The Dynastus Podcast

Ben

The show for those building family fortunes and lasting legacies.

  1. Jun 9

    How Families Use Mortgages for Generational Wealth (Padideh Goodspeed)

    Actionable insights from the episode, plus bonus content here: https://open.substack.com/pub/dynastus/p/how-families-use-mortgages-to-build Most people sign a mortgage and never think about it again. Wealthy families think about it constantly. Padi Goodspeed joins me to break down how sophisticated borrowers actually use the mortgage industry to build lasting family wealth. Find Padi on The Dynastus Network: https://dynastus.com/partner/padi-goodspeed/ Chekc these out next: Han and Tracy with remote US property investing and a tax free RE strategy: https://youtu.be/v0JEiR9tYwM David Barnett on Business Exits and Acquisitions: https://youtu.be/ZHvQa6nvyeY TIMESTAMPS: 0:00 Intro 1:20 Strange Circumstances of Mortgages 3:00 Money in Suitcases? 3:53 What Actually Qualifies You? 5:37 Then What Disqualifies You? 8:07 Personal Guarantees, LLCs, & Non-Recourse Loans 10:34 Instagram Advice Won't Help You 12:06 What do Sophisticated Borrowers do? 14:59 Approval Process for Investments 17:50 How Much Cashflow Does a Property Need? 18:55 FHA Loans 22:40 The Housing Crisis 26:30 Using Other Assets to Secure Loans 29:27 Early repayment vs Full Term 31:38 Should you Wait for a Better Rate? 33:36 Variable vs Fixed 36:02 Refinancing 40:31 Commercial vs domestic 42:07 Signals to Keep Ahead of The Rate Market 46:47 50 Year Mortgage 48:26 Keeping Mortgage Brokers Honest 52:19 Structuring Your Loans 53:19 Questions You Don't Know to Ask 54:21 Post-Mortem Mortgages 55:35 Mortgage Misinformation 58:06 The difference 1:00:01 Make your Property Decisions Benefit your Grandchildren

    1h 3m

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The show for those building family fortunes and lasting legacies.

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