V-Man and Barko Podcast | 005 | Collins Bonnema - Kale Realty

In Episode 005, V-Man and Barko break down what's really happening with mortgage rates, decode the national average everyone keeps quoting, and introduce two hot new loan products, including an IHDA down payment assistance credit now up to $15,000. Then real estate investor and agent Collins Bonnema of Kale Realty joins to talk house flipping in the southwest suburbs, building a rental portfolio near UIC, long-term wealth strategy, and, yes a 1996 Daihatsu Hijet mini truck imported directly from Japan.0:00 → Welcome & Mortgage Rate Update: The 10-Year Treasury Drops Below 4%1:57 → What the 5.99% National Average Actually Includes (And What It Doesn't)2:41 → The Factors That Really Determine YOUR Rate: Credit Score, DTI & Loan-to-Value3:48 → Why Condo Rates Are Higher Than Single-Family Home Rates4:23 → New Loan Products: The Physician's Loan Explained5:15 → IHDA Down Payment Assistance: Now Up to $15,000 for Illinois Buyers6:33 → Upcoming Event: Mount Carmel vs. Brother Rice Baseball at Wrigley Field, April 23rd!8:29 → Cubs Connection: John Mallee, Mount Carmel Grad & Cubs Hitting Coach8:51 → Guest Introduction: Collins Bonnema, Real Estate Agent & Investor, Kale Realty9:24 → Collins' Origin Story: Dad's Basement to His First Two-Flat9:53 → House Flipping 101: Why Location Is Everything (Especially in the SW Suburbs)11:18 → Resources for First-Time Real Estate Investors (BiggerPockets & More)13:08 → Hidden Costs & Hard Lessons: Crawl Spaces, Inspectors & the Unknowns15:09 → Building Long-Term Wealth: The Buy & Hold Strategy15:32 → Why Collins Targets the UIC Area for His Rental Portfolio18:11 → The Kei Truck Story: Importing a 1996 Daihatsu Hijet from Japan22:30 → Wrap-Up & How to Connect with Collins Bonnemahttps://www.vmanandbarko.com/https://www.instagram.com/collinsbonnema/A and N Mortgage Services, Inc. is an Illinois Residential Mortgage Licensee and Equal Housing Lender. 1945 N. Elston Ave. Chicago, IL 60642 p: 773.305.LOAN (5626) www.anmtg.com NMLS # 19291 IL MB.0006638. Serving: IL, IA, IN, FL, MI, MN, TX, WITHIS IS AN ADVERTISEMENT. This is not a commitment to lend. A and N Mortgage Services, Inc. 1945 N. Elston Ave. Chicago, IL 60642. p: 773.305.LOAN (5626) ANmtg.com NMLS No. 19291. Serving AL, AZ, CA, CO, FL, IA, IL, IN, KS, MA, MI, MN, MT, NC, OH, SC, TN, TX, WA, WI. California: Licensed by the California Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. Colorado: Regulated by the Division of Real Estate. Illinois Residential Mortgage Licensee. IL MB.0006638. Texas Recovery Fund Notice. TX- SML Approved. For licensing information and for Texas consumers to file a complaint, go to: www.anmtg.com/licensing/ and www.nmlsconsumeraccess.org. Some restrictions may apply. Programs subject to change without notice. Offer of credit Brian Barkowski NMLS No.1623815 | Mike Vlamis NMLS No. 1673632