Banks are crashing, and your money could be at risk. But not just your money, the next mortgage on your rental property could be a LOT more challenging to get as bond investing dries up, banks get bought out, and interest rates continue to rise. Is 2023’s bank collapse leading to a future where it’s harder to invest in real estate? And should you be socking away cash under your mattress in case a doomsday scenario comes true? We’ve got mortgage broker and lending expert, Christian Bachelder, here to give us the facts.
After the fallout of Silicon Valley Bank (SVB) and Credit Suisse’s subsequent saving, more Americans are getting frustrated, and worried, about the economy. But, for many of us, the facts are a lot less scarier than the fiction. Christian goes into exactly what’s happening with banks in 2023, how their bond purchases fell flat, what the Federal Reserve is doing to correct this, and why the government is so freely bailing out banks.
But that’s not it. Christian also describes how getting a mortgage could become much more challenging as bonds become risky, and what investors MUST look for to secure financing on their next rental property purchase. These bank collapses could have a BIG effect on the future of real estate investing!
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Could SVB's Collapse Cause a Housing Market
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How Did A $200B+ Bank Collapse In 48
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SVB’s Risky Bailout and The Bank Run “Domino Effect”:
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Could Banking Failures Actually Mean Good News For Multifamily
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Connect with Christian and David on BiggerPockets:
Christian:
David: Another Bank Bites the Dust
01:56 Why Banks Buy Bonds
04:59 Is Your Money Safe?
08:20 Why is The Fed Stepping In?
10:09 Will Mortgages Get Hit?
11:41 Connect with Christian!
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