Jeff Guo
speaker
1,187 appearances
10 recordings
1 series
first heard Dec 2025
last heard 11 Sep
Jeff Guo’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 10 in all, peaking in Dec 2025 with 3.
Appearances
In the run-up to that, banks had been giving out all
These easy loans.
There are these loans called ninja loans, which stood for no income, no job, no assets, no problem.
You can still get a loan to buy a home.
So, one of the main things that Congress did after the crash was to really tighten the rules.
Ninja loans were basically outlawed, and mortgage lenders are now required to check stuff like your income and your assets and your credit history.
So how are these DSCR loans that don't check your income or your job, how are they even legal?
To answer that question, we talked to one of the people responsible for making DSCR loans so popular.
Eric is in the business of making loans to real estate investors.
And he says the story of how these DSCR loans got so popular starts back in the early 2010s, right after the financial crisis.
That's when he learns about an interesting exception to the new rules and regulations surrounding mortgage loans.
and flip investors.
Yeah, Eric had met this guy who was lending money to people who buy old homes, fix them up, and try to flip them for a profit.
Fix and flippers.
You know, this is the basis for an entire genre of reality TV.
Think about all those shows on HGTV.
A year ago, we bought a foreclosed condo at auction, flipped it, and we made 20 G's in 30 days.
To buy these homes, fixin' flippers were able to take out loans that were actually exempt from most of those new post-financial crisis regulations, because these are considered business.
Business type loans.
Now, at the time, traditional banks weren't really doing these types of loans, so the fix-and-flippers went to private lenders.
Showing 61–80 of 1,187 · page 4 of 60
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