Get in the Cashflow Game with K&K | A Podcast for Real Estate Investors, Lenders & Entrepreneurs

Hosted by Krystle Simpson and Kenny Simpson

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254

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Oct 2026

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EN-US

About the show

From Property Management, Commercial Lending, Residential Lending, we have a lot of insights on life, and have met a lot of incredible people along the way. This Podcasts features Krystle Simpson, a commercial lender, along with Kenny Simpson, a residential lender. This Podcasts will feature a series of guests who have been influential along our way to success, currently and future wise on topics such as: Real Estate, Business, Personal, Lifestyle, including Fitness and Health. Our Podcast series, “Get in the Cashflow Game with K&K” can be found on iTunes and Spotify.

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October 28, 202617 min

Is AI the Real Reason Mortgage Rates Are So High?

Could artificial intelligence be one of the reasons mortgage rates are staying high? And what happens to interest rates if the AI boom starts slowing down? Most people watch inflation, the Federal Reserve, employment reports, and the economy to understand where mortgage rates are headed. But there's another factor worth watching: AI investment. In this week's episode of The Brief , Kenny Simpson breaks down how massive spending on artificial intelligence, data centers, and technology infrastructure could be influencing capital markets, Treasury yields, and ultimately mortgage rates. And there's a second side to the story. If AI companies struggle to raise capital, face new regulations, or experience a slowdown, investors could shift money toward bonds and Treasuries, potentially putting downward pressure on interest rates. In this episode, we cover: How AI investment could affect mortgage rates Why tech companies are raising billions for AI infrastructure The relationship between investor demand, bonds, and Treasury yields Why AI-related borrowing could put upward pressure on rates What could happen if AI investment slows How AI regulation could influence financial markets The potential impact of AI on employment and economic growth Why an AI market correction could affect mortgage rates What the Federal Reserve may watch as the economy changes Why mortgage rates could move in either direction Could an AI slowdown actually help mortgage rates? Kenny explores several scenarios in which investors may become more cautious about AI investments and move capital toward safer assets, potentially lowering Treasury yields. But the opposite is also possible. If AI investment continues expanding rapidly, strong demand for financing could contribute to continued pressure on borrowing costs. AI is not the only factor driving mortgage rates. Inflation, employment, economic growth, Federal Reserve policy, and global events still matter. The key is understanding how these forces interact and what they could mean for homebuyers, homeowners, and real estate investors. Kenny Simpson is a mortgage advisor specializing in 1–4 unit residential financing, with over 20 years of experience, more than 5,000 clients helped, and billions of dollars in loans funded. Through The Brief, Kenny shares insights on mortgage rates, real estate investing, financing strategies, and the housing market. 🌐 Website: www.simpson-team.com 📲 Instagram: @kennybsimpson 🎧 Spotify: Get In The Cashflow Game Thinking about buying, doing a refi, or investing in real estate? Reach out to Kenny Simpson and The Simpson Team to explore your financing options. 📩 Want The Brief delivered straight to your inbox? Subscribe to our newsletter for weekly mortgage, real estate, and market insights. 🔔 Subscribe to our YouTube channel for more episodes of The Brief. #mortgagerates #artificialintelligence #housingmarket #realestate #ai

October 21, 202617 min

How Smart Buyers Are Getting HUGE Deals in This Housing Market

Mortgage rates are elevated, affordability remains a challenge, and more sellers are reducing their asking prices. But what does that mean for buyers and real estate investors looking for a deal? In this week's episode of The Brief , Kenny Simpson breaks down the latest housing market trends, mortgage rate pressures, and the specific strategies buyers can use to find opportunities in today's real estate market. In this episode, we cover: Why higher mortgage rates are putting pressure on the housing market What the 10-year Treasury means for mortgage rates Why the spread between Treasury yields and mortgage rates matters Housing inventory and new listing trends Why mortgage purchase applications are slowing What rising home price reductions mean for buyers How to identify motivated sellers Why homes sitting for 60, 90, or 120 days may present opportunities What multiple price cuts and failed escrows can tell you How to negotiate purchase prices and seller concessions Why pre-approval and the ability to close quickly can make a difference What could change the direction of mortgage rates Where are the opportunities? Kenny explains why some buyers are focusing on properties that have been sitting on the market, experienced multiple price reductions, or fallen out of escrow. For a motivated seller, a qualified buyer who can close quickly may be especially attractive. But the key isn't simply making a low offer. It's understanding the property, your financing, and what you can realistically afford. Should you wait for mortgage rates to fall? There's no guarantee when rates will come down. And if they do, increased buyer competition could change the negotiating environment. That's why Kenny encourages buyers to understand their numbers, get financially prepared, and keep watching for opportunities that make sense. Kenny Simpson is a mortgage advisor specializing in 1–4 unit residential financing, with over 20 years of experience, more than 5,000 clients helped, and billions of dollars in loans funded. Through The Brief, Kenny shares practical insights on mortgage rates, real estate investing, financing strategies, and the housing market. About Kenny Simpson

October 8, 202617 min

High Mortgage Rates Are Creating a HUGE Opportunity

Mortgage rates are rising, buyers are waiting, and sellers are feeling the pressure. But could this actually be one of the biggest opportunities in today's real estate market? In this week's episode of The Brief, Kenny Simpson breaks down what's happening in the housing market, why higher interest rates are creating challenges, and where prepared homebuyers and real estate investors may be finding opportunities. While many people are waiting for mortgage rates to fall, some buyers are taking a different approach: negotiating lower purchase prices, asking for seller concessions, and looking for properties that have been sitting on the market. In this episode, we cover: Why mortgage rates have risen and what could bring them back down How higher interest rates affect homebuyers and sellers Why some sellers are reducing their asking prices Where buyers may have more negotiating power How to approach low offers and seller concessions Why being pre-approved and ready to close matters What could happen if mortgage rates start falling Why waiting for lower rates could mean more competition The challenges facing real estate investors Kenny's personal experience with major real estate losses How to recognize opportunities without ignoring the risks The biggest takeaway? Not every property is a deal, and not every buyer should rush into the market. But if you're financially prepared and understand your local market, higher rates may create negotiating opportunities that weren't available when competition was stronger. Kenny also shares a more personal side of real estate investing, discussing losses he's experienced and why knowing when to walk away can be just as important as knowing when to buy. Whether you're a first-time homebuyer, experienced investor, or seller navigating a difficult market, this episode offers a perspective on today's real estate conditions. Thinking about buying, refinancing, or investing? Reach out to Kenny Simpson and The Simpson Team to discuss your financing options. Kenny Simpson is a mortgage advisor specializing in 1–4 unit residential financing. With over 20 years of experience and more than 5,000 clients helped, Kenny shares insights on mortgage rates, real estate investing, housing trends, and financing strategies. 🌐 Website: www.simpson-team.com 📲 Instagram: @kennybsimpson

September 30, 202612 min

They're Paying 9% On Purpose

Mortgage-holder equity hit a record $18 trillion in Q2 2026, with $11.7 trillion of it tappable. Homeowners pulled $205 billion last year — $116 billion through second liens alone, the largest second-lien volume since 2007. So why is anyone taking 8 or 9% money in a high-rate environment? Because the rate on the page is the least interesting number in the conversation. It's all relative. ⏱ CHAPTERS 0:00 - Nobody taking cash out is thinking about the rate 0:00 - $18 trillion in equity and why it's being tapped now 0:00 - "Why would I touch my 3% first?" (you wouldn't) 0:00 - When it DOES make sense to redo the first 0:00 - Every cash-out option: first, second, third 0:00 - Fourplex scenario: $500K second at 8.5% vs. combined DSCR 0:00 - HELOC vs. HELOAN — know which one you're getting 0:00 - Who's actually pulling cash right now, and why 0:00 - Commercial HELOCs 0:00 - 8-9% money and return on the other side 0:00 - Why sellers are selling (death, divorce, 1031, job moves) 0:00 - Rates, the 10-year, and being careful who you listen to 📋 IN THIS EPISODE - Cash-out first, cash-out second, and yes, third liens - HELOC (revolving, interest-only) vs. HELOAN (lump sum, P&I) - When combining first and second into one DSCR loan beats a standalone second - Non-QM paths: bank statement, P&L, asset depletion, DSCR - ADU builds, portfolio expansion, debt consolidation, business capital - Why the underwater number matters too — about 813,000 borrowers, up 44% year over year Sources: ICE Mortgage Monitor, August 2026 and March 2026 🏠 ABOUT THE BRIEF A weekly longform breakdown for California property owners and self-employed borrowers. New episode every week. Kenny Simpson | The Simpson Team | C2 Financial Corporation 20+ years, 5,000+ clients, billions funded. 1-4 unit financing — bank statement, DSCR, jumbo and ADU across CA, AZ, OR, FL and TN. 📞 Run your scenario: [CALENDLY LINK] 🏢 Commercial and 5+ units — Krystle at Pacific Shore Capital: [LINK] 🌐 [SITE]/the-brief/ DISCLAIMER: General information only. Not a commitment to lend, not investment, tax or financial advice. Rates, terms and qualification are subject to underwriting approval and market conditions. Any discussion of rate movement is opinion, not a forecast or guarantee. Kenny Simpson | C2 Financial Corporation | NMLS #310335 Equal Housing Opportunity. #CashOutRefinance #HELOC #DSCR #RealEstateInvesting

September 16, 202610 min

As of August 2026 Condo Financing Will Never Be The Same

On August 3, 2026, Fannie Mae and Freddie Mac retired Limited Review. Everycondo loan in a project over 10 units now runs a Full Review of the HOA'sfinances. And on January 4, 2027, the minimum reserve allocation jumps from10% to 15%.You used to worry about whether YOU qualified. Now your condo has to qualify too.Source: Fannie Mae Lender Letter LL-2026-03⏱ CHAPTERS 0:00 - 800 credit score, 20% down, denied 0:00 - The two dates that matter 0:00 - Limited Review is gone 0:00 - Reserves: 10% to 15% 0:00 - Why a reserve study isn't an escape hatch 0:00 - Critical repairs and deferred maintenance 0:00 - Special assessments: what lenders actually ask 0:00 - Insurance (this one's brutal in California) 0:00 - More paperwork, more delays 0:00 - The good news nobody's talking about 0:00 - If you already own a condo, watch this part 0:00 - What to ask for before you're deep in escrow📋 IN THIS EPISODE Why Limited Review mattered — roughly 40% of all condo project reviews, What the 10% to 15% reserve change does to HOA budgets and your dues The $10,000-per-unit critical repair threshold that makes a project Why a special assessment isn't automatically a denial — and what lenders What got EASIER: small projects under 10 units, and investor-heavy Why current owners with a 3% mortgage should care about their exit The documents to request before day 25 of escrow per the Community Associations Institute ineligible outright actually look at buildings now that the 50% concentration limit is retired🏠 ABOUT THE BRIEFA weekly longform breakdown for California property owners and self-employedborrowers. New episode every week.Kenny Simpson | The Simpson Team | C2 Financial Corporation20+ years, 5,000+ clients. Bank statement, DSCR, jumbo, ADU andnon-warrantable condo financing across CA, AZ, OR, FL and TN.📞 Condo under contract? Let's review the project first: [CALENDLY LINK]🌐 [SIMPSON TEAM SITE]/the-brief/DISCLAIMER: General information only. Not a commitment to lend, not legal orfinancial advice. Agency guidelines are subject to change — verify currentrequirements with your lender. Loan products, terms and qualification aresubject to underwriting approval.Kenny Simpson | C2 Financial Corporation | NMLS #310335 Equal Housing Opportunity. #CondoFinancing #FannieMae #RealEstate #SanDiegoRealEstate

September 9, 202612 min

Why California Homeowners Are Not Ready for This El Niño

NOAA's Climate Prediction Center now gives a 69% chance that this El Niñois the strongest since 1950 — and California property owners have about60 days to get ahead of it. I'm not a meteorologist. I'm a property ownerwho has managed over 1,000 units, and this is the exact checklist I'mrunning on my own properties before the first atmospheric river hits.The biggest threat to your property isn't El Niño. It's water goingsomewhere your property wasn't designed to handle.⏱ CHAPTERS0:00 - Why I'm making this in September, not December0:00 - What El Niño actually means (60 seconds)0:00 - The 1997-98 vs 2015-16 problem0:00 - Roof and gutters0:00 - Why the fifth storm is the dangerous one0:00 - Drainage and grading0:00 - Trees and retaining walls0:00 - The insurance conversation most owners get wrong0:00 - What to do this week📋 WHAT'S IN THIS VIDEO- What a very strong El Niño historically does to California rainfall- Why saturated ground makes later storms worse than the first- The contractor bottleneck that hits the week after the first big storm- Why standard homeowners insurance generally excludes flood- The four water scenarios to ask your insurance agent about by name: flood, mudflow/landslide, sewer backup, and water intrusion through the roof- The walk-your-property exercise I want you to do this weekend⚠️ ON FLOOD INSURANCENFIP flood policies generally carry a 30-day waiting period beforecoverage takes effect. Private flood carriers vary. Either way, buyingcoverage with a storm already offshore does not work. Confirm your ownpolicy terms with your insurance agent.🏠 ABOUT MEKenny Simpson - The Simpson Team | C2 Financial Corporation20+ years in mortgage, 5,000+ clients. I finance self-employed andhigh-net-worth borrowers in California, Arizona, Oregon, Florida andTennessee — bank statement, DSCR, jumbo and ADU. I also own and operatea four-unit short-term rental compound in La Jolla Shores, which is whyI'm running this checklist myself.📞 Talk to me about financing: 🌐 simpson-team.com📱 SUBSCRIBE for straight answers on financing property in California.DISCLAIMER: This video is general property maintenance and preparednessinformation based on my personal experience as a property owner. I am alicensed mortgage loan originator, not an insurance agent, contractor,engineer or meteorologist. Nothing here is insurance advice, a coveragerecommendation, or a guarantee of any weather outcome. Consult your ownlicensed insurance agent, contractor and qualified professionals aboutyour specific property. Forecast figures cited are from NOAA's ClimatePrediction Center as of August 2026 and are subject to change.Kenny Simpson | C2 Financial Corporation | NMLS #310335Equal Housing Opportunity.#ElNino2026 #CaliforniaRealEstate #SanDiegoRealEstate #PropertyManagement

September 2, 20269 min

The Government Got Inflation Wrong

What if inflation has been running lower than the number the Federal Reserve has been watching? Recent research and upcoming methodology changes suggest that certain categories within the PCE inflation measure may have been overstating inflation. And that matters because PCE is one of the key inflation measures the Federal Reserve watches when making decisions about interest rates. In this week’s The Brief , Kenny Simpson breaks down: • Why the inflation number may be overstated • The difference between PCE and CPI • What categories are creating the discrepancy • How portfolio management fees are being measured • How software and other services can affect the inflation calculation • What changes are being made to the methodology • How much core PCE could potentially change • Why this matters to the Federal Reserve • What it could mean for mortgage rates and interest rates Kenny discusses research from the Cleveland Fed, San Francisco Fed, Federal Reserve Board staff and others that has examined these measurement issues. But does this mean the Fed is suddenly going to start cutting rates? Not necessarily. There are still major factors affecting the rate outlook, including geopolitical uncertainty, the labor market, consumer spending, inflation and broader economic conditions. The bigger question is this: If inflation has been overstated, have interest rates been higher than they needed to be? Watch the full episode for Kenny’s breakdown.

August 26, 20269 min

Trump Wants Lower Rates. So Why Aren’t They Falling?

Why are mortgage rates still so high in 2026, even as President Trump pushes for lower interest rates? That’s the question a lot of buyers, homeowners, investors, and real estate professionals are asking right now. In this week’s The Brief , Kenny Simpson breaks down what’s actually keeping mortgage rates elevated and why the answer goes far beyond who is sitting in the White House. We cover: • Why Trump wants interest rates lower • Why presidents don't directly control mortgage rates • How the Iran conflict is affecting markets and inflation expectations • The impact of tariffs on rates • What the latest jobs and consumer numbers are telling us • Why slowing wage growth matters for inflation • What Kevin Warsh and Scott Bessent can actually do • Why mortgage rates could have room to fall • What needs to happen before we see meaningful rate relief Kenny’s view is that the underlying economic picture isn't particularly strong: the jobs market is struggling, the consumer is slowing, GDP is lukewarm, and inflation has not risen as much as feared. But continued uncertainty surrounding Iran is making it harder for markets and policymakers to move toward lower rates. There is some good news. Kenny explains that the spread between the 10-year Treasury and 30-year fixed mortgage rate has narrowed significantly. In his view, without that improvement, mortgage rates could currently be substantially higher. So when will mortgage rates finally come down? Watch the full episode for Kenny’s take on what needs to happen next.

August 19, 20267 min

7 ADU Mistakes That Could Cost You Thousands

Thinking about building an ADU? There are some expensive mistakes you need to understand before you start construction. After funding more than 100 deals involving ADUs, Kenny Simpson has seen what can go wrong, from appraisals and construction costs to refinancing problems and properties that don't produce the value owners expected. In this week's The Brief , Kenny breaks down 7 ADU landmines every homeowner and real estate investor should understand: 1. What are you actually building? Do the comps and rents support your plan? 2. What will it really cost? Spending $350,000 doesn't automatically add $350,000 in property value. 3. The appraisal ADUs can be difficult to value, and the wrong appraisal can create major problems. 4. Your takeout loan Don't assume you'll automatically be able to refinance and pull your construction money back out. 5. Selling the property The market may not value your finished project the way you expected. 6. Qualifying for financing DSCR, residential and commercial lenders can treat these properties very differently. 7. Your team The lender, loan officer, appraiser, agent, and other professionals you work with can make or break a complex ADU project. The biggest takeaway: do the research before you build. Understand the potential value, rents, appraisal, financing, refinance strategy, and exit plan before committing hundreds of thousands of dollars to an ADU project.

August 12, 20266 min

Fed Rate Hikes May Be Over: Here’s Why

The Federal Reserve may be running out of reasons to raise interest rates in 2026. The latest jobs report came in far weaker than expected, previous months were revised lower, and wage growth has slowed. At the same time, inflation isn't showing the kind of spike that would make another Fed rate hike easy to justify. In this week's The Brief , Kenny Simpson breaks down: • Why the latest jobs report matters • Why wage growth may be the number everyone is overlooking • What slowing wages mean for inflation • Rising auto, credit card, and student loan debt • Why consumer stress matters to the Fed • Why Fed rate hikes could be off the table • What would need to happen for rate cuts • What this could mean for mortgage rates and real estate Kenny's key point: if wage growth continues falling, the job market stays weak, consumers slow down, and inflation doesn't spike, it becomes increasingly difficult for the Fed to justify raising rates.