Fannie Mae removed the minimum credit score of 620, required to qualify for a loan. Trump wants to give a 50 year mortgage option. We talk about if it is a good idea, and the impact it may have. Takeaways Most people may not prefer a 50-year mortgage.Longer mortgage terms could impact financial planning for homeowners.Potential risks of long-term mortgages need to be considered.Consumer education on mortgage options is essential.The future of home financing may include more flexible ter...

How homeowners can leverage their home equity to start investing in real estate. We explore two primary methods: home equity loans and home equity lines of credit (HELOCs), detailing the pros and cons of each. The conversation emphasizes the importance of understanding one's financial situation and having a clear investment strategy. We also address common fears associated with using home equity for investments and provide insights on how to navigate these financial tools effectively. Key Ta...

Exploring the intriguing world of spooky and potentially haunted houses as potential investment properties. We share our personal beliefs about hauntings, legal requirements for disclosing deaths in homes, and the cultural significance of energy in real estate. Plus we look at some spooky and "haunted" house listings, considering their investment potential, and sharing renovation ideas. From witchy houses to the famous haunted house from 'The Conjuring,' we get into the chisme on the potentia...

Feeling stuck on where to invest in real estate? In this episode of Real Estate Jefas, we break down how to choose your first rental market without getting overwhelmed. Whether you’re investing for cash flow or long-term appreciation, they walk you through the key indicators like population size, job growth, neighborhood class, and income levels. This episode is for you if you’re a Latina wealth builder, navigating the world of real estate investing with zero blueprint but big goals. Learn ho...

From playing it safe with 401(k)s and savings account to becoming rental property owners. Here is why not maxing out your retirement fund and investing in real estate can help you reach financial independence and retire earlier. Violeta shares how a military VA loan (and a little accidental house hacking) kicked off her investing journey. Lindsey opens up about burning out as a nurse during the pandemic — and why that moment pushed her to chase financial freedom now, not at 65. Get more...

Walking through properties is a must for potential investment properties. But sometimes there are some unexpected surprises. We share our experiences with some scary property walkthroughs and what we would do different. Violeta recounts her first rehab experience, highlighting issues like mold and asbestos, while Lindsay shares a humorous yet alarming story about encountering fleas during a property visit. We also share some tips on how to stay safe during walkthroughs of rehab properti...

From fires to flooding, Violeta and Lindsay we share our personal experiences with the challenges of real estate investing, focusing on the scary side of property management. Lindsay recounts her first BRRRR project, which took a turn when a fire broke out in her property, leading to unexpected costs and insurance dilemmas. Violeta shares her own experience with flooding in her properties, highlighting the importance of community support and learning from challenges in real estate. Together, ...