rob.s.simon
10K posts
rob.s.simon
@rob_s_simon
World's Foremost Expert on DSCR Loans Buy My Book: https://t.co/bBHISRbtql Companies: @HarpoonCapital @GAMhospitality ⚓️⬇️
Austin, TX Katılım Şubat 2022
1.3K Takip Edilen47.1K Takipçiler
The housing market isn't frozen.
It's repricing.
Those are very different things.
Frozen means nothing is happening.
Repricing means buyers and sellers are slowly discovering reality.
Reality tends to win.
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I was hired by Google in 2011
It was a BIG deal back then to be able to come to work in jeans & a t shirt, when every other W2 job that paid $100K+ required you to play dress up
It’s INSANE to think just a decade later, the thought of showing up to an office would disgust me
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@jonbrooks is this hallucinated AI slop "data' or did you make it up yourself?
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The DSCR loan market is breaking. Almost nobody sees it yet.
This was the leverage loophole of the cycle.
Normal people were allowed to take out 5, 10, even 50+ investor loans with minimal verification based on projected rental income, not real affordability.
Now the math is failing.
• 50% of DSCR loans originated in 2024 reportedly fell below traditional lending standards
• In 2026, roughly half are no longer cash-flowing enough to cover debt payments
• Many owners can’t sell because of massive prepayment penalties and origination fee structures
• Millions of properties were bought assuming endless Airbnb demand + permanently low rates
The average DSCR borrower reportedly holds 5 properties.
This is what happens when an entire asset class is built on:
Cheap debt
Appreciation assumptions
Short-term rental projections
Refinance exits
The problem?
We no longer live in that economy.
The next phase of housing stress may not start with homeowners.
It starts with overleveraged investors.
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Nobody realizes the pain coming to DSCR loan market. This is a leveraged loan market that allowed normal people to take out tens to hundreds of loans each to buy homes for $ABNB with little to no downpayment needed.
50% of existing loans scores fell under lending standards in 2024. YTD in 2026, 50% of DSCR are now under water meaning they can’t produce the revenue to cover loan payment. The properties can’t easily be sold because 5% originating loan cost penalties exist for early repayment of loans.
3 million DSCR loans now exist in America for residential properties used for AirBnB rentals and long term rentals. 1.5 million under water. The average DSCR property owner holds 5 loans on 5 different properties.
Default rates already jumped from 2% to 3% this year and taking off exponentially.
People don’t understand what’s coming. Far worse the mortgage crisis of 2007-11.
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@rdd147 made up AI Slop? where are you even getting this? what is "quadrupled since mid-2022" like .5% to 2%?
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DSCR loan serious delinquencies have nearly quadrupled since mid-2022 and now run roughly 4x conventional mortgage rates.
Over $44 billion in DSCR loans originated in 2022 alone are now hitting peak default risk as the loans reprice and rents flatten.
Q1 2026 foreclosure filings hit 118,727 (+26% YoY) and REO completions surged 45% YoY, the highest midyear pace since 2014.
Investor foreclosures cluster in Sun Belt oversupply markets like Phoenix, Austin, Dallas, Atlanta, Memphis, Jacksonville, and Tampa.
These deals close faster than homeowner foreclosures because the seller is an LLC investor with no emotional attachment to the property.
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@SinaiLawFirm Doesn't he say at the end that "he makes $25k" (i.e. the discount, not the client)?
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The responses to this, my god
Where is the client advocacy? You have leverage and not using it?
Why are brokers more concerned over their reputation (LOL) than getting their client a discount?
A lot of fat cats out there we need a correction
Jacob Naviaux@Jacob_Naviaux
Fixer upper gets listed for $250k. I offer $180k with 3% commission — I’m a licensed agent and my company is the buyer. Plan is to wholesale it for $190k. Needs $75k in work and will be worth $320k after repairs. Listing agent says too low. 4 weeks later our CRM notifies me the list price dropped to $225k. I follow up. Agent still says $180k is too low. Another month goes by. CRM notifies me again — price drops to $210k. I follow up. Agent says they think it’ll work. I draft the offer, send it over, and it gets accepted. We price the deal at $190k and sell it — signed contract and EMD in hand. While we’re still in DD, I tell the agent my buyer needs a $20k price reduction to move forward, but they’re ready to wire EM and waive the rest of DD. Seller meets us halfway. Price drops to $170k. We make $25k. That’s the exact play we run wholesaling MLS properties.
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rob.s.simon retweetledi
Back in 2010s it was actually "clout" to say you worked at a top firm (Goldman, Facebook etc.)
Now? All the rich people are just small business owners, online/real estate whatever.
People who don't adapt will be living frugal lifestyles by 2035
The Real Estate God@TheRealEstateG6
People are still discussing jobs on here like it’s 2015 That era is over. A decent house in a nice neighborhood is $2 million. Monthly expenses for a very standard lifestyle with a family are $20k If you want any sort of luxury lifestyle, it's own a business or bust
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Will be the top for rates - bookmark this 📖
Watcher.Guru@WatcherGuru
BREAKING: 🇺🇸 Jerome Powell officially steps down after 8 years as Federal Reserve Chair.
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Sarah Fuller broke barriers in college football and went viral overnight. The NIL era started seven months too late for her to capitalize on it…
Now she’s at NOCAP Sports making sure every athlete gets their moment.
In November 2020, Sarah became the first woman to play and score in a Power Five football game. Her following went from 1,400 to 200,000 in a matter of days. Brands came calling. The opportunities were real. She couldn’t take a single one.
“I broke barriers in college football, went viral, and watched brands reach out in real time with opportunities I had to turn away or risk losing my scholarship,” she said.
That experience didn’t just shape her perspective. It rerouted her career.
Fast forward to 2026. Sarah is speaking at the New York Stock Exchange about the athlete economy, sitting on panels about the Future of Women’s Sports, and showing up on ESPN College GameDay at Vanderbilt five years after she first made history there.
Today Sarah is Chief Athlete Officer at NOCAP Sports, overseeing our athlete activation team and building sustainable ways to get athletes paid.
She lobbies on behalf of athletes, builds brand partnerships, and works every day to make sure the window stays open for the people coming after her.
She knows what it costs to miss the moment. That’s exactly why she’s the right person building what comes next at NOCAP👏 @_Sarah_Fuller
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rob.s.simon retweetledi
💵Just Funded💵💵$565,000 DSCR Loan on a Short Term Rental investment property in beautiful Lake Ozark, Missouri! Another great "Airbnbrrrr" financing by the best in the business, @EdelmanLending! Qualified with TTM Actuals, lowers the rate and locks in 30-yr fixed rate mortgage
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rob.s.simon retweetledi
💵Just Funded💵$675,000 Cash-Out Refinance 🏖️AirBnBRRRR🧊 DSCR STR Loan on a short term rental in Narrowsburg, New York. Got a short term rental (STR) in need of financing ? Piece of cake 🎂for @EdelmanLending ! Super-successful East Hudson airbnb
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rob.s.simon retweetledi
@EliDrinkwitz @GrahamCoffeyDC “Dork” you own and operate a twitter account worshipping mediocre college sports guys lmao
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@rob_s_simon @GrahamCoffeyDC Bad sportsmanship 😂😂😂ok dork
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If this was really a HR and the Mizzou RF just said screw it and put his hands up to pretend it was a ground-rule double then this is one of the most galaxy brain moves in the history of sports
Just the possibility of it has raised my opinion of the Univ of Missouri by like 15%
11Point7 College Baseball@11point7
THIS IS WILD. Vanderbilt hit, according to them a go ahead HR, according to Mizzou a ground-rule double. According to the trackman data, it was a HR, but umpires after review rule it a ground rule double. Game suspended, to be resumed tomorrow.
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