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Speaker 6: in a buying the contract. So there's there's dates that

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Speaker 6: you have to know. And that's one of the main

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Speaker 6: reasons why I highlighted the purchase agreement in the course

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Speaker 6: in the Blueprint and the Home Bise blue Print Volume

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Speaker 6: one is because a lot of folks anybody could be

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Speaker 6: a real estate agent, right, but doesn't mean they understand

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Speaker 6: the law and they understand what people are signing to.

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Speaker 6: And there's a lot of times people are signing contracts

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Speaker 6: and the realtors are not explaining to them certain dates

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Speaker 6: have to be met by a certain time, and people

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Speaker 6: getting themselves jammed up or putting themselves into contracts that

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Speaker 6: have unrealistic dates. Now, the mortgage contingency date is probably

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Speaker 6: the most important in the contract because that basically states

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Speaker 6: that you have to have a loan commitment by a

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Speaker 6: certain period of time. And if you don't have that

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Speaker 6: loan commitment and by a certain period of time, you

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Speaker 6: could be in breach of your contract. Once you get

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Speaker 6: a loan commitment, right, and you produce that to your

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Speaker 6: attorney or the realtors, and they produce it to the seller,

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Speaker 6: then that means you're locked into that deal. Now you

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Speaker 6: can't back out, right. So there's a lot to unpacking that,

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Speaker 6: and I kind of go through, you know, in deep

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Speaker 6: details in the blueprint about this of how the mortgage

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Speaker 6: contingency date can either be your friend or it could

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Speaker 6: be your enemy. You know what I'm saying, because if

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Speaker 6: you don't, let's just say, for example, on what's today

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Speaker 6: October twenty second, let's just say your mortgage contingency date

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Speaker 6: was November first, For example, if you know you can't

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Speaker 6: meet that mortgage contingency date a week before that, you

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Speaker 6: need to be asking for an extension to give you

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Speaker 6: more time, because if you let that date pass and

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Speaker 6: you don't say nothing, the sellers can technically kill the

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Speaker 6: deal and keep your money. Right, but let's just say

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Speaker 6: on the flip side, you do get approved for a

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Speaker 6: loan and it's before the mortgage contingency date, and when

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Speaker 6: you get approved for the loan, you need to read

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Speaker 6: the long commitment to make sure that you can provide

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Speaker 6: the lender with the information the conditions that they are

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Speaker 6: asking for, right, Because if you can't provide that conditions

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Speaker 6: to your lender and clear those conditions most importantly, and

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Speaker 6: you produce that commitment to the seller side, you just

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Speaker 6: locked yourself into the deal and there's no way of

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Speaker 6: getting your money back unless the sellers are just going

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Speaker 6: to be nice and let you go. And in this market,

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Speaker 6: sellers are not playing around because home prices are skyrocket

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Speaker 6: and homes are flying off the roof. I mean, there

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Speaker 6: was a report that was released today by the National

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Speaker 6: Association and relatives are saying how September was like one

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Speaker 6: of the biggest months ever right for home sales. Oh,

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Speaker 6: there's a lot happening that's in the seller's favor right now.

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Speaker 6: And they're not trying to play no games with these

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Speaker 6: buys out here who are not serious about purchasing the property,

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Speaker 6: because now you're tying them up. So it's very important

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Speaker 6: if anybody's out here, especially in non attorney states, especially

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Speaker 6: understand the mortgage contingency date and make sure you have

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Speaker 6: enough time to meet that date. Make sure you speak

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Speaker 6: to your lender, your loan officer, and let them know, hey,

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Speaker 6: my mortgage contingency date is November first. Do you think

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Speaker 6: we have enough time to get a loan commitment? And

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Speaker 6: the reason why I'm us and this is the mortgage

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Speaker 6: industry is on fire right now. They're predicting right now

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Speaker 6: that the mortgage industry is going to do three point

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Speaker 6: one trillion dollars in originations in twenty right that is

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Speaker 6: the second largest origination yeah, in US history, right behind

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Speaker 6: two thousand and three. I don't think you guys really

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Speaker 6: understand what I'm trying to tell you right now. That

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Speaker 6: means as busy as hell. You know what I'm saying.

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Speaker 6: Lenders are backed up across the but it's too many

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Speaker 6: it's more loans than bodies to process and underwrite these loans,

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Speaker 6: turnaround times are delayed across the board. So you need

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Speaker 6: to ensure that your lender has the capacity number one

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Speaker 6: and number two they can meet these dates, because if

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Speaker 6: you don't meet these mortgage contingency dates, you can be

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Speaker 6: putting yourself in a bad position.

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Speaker 9: Now, so I don't meet the day. Let's say I

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Speaker 9: don't meet the day, but I do follow for the extension.

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Speaker 9: How long is my extension? And am I granted that once?

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Speaker 9: Is that a one time thing?

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Speaker 6: It depends bro and all honesty. It depends on the deal.

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Speaker 6: It depends on the seller, It depends on the gociation tactics,

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Speaker 6: or the lawyers involved, or the realtor's involved. I mean

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Speaker 6: typically I was saying, New York, they'll give you a

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Speaker 6: little bit more time because New York is a little

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Speaker 6: bit more laxed when it comes to closing dates and

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Speaker 6: contingency dates than other states. New York you can probably

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Speaker 6: get another two weeks, three weeks if you need it,

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Speaker 6: if you have good reason and the sellers are okay

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Speaker 6: with it, and they're that you're want to get approved,

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Speaker 6: and you know, you can probably get two, three more

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Speaker 6: weeks to get a long commitment. But in states like

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Speaker 6: George Florida, Bro, they don't give a damn. They'd be like, Yo,

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Speaker 6: you got five days by five pm next Friday. If

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Speaker 6: you don't got it, we're keeping your money. Deal is dead.

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Speaker 6: You know what I'm saying. Like, it's crazy, bro. So

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Speaker 6: you got to just make sure that you just you

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Speaker 6: and your lenda are on the same team and on

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Speaker 6: the same page.

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Speaker 9: So we got the lawyers contendency date, but there's also

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Speaker 9: an appraisal contingency date too.

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Speaker 6: Right, Yeah, so you you some contracts will have due

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Speaker 6: diligence periods, right, So in a due diligence period, you

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Speaker 6: have to get certain things done within that time, and

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Speaker 6: it could be a very different things.

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Speaker 5: Right.

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Speaker 6: The due diligence period can include getting your home inspection.

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Speaker 6: They might want you to have your loan, do complete

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Speaker 6: a loan application, apply for a loan by a certain time.

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Speaker 6: But really with a mortgage, an appraisal contingency. What I've

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Speaker 6: seen in contracts is basically stating that if you're home,

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Speaker 6: let's just say you get into contract. Right, we're in

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Speaker 6: bidding walls across the country, so let's just say you're

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Speaker 6: looking for a house the list price was five hundred,

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Speaker 6: but you overbid it because you want you love the house,

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Speaker 6: and you want to wear And let's just say you

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Speaker 6: you put in a bid for five fifty. Check to

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Speaker 6: see if there's a praiser contingency, because if there's appraisal contingency,

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Speaker 6: and if the seller is saying, we don't care what

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Speaker 6: the house apprais is for, you still have to buy

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Speaker 6: my house, right, you could be locking yourself into another

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Speaker 6: deal as well, because in these appraisal contingencies, the seller

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Speaker 6: can say, well, you offered five to fifty, I want

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Speaker 6: five to fifty. If the house comes in for five hundred,

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Speaker 6: we're not killing a deal. You have to come to

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Speaker 6: the table with that ultra fifty k. So it's very

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Speaker 6: important when you're reading your contract and make sure there's

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Speaker 6: no language like that in appraisal contingency sections that can

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Speaker 6: jam you in, especially when you overbid, because like here

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Speaker 6: in New York, I'm starting to see more of that

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Speaker 6: where folks have just bid in twenty thousand and thirty

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Speaker 6: thousand and fifty thousand above asking, but they're using it

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Speaker 6: as a strategy, right, And this could be a good strategy.

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Speaker 6: Bid overbid when the offer and when the appraisal comes,

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Speaker 6: try to negotiate back down to the lower price. But

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Speaker 6: if you got that appraisal contingency in there and the

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Speaker 6: language states that it doesn't matter what that value came

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Speaker 6: in from the appraiser, then you can lock yourself into

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Speaker 6: a deal.

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Speaker 9: Yeah, that's that's a Goldennother right there, because that could

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Speaker 9: potentially take fifty two one hundred thousand. Right you bid

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Speaker 9: on a house at six hundred, it comes back at five,

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Speaker 9: You got to pay that six.

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Speaker 5: It's in the contract.

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Speaker 7: If you're on YouTube or if you're in zoom, if

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Speaker 7: you never heard that before, put a one in the

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Speaker 7: chat because that's something like appraisal contingency. But, like I said,

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Speaker 7: there's so much stuff for buying a home, like even

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Speaker 7: if you're highly educated.

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Speaker 6: So look, so I want to take a quick quick

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Speaker 6: comment that aid Aid in the in the YouTube comment

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Speaker 6: said he said appraisal contingencies are so rare. Inspection contingencies

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Speaker 6: are more common. He is correct, but they're only rare

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Speaker 6: because people don't know about them, and a lot of realtors.

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Speaker 6: You got to think about it. Every anybody could be

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Speaker 6: a licensed real to anybody can do a deal. If

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Speaker 6: they're not savvy enough, they're not going to know about this,

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Speaker 6: you know what I'm saying. But if you're dealing with sharks,

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Speaker 6: you know, a shark attorney, a shark list, they know

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Speaker 6: about the praiser contingencies and they will have it in

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Speaker 6: there because they know you're just overbidding on purpose and

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Speaker 6: they want to make sure remember their duty, their fiducial

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Speaker 6: duty is for the seller, not you. You know what

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Speaker 6: I'm saying. So the sharks know about this, and they

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Speaker 6: are putting this in contracts now, So it is rare,

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Speaker 6: but it does happen.

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Speaker 7: Matt, you good, got touch of covid? See like little

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Speaker 7: nasal in a cough a little bit?

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Speaker 6: Nah? I got no? Waut you covid? What the.

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Speaker 2: No?

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Speaker 5: You started sweating? Sleep bro.

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Speaker 6: Touching covid?

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Speaker 5: That was like you're about to go do a computer?

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Speaker 6: Man.

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Speaker 5: We need you. We need you out here, yo, we

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Speaker 5: need you, broy.

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Speaker 6: Know what are you talking about to? I sound crazy

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Speaker 6: right now?

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Speaker 5: You look good? You sound good? You look good man?

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Speaker 9: Yo?

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Speaker 6: What's wrong with you?

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Speaker 5: Yo?

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Speaker 6: You know we live right.

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Speaker 5: Anythink you're like? Yo? No, we just like to have fun.

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Speaker 6: We like to.

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Speaker 5: We like that.

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Speaker 6: It's all good.

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Speaker 9: All right, let's take a question. Let's take a question,

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Speaker 9: e y l University. If y'all got a questions, just

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Speaker 9: raise your hands, and you know it's worse. We're going

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Speaker 9: to keep the same type of guidelines. If you got

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Speaker 9: a question, we're gonna call you yourself. Let's keep it appropriate.

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Speaker 9: Let's keep it to.

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Speaker 6: Everybody in the YouTube comments laughing the ass off. I'm

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Speaker 6: gonna get you on, y'all.

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Speaker 2: D m me.

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Speaker 6: How about that?

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Speaker 5: You yourself.

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Speaker 6: Got me sweating.

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Speaker 5: Man?

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Speaker 6: Yeah, yeah, my yo. The office is right there at

384
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Speaker 6: the studio right now is crazy hoppy and this light

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Speaker 6: is crazy you high.

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Speaker 5: It's red in the background.

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Speaker 7: Look like you look like you're in hell right now,

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Speaker 7: like it got the double red dark is hot your lights?

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Speaker 5: The blue bro?

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Speaker 6: Nah, I like the red today, like.

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Speaker 5: A Halloween like situation going on some horns. You know

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Speaker 5: what it really looked like like you in like Super

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Speaker 5: Mario Brothers or something. No furnace furnish red. I'm sorry.

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Speaker 10: You're good, y'all good. First of all, I rebuked that

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Speaker 10: there's no touch of COVID on you. We're all good there.

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Speaker 6: I rebuked that too, so it's it's Samara.

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Speaker 10: But my question is in terms of doing a refinance, Obviously,

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Speaker 10: you know rates are low, a lot of people are

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Speaker 10: getting into that, and in terms of both like the

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Speaker 10: blueprint and how much you cover there and just generally

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Speaker 10: speaking going into a REFI what are some things that

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Speaker 10: you should kind of know and expect. I know, getting

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Speaker 10: a lower interest rate is usually top of mind there.

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Speaker 10: I went through one previously and I ended up having

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Speaker 10: to pay some money out of pocket because I ended

406
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Speaker 10: up getting When we've talked about this before, my house

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Speaker 10: got appraised for lower than you know what it was

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Speaker 10: actually not worth, but you know, it came in at

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Speaker 10: a lower praises, so I didn't hit the threshold for

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Speaker 10: the loan amount at a certain percentage. So what are

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Speaker 10: some things to kind of keep in mind when you're

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Speaker 10: doing a refile?

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Speaker 6: First, determine what your goals are, right, I think most

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Speaker 6: people they just say, yeah, I want to refinance, I

415
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Speaker 6: know rates are low, but they don't really have a plan.

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Speaker 6: So you got to determine if you want to go

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Speaker 6: back to the thirty it's your goal just to really

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Speaker 6: save money. Are you looking at if you have equity

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Speaker 6: in the house, Are you looking to pull some of

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Speaker 6: that equity out so that way you can that way

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Speaker 6: you can invest into other projects. Understanding the comps of

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Speaker 6: your neighborhood I think is very important. You know, take

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Speaker 6: a look at your neighborhood of homes that are similar

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Speaker 6: to you. I mean, we discussed the appraisal process thoroughly

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Speaker 6: in the blueprint. I actually had a license appraiser talk

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Speaker 6: about that part where you've got to really thoroughly look

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Speaker 6: at the comps. Because there's a lot of home sales

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Speaker 6: right now, and if you are a homeowner, you purchased

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Speaker 6: your house a couple of years ago, it's a good

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Speaker 6: possibility you have a good chunk of equity in your

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Speaker 6: house right now. So I would definitely advise probably taking

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Speaker 6: advantage of that and using that to you know, start

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Speaker 6: your investing career if that's something you want to do.

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Speaker 6: But ultimately, everybody has a different goal when it comes

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Speaker 6: to rEFInd it, and so it's really depending on what

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00:21:01,680 --> 00:21:04,919
Speaker 6: that person wants and needs are at that moment. Some

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Speaker 6: people just refinance just for the hell of it, just

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Speaker 6: to say they refinancing. But I think you you got

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00:21:10,520 --> 00:21:13,080
Speaker 6: to be mindful of the closing costs and things that

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Speaker 6: nature too. So if you're going to refinance, you got

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Speaker 6: to make sure you do some damage with the refound,

442
00:21:19,359 --> 00:21:22,760
Speaker 6: meaning take cash out, lower your time, you know, things

443
00:21:22,760 --> 00:21:25,320
Speaker 6: that nature. Just don't look to save money, look for

444
00:21:25,440 --> 00:21:27,320
Speaker 6: other things. You know, maybe you need to do some

445
00:21:28,440 --> 00:21:31,119
Speaker 6: home improving in your house to get the value up,

446
00:21:31,480 --> 00:21:33,879
Speaker 6: you know, take advantage of the low rates by taking

447
00:21:33,920 --> 00:21:35,520
Speaker 6: equity out at the same time too.

448
00:21:36,960 --> 00:21:41,960
Speaker 10: All right, that makes sense. So so the closing costs

449
00:21:41,960 --> 00:21:44,159
Speaker 10: then you mentioned, is a part of that as well,

450
00:21:44,280 --> 00:21:46,920
Speaker 10: or there are other costs. That's what threw me off.

451
00:21:47,680 --> 00:21:50,480
Speaker 6: Yeah, there's always going to be closing costs, right, anytime

452
00:21:50,520 --> 00:21:54,640
Speaker 6: you do a transaction, there's always always closing costs. Now,

453
00:21:54,840 --> 00:21:57,720
Speaker 6: closing costs on a refinance if you have the equity

454
00:21:57,920 --> 00:21:59,960
Speaker 6: is rolled into the loan. Typically the only out of

455
00:22:00,080 --> 00:22:02,760
Speaker 6: pocket expenses the cost of the appraisal when you're doing

456
00:22:02,760 --> 00:22:06,240
Speaker 6: the refinance. But closing costs, depending on where you located

457
00:22:06,280 --> 00:22:08,800
Speaker 6: in your loan amount can be anywhere from three to

458
00:22:08,960 --> 00:22:11,360
Speaker 6: five percent, just depending on location of the property.

459
00:22:11,880 --> 00:22:14,360
Speaker 10: Got it all right, Thank you, Thank you.

460
00:22:14,760 --> 00:22:18,320
Speaker 7: Thank you answers YouTube question shout out to all the

461
00:22:18,359 --> 00:22:22,240
Speaker 7: super chats on YouTube events. Shout out to your shout

462
00:22:22,240 --> 00:22:27,879
Speaker 7: out to Philly, I believe, and shout out to be

463
00:22:28,040 --> 00:22:32,080
Speaker 7: Marie one hundred dollars super chat. Appreciate you, she said,

464
00:22:32,440 --> 00:22:35,919
Speaker 7: can you speak for sale by court appointed Receiver.

465
00:22:42,840 --> 00:22:45,040
Speaker 11: All right, guys, so a lot of people access how

466
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467
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Speaker 11: dot fm to get started.

479
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Speaker 5: Let's do it.

480
00:23:29,640 --> 00:23:30,240
Speaker 6: What's up, y'all?

481
00:23:30,280 --> 00:23:31,960
Speaker 3: It's the fourth quarter, it's a new month, and what

482
00:23:32,160 --> 00:23:33,880
Speaker 3: better way to start it than to coming to join

483
00:23:33,960 --> 00:23:35,400
Speaker 3: us at eyl University.

484
00:23:35,600 --> 00:23:38,879
Speaker 11: Yes, the fourth quarter is where star players make a

485
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Speaker 11: name for themselves, So come and join the number one roster.

486
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Speaker 11: Eyo University is the biggest platform for business in the universe.

487
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Speaker 11: We have over seventy past classes, weekly classes. We have

488
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Speaker 11: a private investment group on Facebook which gives you access

489
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Speaker 11: to our movie club, our book club. We also have

490
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Speaker 11: bi weekly real estate calls with MG the Mortgage Guy,

491
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492
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Speaker 5: Than yours truly.

493
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Speaker 11: So head over to EYL University dot com right now

494
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Speaker 11: and into promo EYL for forty off of our annual membership.

495
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Speaker 6: That's right, don't wait, don't hesitate, head over.

496
00:24:18,760 --> 00:24:20,399
Speaker 5: We'll see you on the other side. Let's do it.

497
00:24:31,720 --> 00:24:33,200
Speaker 6: Can I speak by I said, what do you want

498
00:24:33,200 --> 00:24:34,320
Speaker 6: to know? What's the question?

499
00:24:35,600 --> 00:24:36,520
Speaker 5: M what's the question?

500
00:24:37,520 --> 00:24:39,480
Speaker 6: Yeah? Because that can go a million different ways, you

501
00:24:39,480 --> 00:24:39,960
Speaker 6: know what I'm saying?

502
00:24:40,600 --> 00:24:44,280
Speaker 12: Yeah, man, While she comes back with that question and

503
00:24:44,320 --> 00:24:45,320
Speaker 12: I'm glad you brought that up.

504
00:24:45,359 --> 00:24:46,199
Speaker 5: The type of fees.

505
00:24:46,400 --> 00:24:48,440
Speaker 12: Can you talk about the adjustment fees that come with

506
00:24:48,520 --> 00:24:51,400
Speaker 12: the closing, because that's something that people will be surprised

507
00:24:51,400 --> 00:24:54,520
Speaker 12: by that will add added costs that they weren't expected.

508
00:24:54,520 --> 00:24:56,000
Speaker 5: Can you talk about some of the adjustment.

509
00:24:55,680 --> 00:24:59,400
Speaker 6: Fees in terms of like taxes and things of that kind.

510
00:24:59,200 --> 00:25:02,320
Speaker 9: Of maybe there was something in the appraisal that they

511
00:25:02,320 --> 00:25:04,560
Speaker 9: said that you have to add on oil.

512
00:25:04,920 --> 00:25:05,560
Speaker 5: Things like that.

513
00:25:06,400 --> 00:25:09,399
Speaker 6: Well, that's if when you purchasing right. So when you

514
00:25:09,680 --> 00:25:13,360
Speaker 6: when you purchasing a home, you get you get initial

515
00:25:13,400 --> 00:25:17,600
Speaker 6: closing disclosure or CD. Now depending on again, where the

516
00:25:17,640 --> 00:25:20,120
Speaker 6: property is located, like in New York. I'm just gonna

517
00:25:20,119 --> 00:25:23,159
Speaker 6: speak for New York as an example on this. So

518
00:25:23,200 --> 00:25:25,320
Speaker 6: in New York, when you get a that's not really

519
00:25:25,320 --> 00:25:27,640
Speaker 6: the final number that you're gonna bring to closing. Right

520
00:25:28,200 --> 00:25:30,800
Speaker 6: at the closing table, there's always some sort of adjustments.

521
00:25:30,960 --> 00:25:34,080
Speaker 6: Sometimes the seller will pay have paid taxes for the year.

522
00:25:34,359 --> 00:25:36,440
Speaker 6: Let's say if they got an oil tank. Sometimes they'll

523
00:25:36,480 --> 00:25:38,880
Speaker 6: pay oil in full for you. You got to reimburse

524
00:25:38,960 --> 00:25:42,000
Speaker 6: them at the closing. You always have to. You got

525
00:25:42,040 --> 00:25:45,120
Speaker 6: to pay for your attorney if you're in an attorney state.

526
00:25:45,240 --> 00:25:48,520
Speaker 6: That's not a part of the closing disclosures. The title,

527
00:25:48,640 --> 00:25:51,800
Speaker 6: the title rep right, the title, the notary that person.

528
00:25:52,000 --> 00:25:54,000
Speaker 6: Usually it is custom and condon to give them a tip.

529
00:25:54,040 --> 00:25:56,159
Speaker 6: It can be anywhere from two hundred to four hundred

530
00:25:56,200 --> 00:25:58,200
Speaker 6: bucks to give them a tip, because that's the person

531
00:25:58,240 --> 00:26:00,720
Speaker 6: who's responsible for recording the d with the county and

532
00:26:00,720 --> 00:26:02,719
Speaker 6: everything like that, so you definitely want to tempt them

533
00:26:02,760 --> 00:26:05,639
Speaker 6: as well. So those are things that get adjusted at

534
00:26:05,640 --> 00:26:09,000
Speaker 6: the table that you won't find out until really like

535
00:26:09,040 --> 00:26:13,320
Speaker 6: the day of. But on a refinance, it's pretty cut

536
00:26:13,359 --> 00:26:15,200
Speaker 6: and dry, you know. The one thing I would tell

537
00:26:15,240 --> 00:26:17,680
Speaker 6: you is be mindful, especially if you have your taxes

538
00:26:17,680 --> 00:26:20,719
Speaker 6: and insurance escroll right, cause it's too different. And I'm

539
00:26:20,760 --> 00:26:23,320
Speaker 6: glad you told about costs. Right. There's costs and then

540
00:26:23,359 --> 00:26:27,240
Speaker 6: there's escrow. These are two separate things. So your closed,

541
00:26:27,720 --> 00:26:30,960
Speaker 6: whether it's a refinance or a purchase, it will always

542
00:26:30,960 --> 00:26:34,400
Speaker 6: include both of those numbers. And people get confused because

543
00:26:34,400 --> 00:26:37,400
Speaker 6: they don't understand what's the cost and what the actual

544
00:26:37,600 --> 00:26:40,119
Speaker 6: escrow is. You know what I'm saying. The escrow is

545
00:26:40,160 --> 00:26:43,119
Speaker 6: not a fee. That's to manage your taxes and insurance.

546
00:26:43,440 --> 00:26:45,920
Speaker 6: And when you're close in on a loan, if taxes

547
00:26:45,920 --> 00:26:49,800
Speaker 6: are due within sixty days, the lender will require those

548
00:26:49,840 --> 00:26:52,560
Speaker 6: taxes to be picked up and paid at closing, plus

549
00:26:52,600 --> 00:26:55,200
Speaker 6: still set up an escrow account of three to six

550
00:26:55,240 --> 00:26:58,440
Speaker 6: months to manage that property taxes and insurance as well. Now,

551
00:26:58,480 --> 00:27:00,760
Speaker 6: depending on where you located, like if you're in New

552
00:27:00,880 --> 00:27:03,560
Speaker 6: York Westchuster, Long Island. If your tax is ten to

553
00:27:03,640 --> 00:27:06,280
Speaker 6: fifteen thousand, that could be a huge chunk of money

554
00:27:06,320 --> 00:27:09,120
Speaker 6: at the closing table extra, you know what I'm saying,

555
00:27:09,119 --> 00:27:11,040
Speaker 6: that you would have to bring to the table. So

556
00:27:12,000 --> 00:27:16,879
Speaker 6: just be mindful of your property taxes. Understand this stuff

557
00:27:16,880 --> 00:27:19,639
Speaker 6: because it comes up all the time and people you're like, oh,

558
00:27:19,640 --> 00:27:21,399
Speaker 6: I didn't know I had to pay that, and it's like,

559
00:27:21,600 --> 00:27:23,960
Speaker 6: you have property taxes. It has to be paid, you

560
00:27:23,960 --> 00:27:26,280
Speaker 6: know what I'm saying. So that's why it's very important

561
00:27:26,280 --> 00:27:28,720
Speaker 6: for people to understand closing courts and understand how to

562
00:27:28,760 --> 00:27:31,879
Speaker 6: read their loan estimates and their closing disclosures and know

563
00:27:32,000 --> 00:27:34,399
Speaker 6: exactly what they're getting into because it's not just about

564
00:27:34,400 --> 00:27:36,760
Speaker 6: the down payment. You know, when you see online people

565
00:27:36,760 --> 00:27:39,119
Speaker 6: are always advertising a talk and you need three percent

566
00:27:39,160 --> 00:27:41,760
Speaker 6: of three point five or as little as this money,

567
00:27:41,760 --> 00:27:43,919
Speaker 6: But people don't talk about the closing costs and a

568
00:27:43,920 --> 00:27:46,520
Speaker 6: breakdown of it. And that's what I cover, you know,

569
00:27:46,560 --> 00:27:48,280
Speaker 6: in detail in the blueprint.

570
00:27:48,480 --> 00:27:50,879
Speaker 9: Yeah, man, I got a quote with that adjustment. You

571
00:27:50,920 --> 00:27:52,919
Speaker 9: actually had a school text.

572
00:27:52,960 --> 00:27:55,840
Speaker 6: My Instagram name is MG the Mortgage Guy.

573
00:27:55,960 --> 00:27:57,880
Speaker 9: I got a school text bill that that was set

574
00:27:57,920 --> 00:28:01,240
Speaker 9: to me and I was like, oh, hey, I thought

575
00:28:01,280 --> 00:28:02,920
Speaker 9: that was taken here, but obviously it wasn't.

576
00:28:02,920 --> 00:28:04,120
Speaker 5: So appreciate that breakdown.

577
00:28:04,800 --> 00:28:06,919
Speaker 6: Yeah, and oh hold on, I'm glad you said that.

578
00:28:06,920 --> 00:28:11,000
Speaker 6: That's another good tip, right for future homeowners and for

579
00:28:11,080 --> 00:28:14,640
Speaker 6: current homeowners. Just because the bank is managing your taxes

580
00:28:14,640 --> 00:28:18,320
Speaker 6: and insurance, do not ignore the mail that comes to

581
00:28:18,359 --> 00:28:21,359
Speaker 6: you from the county or from the insurance company because

582
00:28:21,400 --> 00:28:24,560
Speaker 6: taxes insurance will always go up, and if you have

583
00:28:25,119 --> 00:28:27,800
Speaker 6: that included into your mortgage payment, then every year your

584
00:28:27,800 --> 00:28:31,240
Speaker 6: mortgage payment will go up too. Your principal and interest

585
00:28:31,359 --> 00:28:33,879
Speaker 6: is fixed because you got to fix rate, but that

586
00:28:34,160 --> 00:28:37,040
Speaker 6: escrow is what's going to fluctuate. So it's very important

587
00:28:37,119 --> 00:28:39,920
Speaker 6: you pay attention to those those letters because if the

588
00:28:40,080 --> 00:28:43,120
Speaker 6: escrow goes up, the bank doesn't care. They're going to

589
00:28:43,200 --> 00:28:46,280
Speaker 6: pay that bill. Because taxes are first lean on property.

590
00:28:46,360 --> 00:28:49,160
Speaker 6: If your taxes are not paid, then the county can

591
00:28:49,200 --> 00:28:51,400
Speaker 6: foreclose on you. So the bank is always going to

592
00:28:51,440 --> 00:28:53,960
Speaker 6: pay those taxes. But what you have to do is

593
00:28:54,040 --> 00:28:56,200
Speaker 6: make sure that the city or the county wherever you

594
00:28:56,240 --> 00:28:58,280
Speaker 6: live is not overcharging you. So you have to pay

595
00:28:58,320 --> 00:29:00,800
Speaker 6: attention to this and try to grew leave your taxes

596
00:29:01,120 --> 00:29:04,080
Speaker 6: if you think they're over taxing you. Even with your

597
00:29:04,080 --> 00:29:07,480
Speaker 6: homeowners insurance the first year your homeowners are two years,

598
00:29:07,520 --> 00:29:09,880
Speaker 6: your homeown insurance might be cheap, but then out of

599
00:29:09,920 --> 00:29:12,600
Speaker 6: the blue it may skyrocket another five hundred to one

600
00:29:12,600 --> 00:29:16,080
Speaker 6: thousand dollars. You're not married to that homeowners insurance company.

601
00:29:16,280 --> 00:29:18,520
Speaker 6: So if you see their price go up and you

602
00:29:18,560 --> 00:29:21,040
Speaker 6: call them, if they don't renegotiate it, go find a

603
00:29:21,080 --> 00:29:23,959
Speaker 6: new company. Is she your choice on who you know

604
00:29:24,000 --> 00:29:25,920
Speaker 6: you have homeowners insurance with? Not the bank?

605
00:29:27,400 --> 00:29:29,719
Speaker 5: Okay, all right, let's just so.

606
00:29:29,800 --> 00:29:32,600
Speaker 7: She actually responded, she said, thank you again for another

607
00:29:32,640 --> 00:29:36,440
Speaker 7: super chat. She said, looking at purchase, Looking at purchase,

608
00:29:36,480 --> 00:29:39,120
Speaker 7: I get looking at purchasing the purchase of thirty one

609
00:29:39,160 --> 00:29:41,680
Speaker 7: properties by quarter pointed receiver of financing.

610
00:29:42,440 --> 00:29:43,400
Speaker 5: Can it be done.

611
00:29:43,280 --> 00:29:48,120
Speaker 7: Without hard money question mark cost for property or bulk

612
00:29:48,520 --> 00:29:49,120
Speaker 7: question mark?

613
00:29:49,640 --> 00:29:51,720
Speaker 6: That's you're going to have to get some sort of

614
00:29:51,720 --> 00:29:55,000
Speaker 6: hard money blanket financing. That's all. If you're trying to

615
00:29:55,000 --> 00:29:57,120
Speaker 6: buy thirty one properties at one time and do a

616
00:29:57,160 --> 00:30:02,800
Speaker 6: portfolio deal, that's not conventional financing at that's all private financing,

617
00:30:04,160 --> 00:30:08,920
Speaker 6: hard money, hard money, asset base. You know, blanket loans,

618
00:30:09,240 --> 00:30:11,120
Speaker 6: you know things of that nature. That's the that's the

619
00:30:11,160 --> 00:30:13,280
Speaker 6: type of financing that she should try to seek to

620
00:30:13,600 --> 00:30:15,040
Speaker 6: get that portfolio done.

621
00:30:15,920 --> 00:30:17,040
Speaker 5: Yeah, makes sense.

622
00:30:17,280 --> 00:30:20,000
Speaker 6: You need a Linda who's going to specialize in, you know,

623
00:30:20,280 --> 00:30:22,080
Speaker 6: doing blankets. To be honest with.

624
00:30:22,080 --> 00:30:25,200
Speaker 7: You, YouTube, if you can hit the like button, we

625
00:30:25,280 --> 00:30:28,640
Speaker 7: greatly appreciate it. Thirteen hundred on the check in, We're

626
00:30:28,640 --> 00:30:31,000
Speaker 7: gonna go to a question to somebody because a couple

627
00:30:31,000 --> 00:30:32,800
Speaker 7: of people have asked where can they get So, yeah,

628
00:30:32,800 --> 00:30:34,840
Speaker 7: if you just joined it, So Matt, as I said,

629
00:30:34,840 --> 00:30:37,120
Speaker 7: this is a follow up from his episode, but it's

630
00:30:37,160 --> 00:30:41,360
Speaker 7: also a follow up from when he dropped his his encyclopedia.

631
00:30:41,400 --> 00:30:43,200
Speaker 5: I call it cycloped he calls it a blueprint.

632
00:30:43,200 --> 00:30:45,160
Speaker 7: But what it is is is I think it's like

633
00:30:45,160 --> 00:30:48,160
Speaker 7: one hundred and ten videos and it's a whole course

634
00:30:48,160 --> 00:30:50,280
Speaker 7: of a home buying course. And as I told him,

635
00:30:50,280 --> 00:30:53,120
Speaker 7: I'm like, this is crazy because I never got educated

636
00:30:53,160 --> 00:30:55,080
Speaker 7: on buying a home. And I think I come from,

637
00:30:55,200 --> 00:30:58,120
Speaker 7: you know, an educated family, and I never got educated

638
00:30:58,160 --> 00:31:00,520
Speaker 7: on buying a home. So it's crazy to have this

639
00:31:00,640 --> 00:31:02,520
Speaker 7: much information. I told him too, Like we put a

640
00:31:02,600 --> 00:31:06,200
Speaker 7: YouTube video on YouTube once a day, so to put

641
00:31:06,280 --> 00:31:08,600
Speaker 7: over one hundred and ten videos that it literally would

642
00:31:08,600 --> 00:31:11,520
Speaker 7: take us two years to upload that much content, so

643
00:31:11,760 --> 00:31:15,680
Speaker 7: it's really almost impossible to put all that content like staggered,

644
00:31:15,840 --> 00:31:18,040
Speaker 7: so to put it together, it's just a gym. And

645
00:31:18,040 --> 00:31:20,280
Speaker 7: what he did was he dropped on the podcast. He

646
00:31:20,280 --> 00:31:22,400
Speaker 7: did fifty percent for the first five hundred people. That

647
00:31:22,440 --> 00:31:24,640
Speaker 7: was last week. I spoke to him before we started

648
00:31:24,680 --> 00:31:27,640
Speaker 7: to see where he was at. Seventy eight slots left,

649
00:31:27,680 --> 00:31:30,920
Speaker 7: so this seventy eight slots left. After that the price

650
00:31:30,960 --> 00:31:33,920
Speaker 7: obviously the fifty percent goes away. But I mean I

651
00:31:33,960 --> 00:31:35,600
Speaker 7: actually went through it. I went through it myself, and

652
00:31:35,640 --> 00:31:38,800
Speaker 7: I was just amazed by it. So yeah, if you're interested,

653
00:31:38,800 --> 00:31:41,000
Speaker 7: I'm gonna put the link in the and here center

654
00:31:41,040 --> 00:31:42,800
Speaker 7: description as well. But yeah, I think he said it

655
00:31:42,840 --> 00:31:44,880
Speaker 7: was seventy eight slots. That's at the beginning of this video.

656
00:31:45,000 --> 00:31:48,320
Speaker 7: Seventy eight slots left for the fifty percent off discount.

657
00:31:48,360 --> 00:31:50,280
Speaker 7: But I just personally have never seen anything like it

658
00:31:50,320 --> 00:31:52,800
Speaker 7: before on the marketplace. So shout out to you, and

659
00:31:53,040 --> 00:31:55,360
Speaker 7: shout out to your whole team for putting that together. Because,

660
00:31:55,400 --> 00:31:56,800
Speaker 7: like I said, I mean, if you really think about

661
00:31:56,800 --> 00:31:58,800
Speaker 7: in the grand scheme of things, if you look at

662
00:31:58,840 --> 00:32:01,960
Speaker 7: a college textbook, college textbook, it's like one hundred dollars,

663
00:32:02,000 --> 00:32:03,640
Speaker 7: eighty dollars just for one textbook.

664
00:32:03,640 --> 00:32:05,720
Speaker 5: That's what that was. Twenty Yeah, you only use for

665
00:32:05,760 --> 00:32:06,320
Speaker 5: one semester.

666
00:32:06,440 --> 00:32:07,920
Speaker 7: So to have something that you can use for your

667
00:32:08,040 --> 00:32:11,200
Speaker 7: entire life for a couple of hundred dollars, it's a hurt.

668
00:32:11,480 --> 00:32:14,160
Speaker 6: So but also think about a book. Right when new

669
00:32:14,200 --> 00:32:17,720
Speaker 6: information comes out, they don't update the book. You know

670
00:32:17,760 --> 00:32:20,800
Speaker 6: what I'm saying, it's old information. So with the Blueprint

671
00:32:21,120 --> 00:32:24,800
Speaker 6: Volume one, over the next year, as new information comes out,

672
00:32:25,120 --> 00:32:28,320
Speaker 6: I'm going to be updating the blueprint with these updates.

673
00:32:28,560 --> 00:32:29,320
Speaker 6: So that way for.

674
00:32:31,080 --> 00:32:32,760
Speaker 5: You switch it up on me. Man. I was like, wait,

675
00:32:33,000 --> 00:32:34,720
Speaker 5: you got a different polo and it's a new video.

676
00:32:36,160 --> 00:32:39,600
Speaker 5: I've seen you updated already. I said, I've seen you

677
00:32:39,680 --> 00:32:41,760
Speaker 5: updated already. You switched the polo shirt ons?

678
00:32:41,880 --> 00:32:43,880
Speaker 6: Oh yeah, yeah, I got a couple updates that went

679
00:32:43,920 --> 00:32:46,120
Speaker 6: on there. I switched mad polos in there. Tooks hate

680
00:32:46,160 --> 00:32:48,000
Speaker 6: hates the fact that I did that. Like Twoks is

681
00:32:48,000 --> 00:32:50,200
Speaker 6: a perfectionist, right, He's like, Yo, keep the same shirt on.

682
00:32:50,480 --> 00:32:51,840
Speaker 6: I'm like, I'm tired of wearing the shirt.

683
00:32:53,400 --> 00:32:53,560
Speaker 2: Yo.

684
00:32:53,960 --> 00:32:57,240
Speaker 6: Were filming some stuff today, Man, I'm updated next week

685
00:32:57,440 --> 00:33:00,360
Speaker 6: and with a bunch of refinanced stuff homeowners and insurance

686
00:33:00,360 --> 00:33:05,280
Speaker 6: I'm updated with and there's a couple new guidelines that happens,

687
00:33:05,280 --> 00:33:07,440
Speaker 6: so I'm going to update that in November. So I'm

688
00:33:07,440 --> 00:33:09,920
Speaker 6: just going to keep updating in a couple couple videos

689
00:33:09,960 --> 00:33:14,120
Speaker 6: every single month. People who are actually taking a course

690
00:33:14,200 --> 00:33:16,920
Speaker 6: right now, they're leaving comments left and right. I'm in

691
00:33:17,000 --> 00:33:19,480
Speaker 6: there answering questions. I'm getting on the phone with people

692
00:33:19,560 --> 00:33:22,640
Speaker 6: helping them understand particular sections. So it's not like, look,

693
00:33:22,680 --> 00:33:26,200
Speaker 6: this is just not like one time course. You don't

694
00:33:26,200 --> 00:33:29,440
Speaker 6: hear from me ever, Again there's a time limit on

695
00:33:29,480 --> 00:33:31,160
Speaker 6: the videos. No, it's none of that, you know what

696
00:33:31,160 --> 00:33:33,320
Speaker 6: I'm saying. Like, once you have it, you can watch

697
00:33:33,320 --> 00:33:36,280
Speaker 6: it a self paced watch it, you know, or binge

698
00:33:36,280 --> 00:33:38,760
Speaker 6: watch it for twelve thirteen hours in a row, or

699
00:33:38,800 --> 00:33:40,560
Speaker 6: take your time with it because you don't never have

700
00:33:40,600 --> 00:33:42,800
Speaker 6: to worry about any time constraints. And like I said,

701
00:33:43,000 --> 00:33:45,440
Speaker 6: I'm going to keep updating it too as we go

702
00:33:45,520 --> 00:33:47,440
Speaker 6: on in twenty twenty one because I know next year

703
00:33:47,440 --> 00:33:49,520
Speaker 6: there's going to be so many updates that's going to

704
00:33:49,960 --> 00:33:52,920
Speaker 6: impact that first time home buyer that they're going to

705
00:33:53,000 --> 00:33:55,280
Speaker 6: need to know this information so I felt like I'd

706
00:33:55,320 --> 00:33:58,320
Speaker 6: be doing this service by not updating it with this

707
00:33:58,320 --> 00:33:58,960
Speaker 6: new information.

708
00:33:59,760 --> 00:34:02,520
Speaker 5: So let's get. Let's get some questions were coming to you.

709
00:34:02,560 --> 00:34:04,360
Speaker 5: I mute yourself. You've been unmuted. What's up?

710
00:34:05,280 --> 00:34:07,840
Speaker 13: Hey, Yeah, it's good guys, Thank you guys for everything.

711
00:34:08,360 --> 00:34:10,160
Speaker 13: MG is my first time tuning into one of your

712
00:34:10,400 --> 00:34:12,600
Speaker 13: you know, programs and stuff. So this is dope to hear.

713
00:34:14,640 --> 00:34:15,120
Speaker 6: I'm all good.

714
00:34:15,160 --> 00:34:15,719
Speaker 5: I'm all good.

715
00:34:15,760 --> 00:34:19,120
Speaker 13: So I'm an international, I'm immigrant, but you know, been

716
00:34:19,160 --> 00:34:20,719
Speaker 13: in the US for a minute, so you know, I'm

717
00:34:20,800 --> 00:34:24,319
Speaker 13: building credit, making my investment moves, trying to prep to

718
00:34:24,400 --> 00:34:27,880
Speaker 13: go into this home buyer space. And I saw a

719
00:34:27,880 --> 00:34:32,000
Speaker 13: Business Week article i think today saying the New York

720
00:34:32,000 --> 00:34:34,719
Speaker 13: had its highest rate of movings during the pandemic, when

721
00:34:34,719 --> 00:34:37,560
Speaker 13: everyone assumed it would be the opposite. And so I'm

722
00:34:37,600 --> 00:34:39,759
Speaker 13: you know, I'm thinking about this whole investment strategy of

723
00:34:40,080 --> 00:34:44,360
Speaker 13: you know, holding by low, sell high. Do you see

724
00:34:44,960 --> 00:34:48,239
Speaker 13: major changes happening by like next fall, where you know

725
00:34:48,960 --> 00:34:51,520
Speaker 13: the housing market will sort of level out again, where

726
00:34:51,560 --> 00:34:53,920
Speaker 13: I could think about buying place when I moved to

727
00:34:53,960 --> 00:34:57,120
Speaker 13: New York instead of you know, wasting money on rent

728
00:34:57,200 --> 00:34:59,360
Speaker 13: and stuff like that, or you know, what kind of

729
00:34:59,400 --> 00:35:02,560
Speaker 13: moves can I be now to prepare for something next year.

730
00:35:04,040 --> 00:35:06,520
Speaker 6: It's so hard man to answer that question because it's

731
00:35:06,560 --> 00:35:09,200
Speaker 6: really hard to predict the future, especially when it comes

732
00:35:09,200 --> 00:35:11,880
Speaker 6: to housing and where the market is going to be.

733
00:35:12,320 --> 00:35:15,160
Speaker 6: I think a lot, you know, will have to happen.

734
00:35:15,200 --> 00:35:16,520
Speaker 6: We have to see what they're going to do with

735
00:35:16,560 --> 00:35:21,359
Speaker 6: the foreclosure and these four barance agreements, you know, devictions.

736
00:35:21,560 --> 00:35:23,239
Speaker 6: We have to see, you know, how that's going to

737
00:35:23,280 --> 00:35:25,600
Speaker 6: play out over the next couple of months. We have

738
00:35:25,680 --> 00:35:27,759
Speaker 6: to see how COVID's going to play out, you know

739
00:35:27,760 --> 00:35:30,200
Speaker 6: what I'm saying, over the couple next couple months to

740
00:35:30,280 --> 00:35:33,080
Speaker 6: really determine, you know, what home price is going to

741
00:35:33,080 --> 00:35:35,120
Speaker 6: go up or down. Me personally, I don't think home

742
00:35:35,160 --> 00:35:38,600
Speaker 6: prices are going to depreciate next year. I mean, even

743
00:35:38,680 --> 00:35:40,759
Speaker 6: you know, nar are saying the same thing. All the

744
00:35:40,800 --> 00:35:43,399
Speaker 6: economists are saying the same thing going into twenty twenty one.

745
00:35:43,760 --> 00:35:46,520
Speaker 6: They don't really see it slowing down, especially for new

746
00:35:46,560 --> 00:35:49,680
Speaker 6: purchases because rates is so low and there's so many

747
00:35:49,760 --> 00:35:53,560
Speaker 6: buyers out there. Inventory is at an all time low

748
00:35:53,640 --> 00:35:57,600
Speaker 6: right now. Home homes are going above asking. So like

749
00:35:57,680 --> 00:36:00,279
Speaker 6: even in New York City, I don't really see those

750
00:36:00,320 --> 00:36:03,960
Speaker 6: homes depreciating like that. What I do see is by

751
00:36:03,960 --> 00:36:05,880
Speaker 6: the end of the next year, interest rates are possibly

752
00:36:05,880 --> 00:36:08,880
Speaker 6: going to be back in the mid threes, maybe hot threes.

753
00:36:09,280 --> 00:36:13,640
Speaker 6: I personally think so. So that's why I'm very vocal

754
00:36:13,719 --> 00:36:16,360
Speaker 6: on telling folks if you're looking to purchase real estate,

755
00:36:16,840 --> 00:36:19,720
Speaker 6: take advantage now wise why the rates are right here

756
00:36:20,080 --> 00:36:22,440
Speaker 6: and you can and if you can afford it. So

757
00:36:22,520 --> 00:36:25,759
Speaker 6: it's really hard to determine that situation, like next year,

758
00:36:25,840 --> 00:36:28,160
Speaker 6: what's going to happen. I just keep paying attention to

759
00:36:28,200 --> 00:36:31,840
Speaker 6: the market, and if you see a right opportunity, jump

760
00:36:31,840 --> 00:36:34,359
Speaker 6: on it. Don't hesitate because that opportunity won't be there

761
00:36:34,400 --> 00:36:34,719
Speaker 6: for long.

762
00:36:35,000 --> 00:36:38,240
Speaker 7: And Stuart, if you if you you're obviously Eyo University

763
00:36:38,360 --> 00:36:42,920
Speaker 7: did a class or Knaka on a Knacker program that's

764
00:36:42,960 --> 00:36:46,719
Speaker 7: in e Yo. You Matt and actually facilitated that, And man,

765
00:36:46,760 --> 00:36:50,000
Speaker 7: I believe that's something. It's like, it's no, it's no downpayment.

766
00:36:49,600 --> 00:36:54,040
Speaker 6: Right, yeah, Well, Knaka's no down payment, no down payment.

767
00:36:54,040 --> 00:36:56,319
Speaker 6: You can do one hundred percent financing with with a Knack,

768
00:36:56,360 --> 00:37:01,000
Speaker 6: a loan, no closing costs, no pm I. The real

769
00:37:01,080 --> 00:37:03,319
Speaker 6: big thing with Knaker is, you know they encourage you

770
00:37:03,360 --> 00:37:05,640
Speaker 6: to buy down the rate. You know, it's a good program.

771
00:37:05,680 --> 00:37:07,600
Speaker 6: You know, Knaka is not a bad program. You know

772
00:37:07,640 --> 00:37:09,120
Speaker 6: people always ask me all the time.

773
00:37:10,200 --> 00:37:10,960
Speaker 5: Earners, what's up.

774
00:37:11,040 --> 00:37:13,520
Speaker 14: You ever walk into a small business and everything just

775
00:37:13,680 --> 00:37:16,840
Speaker 14: works like the checkout is fast, the receipts are digital,

776
00:37:17,360 --> 00:37:20,360
Speaker 14: tipping is a breeze, and you're out the door before

777
00:37:20,360 --> 00:37:24,520
Speaker 14: the line even builds odds are they're using Square. We

778
00:37:24,680 --> 00:37:27,200
Speaker 14: love supporting businesses that run on Square because it just

779
00:37:27,239 --> 00:37:30,480
Speaker 14: feels seamless. Whether it's a local coffee shop, a vendor

780
00:37:30,520 --> 00:37:32,799
Speaker 14: at a pop up market, or even one of our

781
00:37:32,840 --> 00:37:36,480
Speaker 14: merch partners, Square makes it easy for them to take payments,

782
00:37:36,719 --> 00:37:40,399
Speaker 14: manage inventory, and run their business with confidence, all from

783
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Speaker 14: one simple system. If you're a business owner or even

784
00:37:44,040 --> 00:37:47,560
Speaker 14: just thinking about launching something soon, Square is hands down

785
00:37:47,600 --> 00:37:50,640
Speaker 14: one of the best tools out there to help you start, run,

786
00:37:50,840 --> 00:37:54,160
Speaker 14: and grow. It's not just about payments, it's about giving

787
00:37:54,200 --> 00:37:56,880
Speaker 14: you time back so you can focus on what matters

788
00:37:56,920 --> 00:38:00,239
Speaker 14: most Ready. To see how Square can transform your business,

789
00:38:00,440 --> 00:38:05,080
Speaker 14: visit Square dot com, backslash, go backslash eyl to learn

790
00:38:05,120 --> 00:38:10,040
Speaker 14: more that Square dot com backslash, go backslash eyl. Don't

791
00:38:10,080 --> 00:38:13,319
Speaker 14: wait don't hesitate. Let's square handle the back end so

792
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Speaker 14: you can keep pushing your vision forward. This episode is

793
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Speaker 14: brought to you by P and C Bank. A lot

794
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795
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796
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797
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798
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799
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800
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801
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802
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819
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821
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Speaker 6: That's my thoughts on it, and I tell everybody the

823
00:40:00,960 --> 00:40:03,239
Speaker 6: same thing. Every loan is a tool. You just got

824
00:40:03,280 --> 00:40:05,560
Speaker 6: to use whatever tool that's available to you. I don't

825
00:40:05,560 --> 00:40:08,440
Speaker 6: care if it's Knack an fha VA, who cares, right,

826
00:40:08,520 --> 00:40:11,160
Speaker 6: whatever's going to get the job done, Get the job done.

827
00:40:11,520 --> 00:40:14,000
Speaker 6: NAC is a resource for that first time home buy

828
00:40:14,080 --> 00:40:16,359
Speaker 6: You have to go through Knackers process Like you can't

829
00:40:16,360 --> 00:40:19,040
Speaker 6: come to me or any regular loan officer to get

830
00:40:19,040 --> 00:40:21,000
Speaker 6: a Knack a loan. You got to go through directly

831
00:40:21,040 --> 00:40:23,880
Speaker 6: through them and go through their home buying process. But

832
00:40:23,960 --> 00:40:25,600
Speaker 6: if you can get approved for a Knock and room

833
00:40:25,760 --> 00:40:28,040
Speaker 6: and you can find a good property, our advise do

834
00:40:28,120 --> 00:40:31,120
Speaker 6: multifamily with it because it's one hundred percent financing. Go

835
00:40:31,200 --> 00:40:31,520
Speaker 6: for it.

836
00:40:32,680 --> 00:40:38,160
Speaker 7: Appreciate, Thank you guys, appreciate check that out Euyuniversity dot com.

837
00:40:37,640 --> 00:40:41,040
Speaker 7: Is uh, it's like an hour presentation about the whole

838
00:40:41,080 --> 00:40:42,640
Speaker 7: knack Of program. So I just thought about that. But

839
00:40:42,719 --> 00:40:46,080
Speaker 7: that's just you know, creative finance and if obviously you know,

840
00:40:46,160 --> 00:40:49,200
Speaker 7: paying for a damn payment for a home mighty for.

841
00:40:49,160 --> 00:40:50,880
Speaker 5: A lot of people, especially in the New York area.

842
00:40:51,360 --> 00:40:54,320
Speaker 7: So you know, faha, we talked about that before Knacker

843
00:40:54,480 --> 00:40:56,480
Speaker 7: things in that nature where it kind of takes the

844
00:40:56,480 --> 00:40:58,520
Speaker 7: burden off having a tremendous amount of money up front.

845
00:40:58,520 --> 00:41:01,360
Speaker 5: Its pros and cons with everything, but in.

846
00:41:01,440 --> 00:41:05,279
Speaker 6: The con just for full disclosure, it's gonna take some time, right,

847
00:41:05,560 --> 00:41:08,600
Speaker 6: Don't don't expect to go through a knack Of program

848
00:41:08,600 --> 00:41:12,400
Speaker 6: in a month, you know, expect to go through a

849
00:41:12,520 --> 00:41:14,920
Speaker 6: rod you know what I'm saying. It just it is,

850
00:41:15,120 --> 00:41:16,920
Speaker 6: it is, and if you want to take measure that

851
00:41:17,000 --> 00:41:20,040
Speaker 6: sometimes got to be patient and go through that process.

852
00:41:20,080 --> 00:41:21,640
Speaker 6: But it can take a long time. But at the

853
00:41:21,719 --> 00:41:23,600
Speaker 6: end of it, it's very it's worth it. I know

854
00:41:23,600 --> 00:41:25,239
Speaker 6: a lot of homeowners who went through the knack Of

855
00:41:25,920 --> 00:41:29,160
Speaker 6: process and they're they're extremely happy with the results, So

856
00:41:29,480 --> 00:41:30,960
Speaker 6: go for it if you qualify for it.

857
00:41:31,040 --> 00:41:31,920
Speaker 5: Yeah, I know, I know, I know.

858
00:41:32,000 --> 00:41:34,439
Speaker 7: I know a few people that actually got it and

859
00:41:34,920 --> 00:41:36,919
Speaker 7: it worked out for them. So it's like all things,

860
00:41:37,000 --> 00:41:38,920
Speaker 7: it's not going to be perfect for every person.

861
00:41:39,440 --> 00:41:42,719
Speaker 6: But somebody said they heard knock is like going through

862
00:41:42,719 --> 00:41:43,440
Speaker 6: a triathlon.

863
00:41:45,600 --> 00:41:50,440
Speaker 7: Yeah, so look, I look at like knowledge is now.

864
00:41:50,640 --> 00:41:53,120
Speaker 7: So the more you know, the more you be equipped.

865
00:41:53,160 --> 00:41:54,839
Speaker 7: But if you let's say it worked for three out

866
00:41:54,840 --> 00:41:57,280
Speaker 7: of ten or four out of ten people, of course

867
00:41:57,320 --> 00:41:59,000
Speaker 7: seven those seven seventy.

868
00:41:58,680 --> 00:42:00,000
Speaker 5: Percent of people might be disappointed.

869
00:42:00,200 --> 00:42:01,959
Speaker 7: For the three people that had to put no money

870
00:42:01,960 --> 00:42:03,640
Speaker 7: down and got into their home and never thought that

871
00:42:03,640 --> 00:42:06,399
Speaker 7: they'd bown a home that makes the world to them. So,

872
00:42:07,120 --> 00:42:10,880
Speaker 7: you know, we have to be careful with judging everything

873
00:42:10,920 --> 00:42:13,240
Speaker 7: off of one person's experience or even our own experience.

874
00:42:13,320 --> 00:42:15,880
Speaker 7: Like I might have ate Chinese food and it was terrible,

875
00:42:16,400 --> 00:42:18,239
Speaker 7: but that might have just been that restaurant that I

876
00:42:18,280 --> 00:42:20,600
Speaker 7: went to. Like, you know, there's a billion people in China.

877
00:42:20,960 --> 00:42:24,400
Speaker 7: I can't necessarily say that every person that cooks Chinese

878
00:42:24,440 --> 00:42:26,520
Speaker 7: food is a terrible chef. It might have just been

879
00:42:26,560 --> 00:42:29,000
Speaker 7: my own personal experience. For a variety of different reasons.

880
00:42:29,080 --> 00:42:31,279
Speaker 7: I might just not like Chinese food. It doesn't mean

881
00:42:32,000 --> 00:42:34,560
Speaker 7: somebody else doesn't like it. So you know, now I

882
00:42:34,560 --> 00:42:36,600
Speaker 7: was I'm glad you said all those statistics. That was

883
00:42:36,640 --> 00:42:39,440
Speaker 7: actually actually walking CNBC they had the CEO of Retend.

884
00:42:39,840 --> 00:42:42,200
Speaker 7: We were saying exactly that that the inventory is low

885
00:42:42,640 --> 00:42:43,600
Speaker 7: and the prices.

886
00:42:43,239 --> 00:42:45,080
Speaker 5: Have gone up. It's actually the highest the.

887
00:42:45,040 --> 00:42:49,520
Speaker 9: Median home costs in Americas at its highest three hundred

888
00:42:49,560 --> 00:42:50,719
Speaker 9: and eleven thousand right now.

889
00:42:51,000 --> 00:42:53,960
Speaker 6: So yeah, three hundred eleven thousand, so year over year

890
00:42:54,400 --> 00:42:56,560
Speaker 6: last year that was I think like two seventy five

891
00:42:56,680 --> 00:42:59,560
Speaker 6: to seventy nine somewhere around there, and now it's at

892
00:42:59,560 --> 00:43:02,680
Speaker 6: three eleves. So we got to look at what's happened

893
00:43:02,719 --> 00:43:06,160
Speaker 6: in twelve months. Right home prices are going up. You know,

894
00:43:06,360 --> 00:43:08,480
Speaker 6: look at cities like Atlanta where we just were like

895
00:43:08,520 --> 00:43:10,479
Speaker 6: Atlanta five years ago was dirt cheap.

896
00:43:11,440 --> 00:43:11,640
Speaker 5: Yeah.

897
00:43:11,640 --> 00:43:13,399
Speaker 9: You know what the number one city was year over here?

898
00:43:14,840 --> 00:43:17,759
Speaker 9: Which one Bridgeport, Connecticut one hundred.

899
00:43:17,480 --> 00:43:23,560
Speaker 6: Bridgeport, Connecticut to Bridgeport one hundred and seventeen increase year

900
00:43:23,600 --> 00:43:26,799
Speaker 6: over year year over year in Bridgeport and Bridgeport, Connectic two.

901
00:43:27,480 --> 00:43:29,960
Speaker 6: Shout out to everybody who purchased last year in Bridgeport.

902
00:43:32,719 --> 00:43:35,279
Speaker 6: And if you purchased three years ago on Bridgeport, really

903
00:43:35,320 --> 00:43:38,600
Speaker 6: big ups because you you making some money right now.

904
00:43:38,800 --> 00:43:41,320
Speaker 6: And y'all people need to refinance and tap that equity

905
00:43:41,520 --> 00:43:42,719
Speaker 6: because it's monopoly money.

906
00:43:43,280 --> 00:43:46,000
Speaker 7: Money should have got an investment property in Bridgeport.

907
00:43:46,120 --> 00:43:48,920
Speaker 6: Bridgeport, that's a fact, Monique, We're coming to you.

908
00:43:49,000 --> 00:43:50,239
Speaker 5: I'll meet yourself. You've been un muted.

909
00:43:52,400 --> 00:43:57,840
Speaker 8: Hello. So I purchased a two family home in July.

910
00:43:58,320 --> 00:44:01,200
Speaker 8: I use FAJ and I know they say, like you

911
00:44:01,200 --> 00:44:03,600
Speaker 8: should start up with like a four unit or a

912
00:44:03,640 --> 00:44:06,840
Speaker 8: three unit, but I'm from Connecticut and a bunch of

913
00:44:06,880 --> 00:44:10,360
Speaker 8: New York investors were coming here and purchasing all our property.

914
00:44:10,960 --> 00:44:14,600
Speaker 8: So I settled for this two family and I was

915
00:44:14,640 --> 00:44:17,680
Speaker 8: wondering if I would be able to use FHA again

916
00:44:18,320 --> 00:44:19,959
Speaker 8: for a three three unit.

917
00:44:21,760 --> 00:44:27,240
Speaker 6: Hum, So you will have to refinance out of your FHA,

918
00:44:28,680 --> 00:44:33,200
Speaker 6: go into a conventional loan, and then use FAHA again.

919
00:44:33,320 --> 00:44:35,880
Speaker 6: But the next property. Remember FAHA is only for your

920
00:44:35,880 --> 00:44:39,040
Speaker 6: primary residents. So if you're moving from a two family

921
00:44:39,080 --> 00:44:42,040
Speaker 6: to a three family, what's the motivation behind it? And look,

922
00:44:42,040 --> 00:44:44,680
Speaker 6: I want to tell us that everybody who's listening. Underwriters

923
00:44:44,719 --> 00:44:48,600
Speaker 6: are not stupid they understand that people house hack, they

924
00:44:48,640 --> 00:44:51,120
Speaker 6: get it. I Calpacie. Fraud is a big thing in

925
00:44:51,160 --> 00:44:54,479
Speaker 6: the mortgage industry. Please understand if you're trying to house

926
00:44:54,520 --> 00:44:57,160
Speaker 6: hack and everything, make it make sense. Actually move in

927
00:44:57,239 --> 00:45:00,319
Speaker 6: the property, do it for a year, do your year bid,

928
00:45:00,560 --> 00:45:04,160
Speaker 6: and then move on to something else. Follow the rules,

929
00:45:04,200 --> 00:45:06,080
Speaker 6: and yeah you can. You can do what you want,

930
00:45:06,120 --> 00:45:07,879
Speaker 6: but you're gonna have to make it make sense, going

931
00:45:07,960 --> 00:45:10,759
Speaker 6: from A two to three. If you can make it

932
00:45:10,800 --> 00:45:14,640
Speaker 6: make sense. And and yeah, you refinance out of your

933
00:45:14,640 --> 00:45:17,279
Speaker 6: current FAHA and put that into a conventional Absolutely, you

934
00:45:17,320 --> 00:45:20,160
Speaker 6: can use f h A again for the next property,

935
00:45:20,280 --> 00:45:22,279
Speaker 6: as long as you're gonna live in for a year

936
00:45:22,360 --> 00:45:23,520
Speaker 6: and it's your primary residence.

937
00:45:24,680 --> 00:45:26,080
Speaker 8: All right, thank you.

938
00:45:26,400 --> 00:45:30,520
Speaker 7: The problem that's crazy that she called because so she

939
00:45:30,640 --> 00:45:33,600
Speaker 7: just said, like all the New York investors came to Connecticut.

940
00:45:34,239 --> 00:45:36,920
Speaker 7: So that that was right off to our conversation about

941
00:45:36,920 --> 00:45:38,680
Speaker 7: Bridgeport prices going up one hundred And.

942
00:45:38,840 --> 00:45:40,479
Speaker 6: You know what, we should have asked her how much

943
00:45:40,600 --> 00:45:42,000
Speaker 6: how much money she made so far?

944
00:45:43,320 --> 00:45:45,080
Speaker 5: I mean money, you're still there money. What part of

945
00:45:45,080 --> 00:45:45,880
Speaker 5: Connectic kick you in?

946
00:45:49,520 --> 00:45:55,560
Speaker 9: She muted, Yeah. When he went to the first she said, yeah,

947
00:45:55,560 --> 00:45:58,719
Speaker 9: I already got No, that was crazy. New York came

948
00:45:58,760 --> 00:46:01,120
Speaker 9: and ruined it. Everybody, Matt.

949
00:46:02,440 --> 00:46:07,759
Speaker 7: Apple, So we had, we had.

950
00:46:08,080 --> 00:46:11,160
Speaker 9: We were sitting there with fourteen year old spurgle billionaire

951
00:46:11,160 --> 00:46:12,160
Speaker 9: Trey Brown, and.

952
00:46:12,120 --> 00:46:14,680
Speaker 5: He was actually talking about the FAH loan. Can you

953
00:46:14,680 --> 00:46:15,400
Speaker 5: tell us.

954
00:46:15,560 --> 00:46:17,760
Speaker 9: For the people who may be unaware, what the max

955
00:46:17,800 --> 00:46:20,439
Speaker 9: amount you can get on for FBH loan?

956
00:46:21,120 --> 00:46:22,239
Speaker 5: It caps out at a number.

957
00:46:22,320 --> 00:46:25,279
Speaker 6: Correct, it caps out depending on your county, right, So

958
00:46:25,320 --> 00:46:28,839
Speaker 6: there's different loan limits for county. So the only thing

959
00:46:28,840 --> 00:46:31,359
Speaker 6: you have to do is to find out what's your

960
00:46:31,480 --> 00:46:35,280
Speaker 6: FAHA the maximum FAHA loan limit for your county. Simple

961
00:46:35,520 --> 00:46:38,960
Speaker 6: google it FAHA max loan limit twenty twenty and put

962
00:46:39,000 --> 00:46:42,400
Speaker 6: your county name, and then you'll probably see Hudd's website

963
00:46:42,440 --> 00:46:44,400
Speaker 6: will come up, and you can go there and you

964
00:46:44,440 --> 00:46:46,920
Speaker 6: can punch in your county and they'll tell you exactly

965
00:46:47,120 --> 00:46:51,120
Speaker 6: what's the max loan amount. Appreciate you, But like in

966
00:46:51,120 --> 00:46:55,000
Speaker 6: New York, for example, one family seven sixty five a

967
00:46:55,120 --> 00:46:57,080
Speaker 6: four family one point four million?

968
00:46:57,920 --> 00:47:02,840
Speaker 5: Wow? Yeah, okay, okay, rich card, we're coming to you.

969
00:47:02,920 --> 00:47:07,759
Speaker 5: I'm mute yourself. You been I muted? Hey?

970
00:47:07,760 --> 00:47:09,640
Speaker 9: What else fellas going on?

971
00:47:09,680 --> 00:47:09,799
Speaker 6: Bro?

972
00:47:12,000 --> 00:47:15,600
Speaker 16: I had a question about the FAHA as well. So

973
00:47:16,000 --> 00:47:18,640
Speaker 16: I'm getting all my ducks in the order. I'm in Portland, Oregon.

974
00:47:18,680 --> 00:47:21,719
Speaker 16: By the way, the prices is kind of crazy, so

975
00:47:22,520 --> 00:47:27,400
Speaker 16: I think about moving either to Georgia or to Nevada.

976
00:47:28,080 --> 00:47:30,200
Speaker 17: So the price is very good in Novada.

977
00:47:30,200 --> 00:47:33,879
Speaker 16: I've been seeing in Las Vegas and so so if

978
00:47:33,880 --> 00:47:36,880
Speaker 16: if if I want to move here, do I have

979
00:47:37,040 --> 00:47:43,440
Speaker 16: to do the whole the you know, like that employment

980
00:47:43,480 --> 00:47:47,640
Speaker 16: thing for two years? Like you know how you you

981
00:47:47,680 --> 00:47:49,760
Speaker 16: said you have to have an employment for two years?

982
00:47:49,960 --> 00:47:51,520
Speaker 16: I got, I got all my money, I got like

983
00:47:51,560 --> 00:47:52,759
Speaker 16: I said, I got all my ducks in order.

984
00:47:52,920 --> 00:47:55,480
Speaker 17: My credit is right. So now I want to move.

985
00:47:55,840 --> 00:47:57,680
Speaker 16: Do I have to stay in Oregon in order to

986
00:47:57,680 --> 00:48:00,360
Speaker 16: get the f A h A Or do I cannot

987
00:48:00,360 --> 00:48:02,439
Speaker 16: move and get the fachse somewhere else?

988
00:48:03,000 --> 00:48:05,440
Speaker 6: You can move as long. Where's your employment? Is your

989
00:48:05,440 --> 00:48:07,080
Speaker 6: employment moving with you? Are you going to get a

990
00:48:07,120 --> 00:48:10,200
Speaker 6: job in a new city. Is your current job working remote?

991
00:48:10,239 --> 00:48:12,960
Speaker 6: And you're able to move anywhere? What's your situation?

992
00:48:13,719 --> 00:48:18,600
Speaker 17: No, I'm self employed. I mean I could do it anywhere.

993
00:48:18,800 --> 00:48:21,839
Speaker 6: Oh yeah, you're self employeed then so you can move anywhere. Yeah,

994
00:48:21,880 --> 00:48:22,600
Speaker 6: so you'll be fine.

995
00:48:23,120 --> 00:48:23,799
Speaker 5: The whole thing.

996
00:48:24,160 --> 00:48:28,520
Speaker 6: The whole thing with FAHA, bro is primary residents. You

997
00:48:28,520 --> 00:48:32,520
Speaker 6: can buy owner occupied rental properties with FAHA. As long

998
00:48:32,520 --> 00:48:35,440
Speaker 6: as your owner occupies your primary residents, then you can.

999
00:48:35,680 --> 00:48:37,920
Speaker 6: You can move anywhere, especially if you're self employed. And

1000
00:48:38,000 --> 00:48:40,400
Speaker 6: even if you one of these folks who are W

1001
00:48:40,520 --> 00:48:42,600
Speaker 6: two and you're working from home right now, we just

1002
00:48:42,640 --> 00:48:45,040
Speaker 6: need to get proved from your employer stating that it's

1003
00:48:45,080 --> 00:48:47,320
Speaker 6: okay for you to move and work in X, Y

1004
00:48:47,360 --> 00:48:50,800
Speaker 6: and z Z city and work remotely, then you're fine.

1005
00:48:51,880 --> 00:48:52,880
Speaker 2: Gosh, I know folks.

1006
00:48:52,920 --> 00:48:55,840
Speaker 6: I got folks right now moving out of state right now,

1007
00:48:56,400 --> 00:48:58,239
Speaker 6: just because they get to work from home and they

1008
00:48:58,280 --> 00:48:59,800
Speaker 6: keep their New York money and they can take that

1009
00:49:00,280 --> 00:49:03,800
Speaker 6: down south and get more bang for the buck because

1010
00:49:03,840 --> 00:49:06,640
Speaker 6: everything's remote. The kids are remote. Everything's remote. So you

1011
00:49:06,680 --> 00:49:08,400
Speaker 6: don't even have to take the kids out of your school,

1012
00:49:09,400 --> 00:49:10,840
Speaker 6: you know what I'm saying. Like they're still doing the

1013
00:49:10,880 --> 00:49:16,200
Speaker 6: remote and remote working and they just move into different

1014
00:49:16,200 --> 00:49:17,960
Speaker 6: cities right now. So take advantage.

1015
00:49:18,680 --> 00:49:21,360
Speaker 17: Okay, all right, we'll do thanks.

1016
00:49:20,600 --> 00:49:25,759
Speaker 9: No doubt, brother, appreciate you rich uh DeAndre Bell were

1017
00:49:25,760 --> 00:49:27,480
Speaker 9: coming to you. Mute yourself, you've been unmuted.

1018
00:49:30,960 --> 00:49:33,920
Speaker 18: Hey, how you doing, guys, Damn. I didn't think I

1019
00:49:33,920 --> 00:49:43,040
Speaker 18: would be chosen. So my question is me and my fiance,

1020
00:49:43,480 --> 00:49:45,320
Speaker 18: we were gonna get married this year, but because of

1021
00:49:45,400 --> 00:49:49,759
Speaker 18: COVID it kind of got all screwed up. She's one

1022
00:49:49,760 --> 00:49:51,440
Speaker 18: of those that she don't want to get a court wedding.

1023
00:49:51,520 --> 00:49:54,600
Speaker 18: She wants the whole big thing. But we planned on

1024
00:49:54,719 --> 00:49:59,080
Speaker 18: buying next year. That's still the plan, but this time,

1025
00:50:00,280 --> 00:50:01,920
Speaker 18: I mean, we're not going to be married, so we

1026
00:50:01,960 --> 00:50:05,719
Speaker 18: wanted to know the process of buying home.

1027
00:50:07,440 --> 00:50:09,600
Speaker 6: So you said, wait a minute, you said that you

1028
00:50:09,640 --> 00:50:13,360
Speaker 6: are not married. We're not married. We have kids, but

1029
00:50:13,400 --> 00:50:16,759
Speaker 6: we're not married. So if you're not married, I would

1030
00:50:16,800 --> 00:50:20,239
Speaker 6: recommend dividing and conquering, right See if you can get

1031
00:50:20,239 --> 00:50:22,200
Speaker 6: approved on your own, see if she can get approved

1032
00:50:22,239 --> 00:50:24,520
Speaker 6: on her own, and maybe you both buy multifamily. You

1033
00:50:24,520 --> 00:50:27,719
Speaker 6: know what I'm saying, and do it that way. But

1034
00:50:27,800 --> 00:50:30,399
Speaker 6: if you need both income to qualify for one loan,

1035
00:50:30,400 --> 00:50:32,400
Speaker 6: then that kind of throws out my divide and conquer

1036
00:50:32,440 --> 00:50:35,279
Speaker 6: theory right there. But the home buying process, that's what

1037
00:50:35,320 --> 00:50:38,480
Speaker 6: the blueprint, the home Buyers Blueprint is for, is to

1038
00:50:38,560 --> 00:50:41,000
Speaker 6: kind of give you a step by step booklet for

1039
00:50:41,040 --> 00:50:42,759
Speaker 6: you to get your game on track, not your wig,

1040
00:50:42,880 --> 00:50:45,759
Speaker 6: push back and understand the entire process from the very

1041
00:50:45,800 --> 00:50:49,319
Speaker 6: beginning to the end, every aspect of the process, from

1042
00:50:49,360 --> 00:50:52,200
Speaker 6: the loan programs to working with relatives, to working with

1043
00:50:52,239 --> 00:50:57,160
Speaker 6: the bankers, loan officers, appraisals. I mean, everything you need

1044
00:50:57,200 --> 00:50:59,839
Speaker 6: to know about the home buying process is discussed from

1045
00:51:00,040 --> 00:51:02,520
Speaker 6: A to Z in the home Buyers Blueprint Value.

1046
00:51:02,320 --> 00:51:04,080
Speaker 7: One and if you if you buy it a whole

1047
00:51:04,120 --> 00:51:06,440
Speaker 7: matter weblock like if you just like you know, just

1048
00:51:07,800 --> 00:51:13,239
Speaker 7: a couple from just from my understanding, like they they

1049
00:51:13,360 --> 00:51:15,480
Speaker 7: just count it like just two incomes, right, Like if

1050
00:51:15,560 --> 00:51:17,200
Speaker 7: just me and Troy wanted to buy a home like

1051
00:51:17,239 --> 00:51:19,440
Speaker 7: they would just you know, how does that work? Like

1052
00:51:19,440 --> 00:51:23,160
Speaker 7: this one person's credit score over power the other person's

1053
00:51:23,160 --> 00:51:25,120
Speaker 7: credit score or do we just go with one person

1054
00:51:25,120 --> 00:51:27,879
Speaker 7: and the other person is like the co signer if

1055
00:51:27,880 --> 00:51:30,160
Speaker 7: one person's credit isn't as good or how does that work?

1056
00:51:30,920 --> 00:51:33,640
Speaker 6: So anybody who doesn't matter if your co borrow or

1057
00:51:33,680 --> 00:51:36,640
Speaker 6: co signa right, everybody's credit has to meet the minimum

1058
00:51:36,640 --> 00:51:39,920
Speaker 6: credit standards for the program. And then also you know,

1059
00:51:39,760 --> 00:51:42,400
Speaker 6: you want to have income as well and document income.

1060
00:51:42,480 --> 00:51:45,120
Speaker 6: So whoever's on a loan application, we need to vet

1061
00:51:45,160 --> 00:51:47,120
Speaker 6: them out. Now, whether you decide to be a co

1062
00:51:47,239 --> 00:51:51,480
Speaker 6: borrower or co signer's two different things. But we're always

1063
00:51:51,480 --> 00:51:54,360
Speaker 6: going to lose the middle, the middle score when it

1064
00:51:54,360 --> 00:51:56,160
Speaker 6: comes the middle of the three scores when it comes

1065
00:51:56,160 --> 00:51:59,480
Speaker 6: to credit qualifying. And if there's two borrows or three borrows,

1066
00:51:59,480 --> 00:52:02,239
Speaker 6: we're going to use the lower middle schore of the

1067
00:52:02,440 --> 00:52:06,080
Speaker 6: two or three people to determine, you know, interest rates

1068
00:52:06,120 --> 00:52:08,480
Speaker 6: in the program that they qualify for. But we're going

1069
00:52:08,560 --> 00:52:12,120
Speaker 6: to analyze everything, you know, analyze your income's Troy income,

1070
00:52:12,239 --> 00:52:15,280
Speaker 6: your credit, and make sure you the ability to repay

1071
00:52:15,360 --> 00:52:17,320
Speaker 6: is there.

1072
00:52:17,520 --> 00:52:20,360
Speaker 5: So two people, definitely it's more beneficial than one person.

1073
00:52:20,920 --> 00:52:23,080
Speaker 6: Yeah, I mean I've had long applications with six people

1074
00:52:23,160 --> 00:52:27,560
Speaker 6: on it. It just it just has to make sense,

1075
00:52:27,640 --> 00:52:28,280
Speaker 6: you know what I'm saying.

1076
00:52:29,400 --> 00:52:31,520
Speaker 5: Yeah, Yeah, we got some earners in here.

1077
00:52:31,680 --> 00:52:33,440
Speaker 9: Shout out to every if you are earner and you

1078
00:52:33,800 --> 00:52:35,920
Speaker 9: purchased the home Buyers grouprit of course, just put a

1079
00:52:35,960 --> 00:52:36,879
Speaker 9: one in the chat right now.

1080
00:52:37,200 --> 00:52:38,240
Speaker 5: I want to hear for y'all.

1081
00:52:38,520 --> 00:52:40,040
Speaker 6: Shout out to all the earners. Man.

1082
00:52:40,520 --> 00:52:42,840
Speaker 5: Yeah, yeah, yeah, I see this. Well, we got a lot,

1083
00:52:43,120 --> 00:52:45,400
Speaker 5: we got a lot I'm coming with.

1084
00:52:45,600 --> 00:52:47,680
Speaker 6: Let's see, let's shout out to all of y'all, man,

1085
00:52:47,719 --> 00:52:50,279
Speaker 6: I see y'all, man, one of y'all get on here

1086
00:52:50,320 --> 00:52:51,960
Speaker 6: right now. We want to hear your opinion.

1087
00:52:51,640 --> 00:52:54,920
Speaker 7: Of the so, like if somebody is going back to

1088
00:52:54,960 --> 00:52:57,120
Speaker 7: the couple, because that's probably a big question a lot

1089
00:52:57,120 --> 00:52:59,480
Speaker 7: of people want about homes with the you know, Beyonce

1090
00:52:59,680 --> 00:53:03,920
Speaker 7: that their boyfriend whatever. Do you suggest that they should

1091
00:53:03,960 --> 00:53:07,440
Speaker 7: take like some kind of legal like I don't know

1092
00:53:07,480 --> 00:53:09,360
Speaker 7: what it would be, like a trust or something that

1093
00:53:09,520 --> 00:53:13,040
Speaker 7: kind of protect themselves, Like I buy it with my girlfriend,

1094
00:53:13,719 --> 00:53:18,919
Speaker 7: hypothetically speaking, and then we break up, like then we're

1095
00:53:18,920 --> 00:53:21,520
Speaker 7: like both co owners of the property. That probably happens

1096
00:53:21,520 --> 00:53:23,200
Speaker 7: a lot, right, WI.

1097
00:53:23,120 --> 00:53:26,239
Speaker 6: Shippens all the time. And then people don't have they're

1098
00:53:26,239 --> 00:53:29,520
Speaker 6: not vested their title and their deed is not vested properly.

1099
00:53:29,840 --> 00:53:32,120
Speaker 6: And that's another thing we cover in home buys blueprint

1100
00:53:32,200 --> 00:53:35,799
Speaker 6: is vesting. Right. People don't understand the difference between, you know,

1101
00:53:35,840 --> 00:53:37,920
Speaker 6: the different ways you can vest your title. You can

1102
00:53:37,960 --> 00:53:42,719
Speaker 6: give somebody a certain percentage on of the property, you know,

1103
00:53:42,760 --> 00:53:44,200
Speaker 6: So it's a lot of things you can do. If

1104
00:53:44,239 --> 00:53:47,280
Speaker 6: you're doing a COSNA, right, a co signer technically doesn't

1105
00:53:47,320 --> 00:53:50,000
Speaker 6: own the property. They're just responsible for the debt with you.

1106
00:53:50,560 --> 00:53:53,480
Speaker 6: So you know, it's different ways. If you're buying something

1107
00:53:53,840 --> 00:53:57,200
Speaker 6: with your girlfriend and you may not be one hundred

1108
00:53:57,200 --> 00:53:59,680
Speaker 6: percent sure that this relationship might work out in the future,

1109
00:54:00,040 --> 00:54:02,120
Speaker 6: maybe you don't add them on as a co borrower.

1110
00:54:02,400 --> 00:54:04,480
Speaker 6: You do them on. You add them on as a

1111
00:54:04,520 --> 00:54:08,440
Speaker 6: non occupant co signer, right, So that way they're signing

1112
00:54:08,440 --> 00:54:11,319
Speaker 6: the mortgage note and they're saying that they are responsible

1113
00:54:11,320 --> 00:54:13,719
Speaker 6: for the debt along with you, but they don't have

1114
00:54:13,760 --> 00:54:16,360
Speaker 6: no ownership in your property, you know what I'm saying.

1115
00:54:16,600 --> 00:54:18,799
Speaker 6: So it's just all on how you structure your deal.

1116
00:54:18,880 --> 00:54:21,520
Speaker 6: And that's why the blueprint is designed this way, and

1117
00:54:21,560 --> 00:54:24,200
Speaker 6: we're discussing all this because people just don't understand the difference.

1118
00:54:24,200 --> 00:54:25,840
Speaker 6: And then you take it deeper when it comes to

1119
00:54:25,880 --> 00:54:27,719
Speaker 6: your title on how you vest in your title. If

1120
00:54:27,760 --> 00:54:30,040
Speaker 6: you do it as a co borrower, you can structure

1121
00:54:30,040 --> 00:54:32,920
Speaker 6: your title in many different ways. Let's just say, you know,

1122
00:54:33,000 --> 00:54:35,840
Speaker 6: all three of us buy home. We can be tenants

1123
00:54:35,840 --> 00:54:38,440
Speaker 6: in common, or we can have certain percentages of ownership

1124
00:54:38,440 --> 00:54:40,520
Speaker 6: in the title, you know what I'm saying. So it's

1125
00:54:40,520 --> 00:54:43,560
Speaker 6: so many different ways you can protect yourself when it

1126
00:54:43,560 --> 00:54:47,600
Speaker 6: comes to home buying. But people are not discussing. I

1127
00:54:47,600 --> 00:54:50,440
Speaker 6: don't hear nobody talking about vesting or title or you know,

1128
00:54:50,520 --> 00:54:54,000
Speaker 6: any of these things online. It's just the everyday person

1129
00:54:54,120 --> 00:54:56,239
Speaker 6: just really doesn't understand it and they don't take the

1130
00:54:56,360 --> 00:54:58,640
Speaker 6: time to learn it, you know what I'm saying. So

1131
00:54:58,680 --> 00:55:00,920
Speaker 6: there's many ways you can protect your so you just

1132
00:55:00,920 --> 00:55:03,040
Speaker 6: need to have the information.

1133
00:55:05,000 --> 00:55:10,040
Speaker 7: Yeah, that's that's a gym, because like I said, I mean,

1134
00:55:10,120 --> 00:55:13,200
Speaker 7: you know was a gym. Actually you see that all

1135
00:55:13,239 --> 00:55:15,920
Speaker 7: the time as far as couples. Couples they bought home

1136
00:55:16,000 --> 00:55:18,440
Speaker 7: together or whatever and in two years they break up.

1137
00:55:18,719 --> 00:55:20,560
Speaker 7: And it's like, if you married, then that's one thing.

1138
00:55:20,600 --> 00:55:22,600
Speaker 7: You go through a divorce and then a judge and gone,

1139
00:55:22,680 --> 00:55:25,480
Speaker 7: you know, dictate things and you have you know, but

1140
00:55:25,640 --> 00:55:30,160
Speaker 7: if you're not married, you know, stop, what do you do?

1141
00:55:31,680 --> 00:55:35,200
Speaker 5: Sticky situation? A lot of what's going on, bro, you've

1142
00:55:35,200 --> 00:55:37,919
Speaker 5: been unmuted, you've been ready on use yourself. You said

1143
00:55:37,960 --> 00:55:39,320
Speaker 5: you you got the course right.

1144
00:55:39,719 --> 00:55:42,080
Speaker 19: Yeah, yeah, it was going on, gentlemen. I just wanted

1145
00:55:42,120 --> 00:55:45,600
Speaker 19: to give a shout to you guys recent earner. I've

1146
00:55:45,600 --> 00:55:46,600
Speaker 19: been following you guys.

1147
00:55:46,480 --> 00:55:46,919
Speaker 5: For a while.

1148
00:55:47,080 --> 00:55:49,920
Speaker 19: Matt uh, you know, fellow new York native man. So

1149
00:55:49,920 --> 00:55:51,560
Speaker 19: you know, I definitely appreciate all you do.

1150
00:55:52,280 --> 00:55:55,319
Speaker 6: Shout out to you, Elijah. You got the course, you said, Yeah,

1151
00:55:55,360 --> 00:55:55,760
Speaker 6: I jumped.

1152
00:55:55,800 --> 00:55:56,800
Speaker 5: I jumped on the course.

1153
00:55:56,880 --> 00:55:59,959
Speaker 19: I've been on the webinars, I jumped on the court.

1154
00:56:01,000 --> 00:56:03,840
Speaker 19: Already had the membership and due to the course, I

1155
00:56:03,920 --> 00:56:05,840
Speaker 19: upgraded and got the annual membership.

1156
00:56:06,360 --> 00:56:08,080
Speaker 5: You know, I just I just jumped all over it.

1157
00:56:08,160 --> 00:56:10,719
Speaker 6: So yeah, so let's talk about the course work quick.

1158
00:56:10,760 --> 00:56:12,800
Speaker 6: How far along are you in the course.

1159
00:56:13,640 --> 00:56:15,560
Speaker 19: I'm just through the first couple of videos so far,

1160
00:56:17,040 --> 00:56:21,120
Speaker 19: and you know, just really just going through, really just

1161
00:56:21,120 --> 00:56:23,799
Speaker 19: trying to immerse myself in everything, e y l. You know,

1162
00:56:23,920 --> 00:56:27,440
Speaker 19: just due to my current situation. So you know, I'm

1163
00:56:27,440 --> 00:56:30,759
Speaker 19: trying to come out of this COVID thing in a

1164
00:56:30,840 --> 00:56:34,920
Speaker 19: much better situation. And you know, seeing this is the path, man,

1165
00:56:35,400 --> 00:56:37,520
Speaker 19: ey L is the path. You know, I'm trying to

1166
00:56:37,640 --> 00:56:38,439
Speaker 19: jump on this train.

1167
00:56:39,080 --> 00:56:39,360
Speaker 6: Fact.

1168
00:56:39,920 --> 00:56:40,520
Speaker 5: Appreciate that.

1169
00:56:40,840 --> 00:56:41,960
Speaker 6: I appreciate that, you know.

1170
00:56:43,440 --> 00:56:46,560
Speaker 19: So my quick question was, so I was I was

1171
00:56:46,760 --> 00:56:50,080
Speaker 19: starting the process, me and my wife looking, you know,

1172
00:56:50,160 --> 00:56:52,040
Speaker 19: to get a second home. It's it's kind of tricky

1173
00:56:52,080 --> 00:56:56,040
Speaker 19: because we already own a home, but my name is

1174
00:56:56,080 --> 00:57:01,279
Speaker 19: not on the mortgage, and so then I took some

1175
00:57:01,320 --> 00:57:03,000
Speaker 19: money out of my four one K I got like

1176
00:57:03,120 --> 00:57:05,760
Speaker 19: twenty five on hand. I got a little over fifty

1177
00:57:05,800 --> 00:57:08,840
Speaker 19: more still in there, and I was about to start

1178
00:57:08,880 --> 00:57:12,680
Speaker 19: looking into the FAHA process up here in Boston, but

1179
00:57:12,719 --> 00:57:19,000
Speaker 19: then I got laid off. So my question is should

1180
00:57:19,080 --> 00:57:24,320
Speaker 19: I to keep the income consistent? Should I go back

1181
00:57:24,720 --> 00:57:27,240
Speaker 19: because I was in retails, I was in retail management.

1182
00:57:27,760 --> 00:57:31,840
Speaker 19: So should I go back and get something just in

1183
00:57:31,920 --> 00:57:35,320
Speaker 19: retail to keep the income consistent so when it comes

1184
00:57:35,400 --> 00:57:38,200
Speaker 19: time to really start the process, that income stream is

1185
00:57:38,240 --> 00:57:42,400
Speaker 19: consistent or can I just maneuver something with cash on hand?

1186
00:57:43,360 --> 00:57:46,400
Speaker 6: No, I would go back to work immediately, so that

1187
00:57:46,480 --> 00:57:50,000
Speaker 6: way you keep that consistency and keep that W two flowing.

1188
00:57:50,880 --> 00:57:53,840
Speaker 6: And especially if you're trying to take advantage of low

1189
00:57:53,920 --> 00:57:57,200
Speaker 6: down payments and low interest rates, you want to go

1190
00:57:57,240 --> 00:58:00,120
Speaker 6: back to work or get a new job and his

1191
00:58:00,240 --> 00:58:03,080
Speaker 6: retail or whatever. You know what I'm saying, And hopefully

1192
00:58:03,120 --> 00:58:06,560
Speaker 6: it's the same type of thing you were making previously,

1193
00:58:06,960 --> 00:58:09,280
Speaker 6: so that way it's not a decline. But I would

1194
00:58:09,320 --> 00:58:12,240
Speaker 6: definitely say our advis get another job.

1195
00:58:12,480 --> 00:58:13,760
Speaker 19: Okay and keep it consistent.

1196
00:58:13,840 --> 00:58:17,920
Speaker 5: Okay, all right, appreciate it. Appreciate you, Eli, thank you. Man.

1197
00:58:17,960 --> 00:58:20,320
Speaker 6: Let me know if you have any questions about the blueprint.

1198
00:58:20,240 --> 00:58:20,640
Speaker 2: We'll do it.

1199
00:58:20,680 --> 00:58:24,480
Speaker 5: We'll do appreciate it. Thanks fellas. All right, absolutely, a

1200
00:58:24,480 --> 00:58:27,240
Speaker 5: couple more questions. Yeah, I see my guy, My God's

1201
00:58:27,280 --> 00:58:37,120
Speaker 5: calling in there you go. It's good, it's good man,

1202
00:58:37,440 --> 00:58:38,760
Speaker 5: page pace.

1203
00:58:39,160 --> 00:58:40,640
Speaker 2: Face pigs was going down.

1204
00:58:41,040 --> 00:58:41,800
Speaker 6: What's up? Killer?

1205
00:58:42,400 --> 00:58:44,360
Speaker 2: And now I see always tear the land up?

1206
00:58:44,480 --> 00:58:51,040
Speaker 6: Huh superstars the superstars bro always work.

1207
00:58:51,600 --> 00:58:53,439
Speaker 2: It's only right, man, it's toly right.

1208
00:58:53,600 --> 00:58:53,800
Speaker 5: Man.

1209
00:58:56,800 --> 00:58:59,720
Speaker 2: I got the blueprint too, Man, I got the blueprint as.

1210
00:58:59,560 --> 00:59:03,440
Speaker 6: Well, So tell tell people what's your thoughts on a blueprint?

1211
00:59:03,560 --> 00:59:06,560
Speaker 20: Keep it a buck No, I think I think it's

1212
00:59:06,400 --> 00:59:08,680
Speaker 20: it's it's all the way official, man. Like with the

1213
00:59:09,360 --> 00:59:12,400
Speaker 20: in terms of the layout the videos, like you said

1214
00:59:12,440 --> 00:59:15,760
Speaker 20: that people are participating in the comments asking questions that

1215
00:59:16,200 --> 00:59:18,760
Speaker 20: you didn't necessarily cover. But you you know, you you

1216
00:59:18,960 --> 00:59:23,680
Speaker 20: diving right in responding the quizzes. I think that's key

1217
00:59:23,720 --> 00:59:25,560
Speaker 20: because it really forces you to make sure you know

1218
00:59:25,640 --> 00:59:28,240
Speaker 20: what you actually but you just went over you know

1219
00:59:28,280 --> 00:59:30,520
Speaker 20: what I mean. I'm right now, I'm just going through

1220
00:59:30,520 --> 00:59:33,800
Speaker 20: the fah A regulation. So you know that's that's that's

1221
00:59:33,840 --> 00:59:39,320
Speaker 20: a lot of videos right there. Yeah, but some more too. No, no, no,

1222
00:59:39,520 --> 00:59:41,520
Speaker 20: but so far, man, I think it's I think it's

1223
00:59:41,560 --> 00:59:43,520
Speaker 20: I think it's, you know, a one one of the

1224
00:59:43,520 --> 00:59:46,360
Speaker 20: best courses in terms of like the different courses people

1225
00:59:46,400 --> 00:59:47,280
Speaker 20: have online or whatever.

1226
00:59:47,280 --> 00:59:48,960
Speaker 2: I would say it's definitely one of the top ones

1227
00:59:49,000 --> 00:59:49,400
Speaker 2: I've seen.

1228
00:59:50,040 --> 00:59:51,640
Speaker 6: Wo right, thank you. I appreciate that. Bro.

1229
00:59:53,920 --> 00:59:57,800
Speaker 9: You got a question all the question brouh nah nah Man,

1230
00:59:57,840 --> 00:59:59,360
Speaker 9: I just wanted to get on show some love.

1231
00:59:59,360 --> 00:59:59,520
Speaker 2: You know.

1232
00:59:59,560 --> 01:00:01,360
Speaker 20: I know you said you wanted to earn it, you know,

1233
01:00:01,440 --> 01:00:03,320
Speaker 20: talk about the course, man, So you know, I would

1234
01:00:03,320 --> 01:00:05,400
Speaker 20: suggest everybody go out there and get it. You know,

1235
01:00:05,440 --> 01:00:08,040
Speaker 20: I watched all the MATS videos, so a lot of

1236
01:00:08,080 --> 01:00:10,240
Speaker 20: the stuff, you know, I see the information, but just

1237
01:00:10,280 --> 01:00:12,720
Speaker 20: the way that he's packaged it and organized it in.

1238
01:00:12,640 --> 01:00:15,160
Speaker 2: A nice streamline way, you know what I mean. He

1239
01:00:15,240 --> 01:00:17,160
Speaker 2: got the little app. You can have it on your phone.

1240
01:00:17,240 --> 01:00:20,200
Speaker 20: You got it all the time, like rewind like it's

1241
01:00:20,240 --> 01:00:23,880
Speaker 20: it's it's It's definitely definitely worth the money, you know

1242
01:00:23,960 --> 01:00:25,680
Speaker 20: what I mean. Get it now, you know what I mean,

1243
01:00:25,920 --> 01:00:28,200
Speaker 20: before the price go up, I got it. I'm telling

1244
01:00:28,200 --> 01:00:29,960
Speaker 20: you get it. I say, get it for yourself, Get

1245
01:00:29,960 --> 01:00:30,720
Speaker 20: it for your kids.

1246
01:00:30,800 --> 01:00:33,960
Speaker 6: Man, that's a fact, brother, thank you. I appreciate that.

1247
01:00:34,000 --> 01:00:34,160
Speaker 5: Bro.

1248
01:00:34,400 --> 01:00:36,760
Speaker 7: Let's just show your cash apps in there in the

1249
01:00:36,840 --> 01:00:42,120
Speaker 7: air on YouTube and zoom. We're just gone. We get away.

1250
01:00:42,400 --> 01:00:44,560
Speaker 7: We do a little stimulus package.

1251
01:00:45,480 --> 01:00:47,480
Speaker 6: Wait, hold on, you're about to give a stimulus package

1252
01:00:47,480 --> 01:00:48,120
Speaker 6: away right now.

1253
01:00:48,680 --> 01:00:50,919
Speaker 5: Random, this is just a random stimulus just.

1254
01:00:50,880 --> 01:00:52,680
Speaker 6: You know what you're giving away?

1255
01:00:54,120 --> 01:00:55,000
Speaker 5: Oh, get away.

1256
01:00:55,240 --> 01:00:57,520
Speaker 7: We give away one hundred dollars to like five people

1257
01:00:57,520 --> 01:00:59,000
Speaker 7: with six people, one hundred dollars apiece.

1258
01:00:59,160 --> 01:01:04,400
Speaker 9: You know, fucking I'll match that less less.

1259
01:01:04,480 --> 01:01:05,160
Speaker 6: Let's match it.

1260
01:01:05,600 --> 01:01:07,160
Speaker 5: Let's let's do it. Let's do it.

1261
01:01:07,320 --> 01:01:10,640
Speaker 7: Just random, just a random, just a random What day

1262
01:01:10,640 --> 01:01:12,800
Speaker 7: is Thursday? So you know what's crazy is when he

1263
01:01:12,880 --> 01:01:17,160
Speaker 7: was in Atlanta, we went to Jeremy uh what's his

1264
01:01:17,240 --> 01:01:17,680
Speaker 7: naxt name?

1265
01:01:18,240 --> 01:01:18,439
Speaker 6: Man?

1266
01:01:18,480 --> 01:01:22,120
Speaker 7: My man shot him. He had us over his house.

1267
01:01:22,160 --> 01:01:23,840
Speaker 7: He got a beautiful house out.

1268
01:01:23,720 --> 01:01:27,080
Speaker 9: There in Atlanta, Like everybody got like the houses in Atlanta.

1269
01:01:27,160 --> 01:01:30,280
Speaker 5: It's crazy, crazy crazy. It's like, what are we doing

1270
01:01:30,280 --> 01:01:30,800
Speaker 5: for New York?

1271
01:01:31,320 --> 01:01:31,800
Speaker 6: Y'all? Love?

1272
01:01:31,880 --> 01:01:32,000
Speaker 17: Man?

1273
01:01:32,000 --> 01:01:34,400
Speaker 6: When I saw that house, I saw the pictures, I'm like, man,

1274
01:01:34,480 --> 01:01:38,440
Speaker 6: New York is just like so behind that crib in

1275
01:01:38,440 --> 01:01:40,920
Speaker 6: New York will probably cost you three million, easy, like

1276
01:01:41,400 --> 01:01:42,000
Speaker 6: five million.

1277
01:01:44,320 --> 01:01:46,240
Speaker 5: You see the whole thing. The pictures didn't even do

1278
01:01:46,320 --> 01:01:49,400
Speaker 5: with justice. Jeremy Anderson, Jeremy and Jeremy Anderson his wife.

1279
01:01:49,800 --> 01:01:54,880
Speaker 7: His wife had a as a two room closet. It's crazy, man, Like,

1280
01:01:55,120 --> 01:01:56,240
Speaker 7: it's crazy what he's doing.

1281
01:01:56,800 --> 01:01:59,680
Speaker 9: When they invited us, right the invitation, I'm like, I

1282
01:01:59,720 --> 01:02:02,360
Speaker 9: look at shot him like your what restaurant is in

1283
01:02:02,360 --> 01:02:03,160
Speaker 9: a house?

1284
01:02:04,560 --> 01:02:07,080
Speaker 7: They had a menu. They had a menu like this

1285
01:02:07,160 --> 01:02:09,960
Speaker 7: is this is lunch like salmon over.

1286
01:02:11,360 --> 01:02:11,920
Speaker 5: Maccaroni.

1287
01:02:14,800 --> 01:02:16,080
Speaker 6: Well he had the chef there too.

1288
01:02:16,480 --> 01:02:19,680
Speaker 5: Yeah, you got a personal chef. You had three backyards.

1289
01:02:20,200 --> 01:02:22,760
Speaker 9: He talking about putting a basketball court, tennis cornerback and

1290
01:02:22,760 --> 01:02:25,240
Speaker 9: I'm looking at him like, damn, you know what.

1291
01:02:25,440 --> 01:02:26,480
Speaker 5: Then Neil David something.

1292
01:02:26,600 --> 01:02:30,200
Speaker 7: He putting the elevator in his crib foor story elevator

1293
01:02:30,240 --> 01:02:30,840
Speaker 7: and living room.

1294
01:02:31,240 --> 01:02:32,920
Speaker 5: Like Frank Loser.

1295
01:02:33,200 --> 01:02:35,120
Speaker 6: Shout out to Neo the genius.

1296
01:02:35,200 --> 01:02:37,080
Speaker 5: Davis a legend.

1297
01:02:38,000 --> 01:02:40,160
Speaker 6: Neil is a legend, man, shout shout out to Neo.

1298
01:02:40,320 --> 01:02:41,800
Speaker 6: Man that guy special.

1299
01:02:42,080 --> 01:02:43,680
Speaker 5: I say that to say they just battling.

1300
01:02:43,760 --> 01:02:46,080
Speaker 7: Chris shouting this is two we tell so we sw

1301
01:02:46,120 --> 01:02:49,160
Speaker 7: he building his house and then Alex is getting the house.

1302
01:02:49,240 --> 01:02:49,880
Speaker 5: It's just crazy.

1303
01:02:49,960 --> 01:02:52,680
Speaker 7: So I say that to say, you know, I realized.

1304
01:02:52,840 --> 01:02:54,640
Speaker 7: I always knew that, but I just realized even when

1305
01:02:54,680 --> 01:02:57,800
Speaker 7: I was a two day afternoon. And one of the

1306
01:02:58,280 --> 01:03:01,080
Speaker 7: great things about financial literacy and things that everybody that

1307
01:03:01,280 --> 01:03:04,600
Speaker 7: we teach about is it allows your freedom. To me,

1308
01:03:04,760 --> 01:03:06,800
Speaker 7: freedom is even more important than money. And it's like

1309
01:03:07,200 --> 01:03:09,560
Speaker 7: when you're an entrepreneur, you're investor and you can actually

1310
01:03:09,600 --> 01:03:13,720
Speaker 7: live off income that you produce from like investment or

1311
01:03:13,920 --> 01:03:14,840
Speaker 7: just your business.

1312
01:03:15,280 --> 01:03:17,600
Speaker 5: You can make whatever day you want it to be.

1313
01:03:18,240 --> 01:03:19,720
Speaker 7: So if it's Tuesday and you want it to be

1314
01:03:19,720 --> 01:03:24,080
Speaker 7: a Saturday, it's Saturday now, correct. And if it's Sunday

1315
01:03:24,120 --> 01:03:25,560
Speaker 7: and you want it to be a Monday, you want

1316
01:03:25,560 --> 01:03:29,040
Speaker 7: to work like it's Sunday's Monday. You you literally you

1317
01:03:29,120 --> 01:03:30,280
Speaker 7: make whatever day you want.

1318
01:03:30,120 --> 01:03:30,400
Speaker 5: It to be.

1319
01:03:30,600 --> 01:03:33,880
Speaker 7: Like if you want Monday to be Friday, Monday's Friday.

1320
01:03:34,920 --> 01:03:37,240
Speaker 7: And that's something that it just kind of hit me

1321
01:03:37,280 --> 01:03:40,160
Speaker 7: because they were just like, Yo, it's Tuesday at eleven

1322
01:03:40,160 --> 01:03:42,920
Speaker 7: o'clock in the afternoon and we just playing basketball with

1323
01:03:42,960 --> 01:03:47,680
Speaker 7: Spargo halfway.

1324
01:03:46,920 --> 01:03:51,160
Speaker 6: So now Spargo to young legend Man, shout out to Spargo,

1325
01:03:51,280 --> 01:03:54,000
Speaker 6: shout out to truth Jones too. Two young legends.

1326
01:03:54,000 --> 01:03:56,160
Speaker 9: Man, I saw that you did a property for him.

1327
01:03:56,160 --> 01:03:57,840
Speaker 9: Shout out to him. Were supposed to link, man, but

1328
01:03:58,560 --> 01:04:02,520
Speaker 9: he'll get to know. Like sometimes scheduling, especially the way

1329
01:04:02,560 --> 01:04:04,440
Speaker 9: we're moving right now, is just like you know, if

1330
01:04:04,480 --> 01:04:07,160
Speaker 9: I get a second man, hopefully I can take a

1331
01:04:07,200 --> 01:04:07,760
Speaker 9: five minute and that.

1332
01:04:07,960 --> 01:04:10,280
Speaker 6: But you know, yeah, I just help him and his

1333
01:04:10,400 --> 01:04:14,240
Speaker 6: family secure on Atlanta mansion out there too, man, So

1334
01:04:14,400 --> 01:04:16,919
Speaker 6: shout out to the young legends. That's how him moving.

1335
01:04:16,920 --> 01:04:19,280
Speaker 6: And that's why I love this error right now, man,

1336
01:04:19,280 --> 01:04:22,920
Speaker 6: because you got fourteen year olds running circles around it. Man,

1337
01:04:22,960 --> 01:04:23,560
Speaker 6: it's crazy.

1338
01:04:24,760 --> 01:04:28,000
Speaker 7: It's it's like, yo, this education man, if you're not

1339
01:04:28,080 --> 01:04:30,280
Speaker 7: educating yourself right now, if you're not investing in yourself,

1340
01:04:30,280 --> 01:04:34,400
Speaker 7: if you're not on YouTube, listening to podcasts, like reading books,

1341
01:04:34,400 --> 01:04:36,840
Speaker 7: getting courses, it's like, this is happening in real time.

1342
01:04:36,960 --> 01:04:40,040
Speaker 7: This isn't it. It's not a facade like we see it.

1343
01:04:40,560 --> 01:04:42,800
Speaker 7: We see it from everybody that we know personally and

1344
01:04:42,960 --> 01:04:44,680
Speaker 7: just you know, taking trips like that, and it's like

1345
01:04:44,760 --> 01:04:47,800
Speaker 7: these people just regular people. We're just regular people. Me

1346
01:04:47,960 --> 01:04:50,880
Speaker 7: and Troys regular people. You're MG's a regular person, and

1347
01:04:50,920 --> 01:04:54,040
Speaker 7: it's like there's nothing really different from us than anybody

1348
01:04:54,040 --> 01:04:56,960
Speaker 7: else except we just we've required a little bit more education,

1349
01:04:57,560 --> 01:05:01,240
Speaker 7: not through school but through selfish and it has really

1350
01:05:01,240 --> 01:05:02,080
Speaker 7: helped us tremendously.

1351
01:05:02,080 --> 01:05:02,720
Speaker 5: We just got a truck.

1352
01:05:02,760 --> 01:05:05,240
Speaker 7: We're gonna we're gonna talk about that, but we got

1353
01:05:05,240 --> 01:05:07,320
Speaker 7: a truck, got an eighteen wheeler, got our first eighteen

1354
01:05:07,360 --> 01:05:10,000
Speaker 7: wheeler that we're gonna put on the road God willing

1355
01:05:10,040 --> 01:05:11,680
Speaker 7: like within the next couple of weeks. And that's all

1356
01:05:11,720 --> 01:05:13,480
Speaker 7: through educational personally.

1357
01:05:14,200 --> 01:05:16,800
Speaker 6: Shout out to Alex Man. Alex course is wonderful.

1358
01:05:16,840 --> 01:05:17,080
Speaker 5: Man.

1359
01:05:17,400 --> 01:05:19,320
Speaker 6: I took his course, you know. And that's what I

1360
01:05:19,320 --> 01:05:22,400
Speaker 6: tell people all the time. I purchased courses right all

1361
01:05:22,440 --> 01:05:24,840
Speaker 6: the time. Like I purchased Alex Course, I purchased for the.

1362
01:05:24,840 --> 01:05:36,400
Speaker 7: States Matrix, Matrix Gon Shock and screw. Now you're looking crazy,

1363
01:05:37,520 --> 01:05:39,720
Speaker 7: They say, it looks like it's doctor hell is hot.

1364
01:05:39,720 --> 01:05:43,000
Speaker 7: His time limit, his time limit was up. But Troy,

1365
01:05:43,040 --> 01:05:45,520
Speaker 7: can you get to the people on zoom get a

1366
01:05:45,520 --> 01:05:47,200
Speaker 7: couple of names with people, and so we're gonna give it.

1367
01:05:47,200 --> 01:05:49,320
Speaker 7: We're gonna give You're gonna give away to cash that

1368
01:05:49,440 --> 01:05:52,880
Speaker 7: hopefully MG comes back, but if not, we'll finish out

1369
01:05:52,920 --> 01:05:55,960
Speaker 7: the leg for him. So yeah, MG, his his uh,

1370
01:05:56,000 --> 01:05:59,400
Speaker 7: his whole entire cyclopedia. I'm gonna fall the course in encyclopedia,

1371
01:05:59,640 --> 01:06:01,600
Speaker 7: but you're over one hundred and ten videos and he

1372
01:06:01,680 --> 01:06:04,600
Speaker 7: keeps adding to it. Like I said at the beginning

1373
01:06:04,640 --> 01:06:07,160
Speaker 7: of this, seventy eight spots laft So if get interested,

1374
01:06:07,560 --> 01:06:10,320
Speaker 7: it's in the description of this video. We also penned it.

1375
01:06:10,720 --> 01:06:12,840
Speaker 7: It's on a link in his bio, and it's on

1376
01:06:12,880 --> 01:06:16,680
Speaker 7: our website as well, early in leasia dot com. And

1377
01:06:16,760 --> 01:06:19,120
Speaker 7: like I said, financial literacy is life for death these days,

1378
01:06:19,160 --> 01:06:21,520
Speaker 7: so you know stuff like the Infama. It's only a

1379
01:06:21,520 --> 01:06:23,320
Speaker 7: couple of hundred dollars too. That's the crazy thing about it.

1380
01:06:23,400 --> 01:06:25,600
Speaker 7: He could have easily charged I tell you, that's a textbook.

1381
01:06:25,680 --> 01:06:25,800
Speaker 2: Man.

1382
01:06:26,160 --> 01:06:29,000
Speaker 5: I took physics. Yeah that's in college and the textbook

1383
01:06:29,040 --> 01:06:29,840
Speaker 5: was two ninety five.

1384
01:06:29,880 --> 01:06:32,760
Speaker 7: You could have easily charged thousands of dollars, two three

1385
01:06:32,760 --> 01:06:34,840
Speaker 7: thousand dollars. So you know, a couple of hundred dollars.

1386
01:06:34,920 --> 01:06:38,160
Speaker 7: That's like a no brain in my in my But yeah,

1387
01:06:38,240 --> 01:06:42,000
Speaker 7: hopefully we can come back. If not, we will end this,

1388
01:06:42,240 --> 01:06:45,200
Speaker 7: but make sure you cop the merch merche. We're gonna

1389
01:06:45,200 --> 01:06:47,560
Speaker 7: do the whole episode about merch, but we changed our

1390
01:06:47,600 --> 01:06:49,959
Speaker 7: operations I think that that's something that people can learn about.

1391
01:06:50,000 --> 01:06:51,240
Speaker 5: So what'll be giving you the.

1392
01:06:51,240 --> 01:06:53,400
Speaker 7: Game or how we change our operation with merch and

1393
01:06:53,440 --> 01:06:56,760
Speaker 7: how we are doing it ourselves now. And we got

1394
01:06:56,760 --> 01:06:59,280
Speaker 7: a whole operation going with merch and we got a huge,

1395
01:06:59,360 --> 01:07:01,320
Speaker 7: huge episode coming out and next week.

1396
01:07:01,360 --> 01:07:03,320
Speaker 5: But we got a big episode out right now with

1397
01:07:03,560 --> 01:07:04,960
Speaker 5: the homie Snoop. That's a big one.

1398
01:07:05,000 --> 01:07:07,400
Speaker 7: So make sure you check that out at end. Yeah,

1399
01:07:07,480 --> 01:07:10,680
Speaker 7: shoutut Market Monday shot at Uile University. Everybody on the

1400
01:07:10,720 --> 01:07:11,960
Speaker 7: check it. We just wanted to tell you this was

1401
01:07:12,000 --> 01:07:14,800
Speaker 7: an imprompto impromp two thing that we wanted to do

1402
01:07:14,840 --> 01:07:17,440
Speaker 7: with MG, just to you know, answer some questions if

1403
01:07:17,480 --> 01:07:19,680
Speaker 7: we could. It wasn't like a scheduled thing. This isn't

1404
01:07:19,680 --> 01:07:21,640
Speaker 7: part of UI University anything like that. This is just

1405
01:07:21,680 --> 01:07:23,840
Speaker 7: something that we just randomly did on a random Thursday,

1406
01:07:24,480 --> 01:07:27,840
Speaker 7: fresh off the flight, just blew back from Atlanta. And yeah,

1407
01:07:27,920 --> 01:07:32,120
Speaker 7: so yeah, MG, greetings and salutations to him.

1408
01:07:33,640 --> 01:07:36,400
Speaker 5: On his journey. National Quotes Shop real quick.

1409
01:07:36,680 --> 01:07:42,440
Speaker 9: Earnest Andrew had a U Sharita and llocat.

1410
01:07:44,400 --> 01:07:46,520
Speaker 5: We've been selected. So I'm gonna just keep maybe running

1411
01:07:46,520 --> 01:07:47,680
Speaker 5: down maybe one or two more names.

1412
01:07:47,680 --> 01:07:49,360
Speaker 9: But I was like you know, when I hear that book,

1413
01:07:49,360 --> 01:07:51,240
Speaker 9: that's because I'm texting it right to shoty ads. This

1414
01:07:51,320 --> 01:07:53,520
Speaker 9: is happening, all right, Yeah, yeah, yeah, So shout out

1415
01:07:53,520 --> 01:07:55,439
Speaker 9: to y'all. Yeah yeah, yeah, for sure. And I got

1416
01:07:55,480 --> 01:07:58,640
Speaker 9: I got toned bag on YouTube. I got Mike math

1417
01:07:58,720 --> 01:08:07,480
Speaker 9: on YouTube. I got mom massage message on YouTube. And uh,

1418
01:08:08,080 --> 01:08:09,600
Speaker 9: Nephew Nephew nine hundred.

1419
01:08:09,640 --> 01:08:12,880
Speaker 5: I like that name. I like that Nephew nine hundred.

1420
01:08:12,880 --> 01:08:16,000
Speaker 5: We'll do Nephew nine hundred money seven five seven two,

1421
01:08:17,280 --> 01:08:21,080
Speaker 5: and we'll do uh f g M three d oh

1422
01:08:21,160 --> 01:08:23,320
Speaker 5: yeah that's what moted. He said, we wasn't live. We're

1423
01:08:23,320 --> 01:08:24,880
Speaker 5: about to see how live we really are. I just

1424
01:08:24,920 --> 01:08:25,240
Speaker 5: picked you.

1425
01:08:27,000 --> 01:08:31,599
Speaker 7: So yeah, we'll get these out tonight unless cash up

1426
01:08:31,680 --> 01:08:33,400
Speaker 7: limits us to how much money we can we can

1427
01:08:33,439 --> 01:08:33,680
Speaker 7: send you.

1428
01:08:33,920 --> 01:08:35,120
Speaker 5: Isn't that crazy? Yeah?

1429
01:08:35,160 --> 01:08:37,040
Speaker 7: If not, then we'll do it tomorrow. We'll we'll get

1430
01:08:37,080 --> 01:08:40,160
Speaker 7: everybody in. But yeah, man, MG, I'm not sure what

1431
01:08:40,200 --> 01:08:42,200
Speaker 7: happened to him, but it was perfect timing because he

1432
01:08:42,320 --> 01:08:44,280
Speaker 7: was playing on ending it after the hour anyway, So

1433
01:08:44,320 --> 01:08:46,960
Speaker 7: like I said, shouts all earner is out there, shout

1434
01:08:47,040 --> 01:08:49,840
Speaker 7: everybody on YouTube. Uh, we got a bunch of stuff

1435
01:08:49,840 --> 01:08:55,280
Speaker 7: lined up this impromptu U pop up session Thursday, and oh.

1436
01:08:55,120 --> 01:09:01,720
Speaker 21: It's bad back, Matt. He's back with no no sammute yourself, Bro,

1437
01:09:01,920 --> 01:09:04,960
Speaker 21: you've been on you been on muting, Like I said,

1438
01:09:05,680 --> 01:09:06,920
Speaker 21: shot out there.

1439
01:09:09,080 --> 01:09:12,679
Speaker 6: The league, Matt, y'all, I'm back.

1440
01:09:14,200 --> 01:09:15,799
Speaker 5: Cut the volume on your phone down.

1441
01:09:15,840 --> 01:09:17,439
Speaker 6: I did, Bro, I did so.

1442
01:09:17,520 --> 01:09:19,519
Speaker 5: Yeah, we were just closing this out. Bro, he's closing

1443
01:09:19,560 --> 01:09:19,880
Speaker 5: this out.

1444
01:09:21,320 --> 01:09:23,439
Speaker 6: Yeah, man, I don't know what happened, y'all.

1445
01:09:23,840 --> 01:09:27,080
Speaker 9: The matrix, Yeah, that's what happens when you have devil

1446
01:09:27,080 --> 01:09:28,080
Speaker 9: read in the back back.

1447
01:09:30,000 --> 01:09:35,559
Speaker 6: The devil is a liar son.

1448
01:09:35,280 --> 01:09:35,880
Speaker 5: All ears.

1449
01:09:35,920 --> 01:09:38,599
Speaker 9: I'm gonna see you this Sunday. It is the start

1450
01:09:38,600 --> 01:09:40,920
Speaker 9: of our new book, Money Mesters the Game. So we're

1451
01:09:40,920 --> 01:09:41,720
Speaker 9: gonna do a section two.

1452
01:09:41,920 --> 01:09:43,479
Speaker 6: Hold on, you gave away a cash shot.

1453
01:09:44,160 --> 01:09:47,320
Speaker 9: Yeah, yeah, I got a bunch, so I'll hit you too,

1454
01:09:47,840 --> 01:09:51,320
Speaker 9: all right, send me five, all right that we'll see

1455
01:09:51,320 --> 01:09:52,559
Speaker 9: everybody on Sunday.

1456
01:09:53,040 --> 01:09:57,760
Speaker 5: That's right, Yeah, somebody study all. I'll see you got Sunday, Matt.

1457
01:09:58,040 --> 01:10:00,479
Speaker 7: I just I just told them the whole recap of

1458
01:10:00,520 --> 01:10:04,160
Speaker 7: the course, the encyclopedia. I don't even like call for cyclopedia,

1459
01:10:04,200 --> 01:10:06,320
Speaker 7: but anything. Any last words you want to say.

1460
01:10:08,200 --> 01:10:10,800
Speaker 6: For everybody who's out there buying a home right now,

1461
01:10:11,320 --> 01:10:14,360
Speaker 6: make sure you understand your purchase contract, make sure you

1462
01:10:14,439 --> 01:10:17,920
Speaker 6: have the right expectations going into the mortgage process. Like

1463
01:10:17,960 --> 01:10:21,839
Speaker 6: I said early on this Live that the mortgage industry

1464
01:10:22,160 --> 01:10:26,639
Speaker 6: is set to have the second biggest year in US history.

1465
01:10:26,720 --> 01:10:29,320
Speaker 6: You know what I'm saying, So understand term times might

1466
01:10:29,320 --> 01:10:33,400
Speaker 6: be delayed. Appraisals might be delayed right now, underwriter might

1467
01:10:33,400 --> 01:10:36,560
Speaker 6: be delayed. So just make sure you have your expectations

1468
01:10:36,560 --> 01:10:40,479
Speaker 6: set properly. If you're out here buying property right now,

1469
01:10:40,520 --> 01:10:44,840
Speaker 6: it's not easy when it comes to getting loans right now,

1470
01:10:44,880 --> 01:10:47,640
Speaker 6: So just have your expectations. But in terms of the

1471
01:10:47,960 --> 01:10:51,200
Speaker 6: home buys blueprint, I don't think there's nothing comparable on

1472
01:10:51,200 --> 01:10:55,599
Speaker 6: the market to it in all honesty, the information, the

1473
01:10:55,640 --> 01:10:58,080
Speaker 6: time that it took to put all of that together,

1474
01:10:58,640 --> 01:11:03,160
Speaker 6: one hundred plus videos. Anybody who's in this course right now,

1475
01:11:03,280 --> 01:11:08,560
Speaker 6: they're learning, they're retaining. I'm seeing as they're taking these assessments,

1476
01:11:08,840 --> 01:11:12,840
Speaker 6: they're passing it, and just from the comments, it's just

1477
01:11:12,880 --> 01:11:14,759
Speaker 6: so even if you're in the comments of these sections,

1478
01:11:14,840 --> 01:11:18,040
Speaker 6: it's like a whole nother lesson that's going on. So

1479
01:11:18,280 --> 01:11:21,880
Speaker 6: I will highly advise anybody who's watching this if you

1480
01:11:22,040 --> 01:11:24,759
Speaker 6: plan on buying a home within the next twelve months,

1481
01:11:24,800 --> 01:11:27,080
Speaker 6: if you're a first time home buyer, if you're a

1482
01:11:27,120 --> 01:11:29,839
Speaker 6: new real estate agent, if you're a new loan officer.

1483
01:11:30,439 --> 01:11:34,080
Speaker 6: Especially for the professionals, those classes to get licensed don't

1484
01:11:34,120 --> 01:11:36,400
Speaker 6: teach you product. It doesn't teach you the process. It

1485
01:11:36,520 --> 01:11:39,519
Speaker 6: just teach you the law. This blueprint is not just

1486
01:11:39,560 --> 01:11:41,759
Speaker 6: for the home buyers, for you as well to understand

1487
01:11:41,800 --> 01:11:44,040
Speaker 6: and learn the process. There's a lot of loan officers

1488
01:11:44,040 --> 01:11:46,880
Speaker 6: in relatives who's purchase this course already and they got

1489
01:11:46,920 --> 01:11:49,719
Speaker 6: rave reviews upon it. So this will help you guys

1490
01:11:49,840 --> 01:11:52,679
Speaker 6: and help your product knowledge as well before your first

1491
01:11:52,720 --> 01:11:54,719
Speaker 6: time home buyers, even if you're a move up buyer

1492
01:11:55,240 --> 01:11:57,240
Speaker 6: or you're having purchases at home in a while. You

1493
01:11:57,320 --> 01:11:59,200
Speaker 6: just want to have a better understanding of what to

1494
01:11:59,280 --> 01:12:03,400
Speaker 6: expect in today's market, Like this is information for today's market.

1495
01:12:03,600 --> 01:12:08,240
Speaker 6: You know COVID nineteen. So take the course, learn it,

1496
01:12:08,360 --> 01:12:11,120
Speaker 6: retain it, be on the lookout for all the updates

1497
01:12:11,560 --> 01:12:14,719
Speaker 6: and look, if you don't follow me already on Instagram,

1498
01:12:14,760 --> 01:12:19,280
Speaker 6: hit me MG the mortgage Guy and Earners. There's a

1499
01:12:19,320 --> 01:12:21,479
Speaker 6: couple of people that came into comments and asking about

1500
01:12:21,479 --> 01:12:24,000
Speaker 6: the e y l u discount. I'm going to post

1501
01:12:24,000 --> 01:12:26,800
Speaker 6: a link for e y lu members in the Facebook

1502
01:12:26,880 --> 01:12:29,280
Speaker 6: group again, so that way you guys want to purchase,

1503
01:12:29,280 --> 01:12:31,640
Speaker 6: That way you can get the e y l u discount.

1504
01:12:31,880 --> 01:12:33,680
Speaker 6: If you're not an e y lu member and you

1505
01:12:33,680 --> 01:12:36,959
Speaker 6: buy the home Buyers Blueprint, I highly recommend take advantage

1506
01:12:36,960 --> 01:12:40,280
Speaker 6: of the bundle that e y l is offering to

1507
01:12:40,439 --> 01:12:43,880
Speaker 6: join e y l u two. And that's all I

1508
01:12:43,920 --> 01:12:45,479
Speaker 6: really got for you guys. Man, if you DM me

1509
01:12:46,120 --> 01:12:50,200
Speaker 6: on Instagram, you're having a conversation with the order responder,

1510
01:12:50,360 --> 01:12:52,439
Speaker 6: just please understand that right now, that is not me.

1511
01:12:52,880 --> 01:12:56,200
Speaker 6: That's the order responder. And I do check the dms

1512
01:12:56,240 --> 01:12:58,280
Speaker 6: from time to time, but I'm not in dms all

1513
01:12:58,360 --> 01:13:01,520
Speaker 6: day long. I will highly recommd in. If you have questions,

1514
01:13:01,720 --> 01:13:04,000
Speaker 6: turn on your post notifications. If you see me on

1515
01:13:04,080 --> 01:13:07,840
Speaker 6: Instagram live, jump on live. I'm always answering questions. It's

1516
01:13:07,880 --> 01:13:10,200
Speaker 6: like a home buying seminar every time I go on live.

1517
01:13:10,280 --> 01:13:12,479
Speaker 6: So you know, if you don't want to get the

1518
01:13:12,520 --> 01:13:14,479
Speaker 6: cost and you still want to learn from me, make

1519
01:13:14,520 --> 01:13:16,479
Speaker 6: sure you jump on my lives and go to my

1520
01:13:16,560 --> 01:13:19,439
Speaker 6: YouTube channel. MG the mortgage gout and binge. Watch the

1521
01:13:19,439 --> 01:13:22,840
Speaker 6: playlist because at the end of this month, I'm archiving everything.

1522
01:13:23,800 --> 01:13:25,240
Speaker 5: All right, Bro, we go to get you some more

1523
01:13:25,360 --> 01:13:25,720
Speaker 5: merch too.

1524
01:13:25,840 --> 01:13:29,439
Speaker 9: Yeah, we get We gotta shout out to the albums.

1525
01:13:29,640 --> 01:13:30,519
Speaker 5: Yeah, shout out that album.

1526
01:13:31,520 --> 01:13:32,759
Speaker 6: What's that it was written?

1527
01:13:33,040 --> 01:13:37,479
Speaker 5: Now we got yeah? Yeah yeah? And coming off.

1528
01:13:37,600 --> 01:13:39,439
Speaker 6: Queens get the money. Shout out to queens.

1529
01:13:39,840 --> 01:13:42,000
Speaker 5: You know, every time I hear you coming in playing,

1530
01:13:42,880 --> 01:13:43,200
Speaker 5: got to.

1531
01:13:43,120 --> 01:13:44,920
Speaker 6: Put Queens on. I need some of that pink merchant.

1532
01:13:44,920 --> 01:13:49,280
Speaker 6: Where's my where's my my tenured varsity jacket? Man?

1533
01:13:49,720 --> 01:13:51,679
Speaker 5: We got we got bunch, got got a whole box.

1534
01:13:51,920 --> 01:13:52,920
Speaker 5: Send your whole box of merch.

1535
01:13:53,000 --> 01:13:56,080
Speaker 6: Listen, listen, I'm tenured now, Bro, I need jackets.

1536
01:13:56,840 --> 01:13:57,160
Speaker 5: On the way.

1537
01:13:57,160 --> 01:14:00,320
Speaker 9: I see a lot of people sending sending messages. He's

1538
01:14:00,360 --> 01:14:03,040
Speaker 9: hitting me by the ideas. Look, man, I'm excited about it.

1539
01:14:03,080 --> 01:14:04,599
Speaker 9: I want to get it out there. Hopefully we'll get

1540
01:14:04,600 --> 01:14:09,439
Speaker 9: it out I'm thinking November we're gonna release some stuff.

1541
01:14:09,439 --> 01:14:11,439
Speaker 9: We're gonna lease some stuff, some new, brand new things.

1542
01:14:11,600 --> 01:14:13,360
Speaker 5: Well send you will send you all the merchant.

1543
01:14:13,960 --> 01:14:16,439
Speaker 6: And I appreciate that, fellas. And I just checked the stats,

1544
01:14:16,560 --> 01:14:19,599
Speaker 6: is like sixty five left for the fifty percent discount.

1545
01:14:19,680 --> 01:14:22,240
Speaker 6: So if you guys want to take advantage, take advantage now,

1546
01:14:22,320 --> 01:14:25,000
Speaker 6: because once it's gone, I don't have to tell you.

1547
01:14:25,120 --> 01:14:25,839
Speaker 5: I like the quizzes.

1548
01:14:25,840 --> 01:14:27,680
Speaker 7: I like the quizies in it too, Like after each

1549
01:14:27,720 --> 01:14:29,840
Speaker 7: session remind me of being in school, you get quiz

1550
01:14:29,920 --> 01:14:30,120
Speaker 7: on it.

1551
01:14:30,600 --> 01:14:35,000
Speaker 5: So but Matt Man, thank you for your time. Appreciate you.

1552
01:14:35,840 --> 01:14:38,960
Speaker 7: And yeah, I sent you to cash that information too

1553
01:14:39,000 --> 01:14:39,799
Speaker 7: for all those people.

1554
01:14:39,880 --> 01:14:43,240
Speaker 6: So all right, cool, I appreciate y'all. Man, shout out

1555
01:14:43,280 --> 01:14:45,080
Speaker 6: to all the earners, and shout out to E y

1556
01:14:45,240 --> 01:14:48,320
Speaker 6: L Nation. Make sure y'all go check episode one oh

1557
01:14:48,560 --> 01:14:52,599
Speaker 6: four and episode twelve The Goat episode.

1558
01:14:52,680 --> 01:14:55,639
Speaker 9: Yo O Joe, today, I promise you. We're in the airport.

1559
01:14:56,720 --> 01:14:58,680
Speaker 9: This gentleman who was in lineing you look back a

1560
01:14:58,720 --> 01:15:03,240
Speaker 9: few times. I was just like, yo, Troy, that's what

1561
01:15:03,880 --> 01:15:05,320
Speaker 9: you're doing here.

1562
01:15:05,520 --> 01:15:07,000
Speaker 5: And I was like, yeah, we're about to fly back

1563
01:15:07,040 --> 01:15:09,920
Speaker 5: to New York. He's like, yo, Man'll be honest with you.

1564
01:15:09,920 --> 01:15:12,000
Speaker 9: Man, I've been putting my wife on start listening to

1565
01:15:12,080 --> 01:15:12,839
Speaker 9: episode twelve.

1566
01:15:13,520 --> 01:15:18,920
Speaker 5: I was like, interesting, interesting episode, I said. I said, yeah,

1567
01:15:18,920 --> 01:15:20,680
Speaker 5: we're gonna be doing something with that guy to night. Man.

1568
01:15:20,720 --> 01:15:22,559
Speaker 5: He's like y'all gonna check that out, man for sure.

1569
01:15:24,240 --> 01:15:25,519
Speaker 5: Episode one oh four.

1570
01:15:26,000 --> 01:15:29,519
Speaker 6: Yes, two time champ e y L podcast, the only

1571
01:15:29,560 --> 01:15:32,400
Speaker 6: two time champ y'all. Don't forget that back for a

1572
01:15:32,439 --> 01:15:34,200
Speaker 6: third one two the only.

1573
01:15:34,080 --> 01:15:36,160
Speaker 5: One who's been in this in this in this studio.

1574
01:15:36,240 --> 01:15:37,280
Speaker 5: So shout out to you. Man.

1575
01:15:37,360 --> 01:15:40,000
Speaker 6: I always love all right, nothing but love my brothers.

1576
01:15:40,479 --> 01:15:44,320
Speaker 5: So alight, y'all be safe, be good to each other. Teck,

1577
01:15:44,400 --> 01:15:45,519
Speaker 5: somebody call somebody you know.

1578
01:15:45,680 --> 01:15:47,640
Speaker 6: Make sure on YouTube. I hit that like button and

1579
01:15:47,680 --> 01:15:48,519
Speaker 6: share this with people.

1580
01:15:48,560 --> 01:15:54,760
Speaker 4: Man, my graduates from my school being forced back drop

1581
01:15:55,800 --> 01:15:58,320
Speaker 4: drop Mike drop drop.

1582
01:16:09,520 --> 01:16:13,200
Speaker 22: An illegal alien from Guatemala charged with raping a child

1583
01:16:13,200 --> 01:16:17,000
Speaker 22: in Massachusetts. An MS thirteen gang member from Al Salvador

1584
01:16:17,240 --> 01:16:21,400
Speaker 22: accused of murdering a Texas man of Venezuelan charged with

1585
01:16:21,439 --> 01:16:25,360
Speaker 22: filming and selling child pornography in Michigan. These are just

1586
01:16:25,439 --> 01:16:29,160
Speaker 22: some of the heinous migrant criminals caught because of President

1587
01:16:29,240 --> 01:16:32,840
Speaker 22: Donald J. Trump's leadership. I'm Christy nom the United States

1588
01:16:32,840 --> 01:16:37,639
Speaker 22: Secretary of Homeland Security. Under President Trump, attempted illegal border

1589
01:16:37,680 --> 01:16:41,240
Speaker 22: crossings are at the lowest levels ever recorded, and over

1590
01:16:41,280 --> 01:16:44,479
Speaker 22: one hundred thousand illegal aliens have been arrested. If you

1591
01:16:44,560 --> 01:16:48,439
Speaker 22: are here illegally, your next you will be fine nearly

1592
01:16:48,520 --> 01:16:52,519
Speaker 22: one thousand dollars a day, imprisoned, and deported. You will

1593
01:16:52,560 --> 01:16:56,200
Speaker 22: never return. But if you register using our CBP home

1594
01:16:56,240 --> 01:16:59,639
Speaker 22: app and leave now, you could be allowed to return legally.

1595
01:17:00,080 --> 01:17:04,719
Speaker 22: Do what's right. Leave now. Under President Trump America's laws,

1596
01:17:04,920 --> 01:17:07,360
Speaker 22: border and families will be protected.

1597
01:17:07,439 --> 01:17:09,599
Speaker 6: Sponsored by the United States Department of Homeland Security,