Summary
Transcript
I just got off the phone with an insider that I have been getting information from for a little bit of time. That I have been getting information from for a little bit of time. Let me shut this down. Sorry. I had the video playing in the background. And what I want to talk about is a reality that’s happening in the housing market. Has to do with Blackrock, has to do with your pension funds.
It has to do with a lot of facts. I’m going to use a news story to show you something that I’ve talked about, but I haven’t really went in depth. And I’m trying my hardest to keep this insider quiet because my auto insider, I don’t, I haven’t even talked about this, was revealed at his work a handful of months ago. Now, before I get into the housing, I have to tell you, when I say things like, this channel has grown and my life has changed forever, I’m not joking.
Like, it is straight up staggering how many views this channel gets. And it’s not because of me. It’s because of you. But I have been given information from interesting people around the world that know the truth about what’s going on behind the scenes with the information that I’ve brought. And it’s so exciting. It can be scary at times, extremely revealing. And what I’m going to reveal to you about the housing crash that’s going on.
And there are people that watch me that would, it blows my mind. And they tell me all the time, like, you’re right over the target. That term comes up by a lot of people. You’re pushing the right buttons and you’re waking the right people up. There are people in extremely high positions of power that know what’s being lied to by the mainstream media about the stock market, the housing market, the gold markets, crypto.
And they come to me every once in a while. And it’s interesting how they find me and they give me an attaboy because they go, I wish I could tell people, but I can’t because of the position I’m in. And so my auto insider was ousted, and we were shocked because there was no way. His supervisors came to him and said, do you know the ninja? And he just looked at them.
He said, he goes, yeah, I mean, not personally, but I mean, you know, watch him. And they said, are you the one that’s giving him the information about the auto industry? And it’s interesting because we both went, there’s no way. How would anybody know? I never have even said what state you’re in. Never said a name. Never even said that you were a guy. And so what I’m about to share with you, and it’s the most massive misconception and this is coming on the heels of last night.
If you saw this hotel room here, I’ll show it to you. It’s a total wreck, Liz. It’s like a studio. We had this AMA last night about bitcoin and we were capped at 500 people and there was lots of people trying to get in and how do I do this? Let me just dive in. Start. This insider is a part of a group of very successful people that sell homes to pension funds.
And there are things happening in the backgrounds as far as the value of the home is being overstated because these homes are getting bundled up into massive group bundles of homes being sold to a pension fund that will turn those into rentals at a certain price. And then during escrow, they have a carry back where a certain percentage, and I’m trying not to, I don’t want to reveal even the percentage because the, it may give away who this is, but they, they carry back to the buyer a percentage.
Well, the dollar amount for the holdings, the real estate gets recorded at the first price, thus inflating the price of the real estate market. Okay, Foxer, thank you so much, the super chat. So what I’m gonna do is before I go into a little bit more of what the insider told me, I’m gonna share with you a news story, just a little headline. And I’m gonna share with you a very serious mortgage that is more dangerous than a negative, a pay option arm.
Okay? I’ve told you for years that ninja loans were going to come back. We already have. And I have amazing people in my group, my real estate group that every month I talk to and I coach, and they’re real estate professionals that are going out and getting qualified for no income verification loans. Okay? Those are back arms are being used so much, it’s crazy. And right now, what’s happening with this new home scheme? And I want to give you a little bit of scope.
Right now, one out of three homes for sale in America are new homes. To give you an idea of how bad that is, in 2008, one out of eleven homes were new homes. Okay. When they talk about there’s a housing shortage, there’s not. What is scary is the amount of homes that are being bundled up and sold using your pension money to enslave this nation. Now it is collapsing and falling apart right before your eyes.
Even if you can’t see it. And so I implore you to do a little bit more digging because a little bit of patience. And just like that one lesson I taught my, my students about the gold to real estate ratio, they’re already up 30 plus percent. They have more leverage against real estate right now. When you talk about the average home price in America, okay, I want this information to get out to as many people as I can, because if you, information and knowledge is power.
If used the right way, just like a sword pointed in the right direction is very powerful, right? But you have to know how to use the sword. So this story is out of the LA Times, it’s out today, and it didn’t take me long to find one of these stories. It’s entitled all cash offers. Wealthy buyers push Southern California home prices to record. Now, who in the heck do you think has the money to go buy a home in one of the most expensive regions in the nation? Because quite frankly, the middle class has been broken by this inflation and the rising rates because the Fed did something very serious.
They didn’t spike rates really fast. The Fed, two years ago, if they really wanted to get on top of inflation, they would have made the base rate 8% go from zero to eight overnight. And what that would have done would have immediately halted lending. Halted. It stopped. People, would have stopped borrowing. They would have went, oh, I can’t, I obviously can’t afford that. But what they did is they confused you, and they did one of the oldest selling techniques in the book, and I’m about to pull the exact same technique on you.
I know this is going to sound crazy. I’m going to sell you something using the exact same technique that the federal reserve did two years ago, but they did it to enslave you, bankrupt you, and get you kicked out of your job, fired. I’m going to use the exact same technique, and I’m going to tell it to you right now to get you to become a winner when it comes to thinking differently and doing something different with your money.
What the Federal Reserve did is they started to pull the rug slowly. They rose rates very little so that they wouldn’t be blamed for anything. What that did is it caused anxiety and anxious feeling inside of people. And they said, oh, man, things are getting more expensive. And what they did is they saw the price of the homes going up, but they saw the cost of home ownership going up little by little.
And they knew. The Federal Reserve knows human behavior. They studied psychology like you wouldn’t believe, and they knew that month after month, the news headlines were house prices went up. But now it’s not just the news headlines saying the home price went up, the cost of buying a home went up and then went up a little bit more, 1%, 2%, 3%. And what it does is it starts to build that anxiety in people.
And then you start to hear the real estate agents say, and the mortgage brokers say, if you don’t get in now, you’re never going to be able to get in. And this is exactly what happened to people in 2004 to 2006. And they raced in, and then the news story started building up. Record amount of homes are being bought. The FOMo’s building. And this is what traps people, and it gets them to jump.
It’s like fishing. When you’ve got that lure out and you watch the fish is slowly following that lure as you’re going, and then you stop and then the fish stops. You’d think that normally the fish would go, here’s my opportunity. The bait has stopped. I’m going to strike. It’s never then. Do you know when the fish bites, it’s after it stops. And the fish stops and goes, whoa, whoa.
What just happened? Why’d the bait stop? It’s all of a sudden when the bait gets pulled again, the fish does the exact same thing a human does. I better strike now or I’m going to miss it. And he goes, the Federal Reserve did that with rates. The media is straight up lying to you. Just like this article. All cash offers wealthy buyers push southern California homes to a record that is a straight up lie.
First off, the average home price is dropping in southern California. I’ve shown people the charts. But let me show you something else, and I’m going to show you this headline. So, you know, I’m reading the real thing. Here is the truth. I don’t even want to read that story, but I want to get to this insider. This is out of nerdwallet. com dot. This was put out. It was updated February 2 of 2024.
But I want you to understand that this financing program has been around for a long time. I warned real estate agents in my old office about this program, and I said, you need to stop believing the lies you’re being told, that all these cash buyers are from San Francisco and Los Angeles. It’s a lie. One of the most amazing financial tricks out there, and I’m about to start teaching on this.
The cash offer finance programs give buyers who need mortgages the ability to offer cash on homes. It says here, investors and well heated or sorry. Well heeled buyers used to be the only ones equipped to make cash offers on homes. But now some real estate companies and lenders are giving buyers who need mortgages a chance to compete as if they had cash. Now, I’ve known about this program for years and years, but I’m going to read it directly from the nerdwallet website.
So then maybe people will wake up and understand how much of an illusion this is. And once you realize how much of an illusion this is, you’re going to absolutely destroy it. You’ll crush it in this, this coming real estate crash. And yes, I’m going to do the exact same thing that the media is doing. I’m putting in an 80% off discount, normally $1,000. It’s 200, $199 today.
I’m going to put a handful of links out there. If you want it and you want to learn about this real estate crash and how to prepare for it, links down below. That’s my sales pitch. It says here. Here is how cash offer programs work and how to consider what to consider before signing up. So it says, what is a cash offer financing? That’s what it’s called. It’s called cash offer financing.
Thank you so much chance for the super chat. It says cash offer financing programs debuted in the past several years as the housing market heated up and a growing portion of buyers made cash offers to win bidding wars. Sellers like cash cash because they don’t have to worry about a buyer having to finance having financing troubles that could delay or prevent the sale. In December of 2023, 29% of buyers paid with cash.
Right? You’re being told that that’s because everybody’s got money. That’s what real estate agents are telling you. Get ready for the truth. This is according to a survey of real estate agents by the National association of Realtors. You know the company that just got sued and lost? The eternal cheerleaders. The NAR has said that’s up from 27% of recent buyers surveyed by the NAR in November of 2023.
And similar to the 28% of buyers we’re talking, one third surveyed in December of 2022 says traditionally, a buyer gets approved or pre approved for a mortgage and makes an offer on a home. The lender then orders an appraisal and title search and finishes underwriting the mortgage. If all goes as planned, the loan is finalized on the scheduled closing date and the buyer gets the keys to the house.
With cash offer programs, you still finance the purchase with a regular mortgage, but the cash offer company agrees to purchase the home. Get to. Please understand this. I’m not trying to be overdramatic. This is very serious. I’ve been talking about this program. I say it lightly enough so that those that have ears hear it. But people need to really understand how bad this real estate crash is, says Cash offer programs.
You still finance a purchase with a regular mortgage, but the cash offer company agrees to purchase the home on your behalf before the home loan has closed. You then buy the home back from the mortgage company. Once your mortgage is final, some programs agree to purchase the home on your behalf only if the loan isn’t a done deal by a certain date. Either way, with cash guarantee, the seller is assured of getting their money on time.
Now, what I just explained to you, eliminates. Please understand, this eliminates. Most real estate agents have zero clue this loan even exists. The buyers don’t even tell them they don’t need to know it. They have no clue. All they care about is selling you a house and getting a commission. Now, I’m going to share with you what my insider said. He buys homes in massive quantities, 500 to 1000 at a time.
Or actually, no, I’m going to say this clearly. The insider is not the one buying homes. The insider is the one that knows the people and the fund managers and the big money that are doing this. They’re buying up homes in big swaths from developers, and then they’re selling them to funds, massive pension funds. And what are happening is, let’s say they set a price at $700,000 a house.
They agree that during the closing process, 15%, 10%, 20%, whatever the percentage is agreed upon, will come back in the process of closing those homes to the buyer. You could call it fees, you could call it whatever the price of the home is recorded at the 700 grand. But that’s not what they were purchased for in bulk. This keeps the illusion of the home prices being worth something.
You are going to watch this go down in history as one of the big, greatest schemes in real estate ever. And I believe it comes out in about a year and a half, two years after this crash is wiped out. And Dave Ramsey has to admit the truth, or Mister wonderful, or Barbara Corcoran, or any of those other talking heads. What you must understand is what else is happening behind the scene.
And this person told me I could tell them, but I’m not. I’m still gonna keep. I want to keep their identity secret. But they were. They told me to tell what home company. But I don’t want to oust him because I want him bringing me more information. They were touring all of these amazing developments the other day, and one of the developers said to another developer, we can’t move any product at all.
What about you? And they said, well, you’ve got to build that sense of urgency. So what we’re doing to psych people out is we’re putting sold signs on half of our homes that are not sold. They’re totally vacant. And we’re causing that urgency. Now, you know that I’ve been spending time going from developer to developer getting information on all the deals they’re giving, right? And in one breath they’re telling me, we’re gonna give you $50,000 in upgrades, free upgrades.
We’re going to give you a buyout. We’re going to buy down your rate if you use our lender. We’re going to do all these things. But in the same sense, all these homes are sold. They’re not. They’re trying to build that urgency. It’s a sales technique. It’s marketing. I told someone the other day that I want to get this information out to the masses. And the only way I could get it out is to.
And get people to actually do something is you got to have skin in the game. I can’t overcharge. I just can’t do it. That’s why you always see those sales. I want you to have the tools to succeed. But the truth is, it’s totally up to you. It’s going to be a really awkward YouTube channel when I’m out buying up 100 homes and everybody’s lost their job. I honestly, quite frankly, want a million people alongside of me that learned the lessons, became educated, and not through our traditional system, and went out and destroyed it and crushed it.
And we lead amazing lives because we can now have the finances to go help tons of people, but not by giving them money, by teaching them how to make their own money. So the choice is yours. I’m gonna put some links down below 80% off the course. You know, I haven’t sold that course in a long time. It’s how to prepare for the real estate crash course. If in 14 days you have watched less than 50% of the videos ago, now, this isn’t gonna change my life.
You can have your money back. That’s my promise to you. But you know what’s crazy? The company I work with says you have the lowest return rate ever. Like, because they’re. They’re learning. That’s what I. My promise is to you I promise to wake you up, open your eyes, and get you ready for this crash that’s already started. Home prices nationally are down 8%. I don’t care what the mainstream media tells you, they’re lying.
And the cool thing is, we’ve got all those videos now of my timestamps, and about 90% of them have come true already. Are you ready for the last one? That’s why sells pitch links down below. The economic ninja is out. .