WWW.CASHFLOWEXPERTS.BIZ Thomas Kish - President 612-251-9830 How To Beat The System In Real Estate Investing.
The easiest place I have found to get cash for real estate investing is by using business lines of credit. Business credit cards are the most common way banks offer your business a line of credit. And business credit cards do not harm your personal credit score because the loan is never in your name. The loan is always reported under the business id number NOT your social security number.
You don’t even have to have good credit to get these business loans!
Many people can’t imagine buying real estate with a business credit card. They can’t picture getting a $20,000 cash advance from the card and using it as a down payment to buy a duplex.
What about the interest on the card your thinking. It might be 15% per year!
My students have learned how to buy property that has an annual cash on cash return of 20% per year. They also get tax deductions for owning the real estate that will reduce their tax bill at the end of the year.
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And the house is getting paid off each month as the tenant’s rents pay off the principal and interest on the loan.
Those tenants are buying you a house each month they pay the rent!
This is the ultimate no money down real estate deal, because you are using someone else’s money NOT YOURS.
Now the trick is to get the cash from the business credit card without paying the outrageously high cash advance rates of interest most business cards charge.
I teach my students how to avoid the cash advance rates of interest by setting up a business name that beats this system. And then they use the business credit card to advance money to their business instead of themselves personally.
To learn more about how to beat the SYSTEM.
VISIT OUR WEBSITE www.CashFlowExperts.Biz and check out our special tele-seminars on how to beat the system and buy great real estate that will make you rich, without using any of your own money. Or call us at 612-251-9830.
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