April 22, 2024

Listener questions; Who pays on first date, DSCR lending and expanding your portfolio

37 minutes

Summary

In this episode of The Cash Course Podcast, the hosts answer listener questions in a Q&A format. The first question discusses whether guys should always pay on first dates. The hosts share their opinions and experiences on the topic. The second question addresses how to get approved for a rental property with a high debt to income ratio. The hosts suggest considering a DSCR mortgage and explain its benefits. The final question asks the hosts about their biggest financial regrets, and they share personal stories and lessons learned. In this episode, Derrick and Brett discuss their biggest financial regrets and challenges. They also share their financial goals and aspirations. The conversation covers topics such as college debt, buying a home, and setting realistic goals. The episode concludes with a Q&A session.

Takeaways

The tradition of guys always paying on first dates is subjective and depends on personal preferences and the dynamics of the relationship.

To get approved for a rental property with a high debt to income ratio, consider a DSCR mortgage, which is based on the property's ability to generate cash flow.

When investing in cryptocurrencies, be cautious and only invest what you can afford to lose.

Reflecting on financial regrets can provide valuable lessons and insights for future financial decisions. It's important to reflect on and learn from our financial regrets.

College debt can be a significant burden, and it's crucial to understand the implications before taking on student loans.

Setting realistic financial goals is essential for long-term success.

Buying a home can be a challenging process, but perseverance and patience are key.

Engaging with listeners through Q&A sessions can provide valuable insights and foster a sense of community.

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By Lakeridge Realty Group