Low and no interest capital for investment purposes
When it comes to the value of your dollars in today’s economy or any other time your ability to purchase, return income on your investment has been something that eluded many would be great entrepreneurs and investors. The lack of resources to keep the fire slowly going while your momentum builds from prospecting new business.
Your resources need to include a healthy amount of low interest credit cards? Investor friendly, affordable, cost effective lines of credit can work in your favor for quick asset acquisition and capital risk loss offset with short term opportunity for profitable gain.
These cards are no investment capital cost because you waive out the bank processing fees and brokerage fees plus the additional costs of a typical real estate loan. You can make acquisitions and flip them for profit without the associated fees. The convenience of liquid capital ready to buy up business opportunity, real estate, stocks, gems, collectibles etc…
Credit card companies with a business mind sense. Larger companies with stabilized reputations, the major corporations with deep pockets. Not the way most customers are used to obtaining and using credit cards. These are platinum, executive, high quality, and priority customer, platinum customer service level credit cards.
Why stay imprisoned to high interest rates, annual fees, low limits for accessibility. Realistically if you had 2, 3, 4 or more lines of credit equal to 1 time, 2 times, or even 100 times your normal gross income amounts. Think of the access for purchasing power, you could literally pick up tens or even hundreds of thousands of dollars for purchasing power and buy at 10%, 25%, 50% even 80% on the dollar.
This isn’t a unrealistic goal, why not improve your credit to the point where you don’t have to be associated with less than quality lines of credit, not just from credit cards, why not have accessible lines from a bank account, personal credit lines, equity lines and a combination of other tools to leverage the purchasing power, rate of acquisition, velocity of growth and turbo charge your future security.
Remember to always read the fine print on your credit applications,on the phone listen carefully and take notes if you have any questions. Ask plenty of questions to keep the sales person engaged, listen for quality in the knowledge and presentation skills make sure you are clear in the communication.
Amassing credit is one of many routes that can contribute to abundance, financial security, healthy and quality living you have to be sure to take care not to abuse the power you have created. Many people fall victim to the consumer mentality to spend foolishly because you have create more. Especially with credit comes the burden of debt.
You need to have an exit strategy for clearing the debt, removing the risk of accruing interest, this is where having multiple lines of credit to flip the debt before accruing debt. Once the debt has reached the last transfer point as the rule “what goes up, must come down”; I say “what starts as risk, must finish as ’success.”
Meaning by the time you start the project you had better have several exit strategies which will become second nature, you need to know the finish of the game before you play. PLAY TO WIN! Don’t be foolish. If you don’t have the cash to pay the mortgage payment you need to arrange enough credit lines to cover you for several months while you find the tenant or buyer, or find a way to create enough cash flow so that when you reach the last transfer station you can reach into the bank account that covers the credit cards and BAM! Pay off the debt, interest free and know when the next payment hits that line of credit you can cover the payoff over and over again.
From credit-less to wealthy success can take a bit of time, don’t give up hastily stick to the course. If you need immediate assistance contact a professional who can guide you. Use a notable, reputable nation company to handle your credit report errors, use a debt consolidation program or service. If your not in financial trouble but want to reduce your debt use a program to eliminate your debt by reallocating the payment structure within your budget.
As my mentor and friend Robert G. Allen taught me some time ago, There are four mountains to creating wealth, real estate, investing, info-preneuring, marketing mountains these huge mountains of wealth are your ticket to create the financial freedom of your hearts desire.
I understand that this is a straightforward approach to abundance; yet within these chasms, there are many varieties of choices to make, for example what area of real estate will you be invest in, what area of investment stocks, cds, bonds, precious metal…?
Back to my mentor he teaches no money, no credit techniques. It can be done, no money means simply other resources, OPM (other peoples money, credit etc.), Your own resources IRAs, Assets, Business… Yes these can be done I have performed a few myself, if you aren’t careful you can lose so preparation and due diligence.
I am to trying to debate here I want to shed some light on the subject, It’s always faster to create wealth when you have your own money. Yes you always will need outside resources, banks, private investors or asset mergers. How do you find them well you have to be proactive in your research to find alliances you can rely on.
Banks are conservative and need the proof,investors want to see the profit and loss, banks want you to be the perfect model for their money. Where do you want to be? I know of a company that charges very high interest rates and point structures, they are private commercial money and can fund very quickly, $100,000,000 in 10 or less after loan commitment has been reached.
Sure there is a risk factor to any type of transaction, credit, investment, heck even waking up and getting dressed for work can be a risk you just never know. However we can shield ourselves from most of life’s inconveniences y building a hedge of funds for you and your family.
Money is not the solution for every one of life’s curve balls yet when the time comes that it is the right answer to help with an area of life that needs attention from an unsuspected event you can rest assured that it can be handled. Never ever weigh so much emphasis on money that you forget about the simple pleasures of life. Family, friends, good times no matter where you are in your life.
CASE and POINT – I can remember when my wife and I were homeless, living out in the streets, we made friends with a couple who were also down on our luck, they invited my wife and I camping. We were pretty weird-ed out at the fact that these people we just met were asking us to go camping.
Yet even the concern and awkwardness we felt we decided to go ahead, my wife and I talked it over and it was the best point of our lowest summer. We are still friends with the couple and all parties are off the streets and living well. My point here is the simple pleasures, my wife and I had been down and depressed, this camping trip renewed our relationship with my children, our inspiration was recharged, our life was beginning to change.
If I can do it so can you take the time to right those areas in life that need attention family, friends, capital and wealth acquisition and protection that you can depend on. Then and only then you can rest assured that no matter what in life goes on you’ve got it covered.
Low and no interest credit cards are as I stated earlier a quick way to acquire more purchasing power. They will also allow you more purchasing power through the banking systems as a secondary perk. As you remember credit scores are based on several factors primarily used to available credit ratios. Suddenly you have a chain of events.
-
credit application and credit report inquiry – score hit drops slightly (in most cases)
-
credit approved or denied (denied score drops a bit more and an issuance of credit decline is mailed) OR
-
credit approval, credit limit, rate and access adjusted (score stays steady then in 2 months score climbs at rate depending on amount available.
-
You maintain the credit rules you receive a newer perk and that is extended credit lines for free and new banking relationships.
It’s the ultimate win win situation. Go on get busy working on your brighter credit enhanced future.
Related Posts - Is your time “too important to run mundane errands? Just outsource then...”. Virtual assistants are popping up everywhere and handling tasks all over the spectrum. Outsourcing is the wave of the future from office assistants, gift getting, date scheduling and a variety of other tasks that would normally eat up our valuable work day hours. A simple task of scheduling an......
- Twitter me this "What's in it for me if I choose you for business" Recently I read a twitter post that triggered some deep profound thought on my part [especially since it was 2:10 in the morning and I had been up for some 19 1/2 hours. I was happily digging my way around and starting to follow some new twitter folks when this......
- Are credit repair companies really necessary to your credit restoration I must get asked this question about 100 times per month about credit restoration companies and if their validity and ethics are a sound proven way to fix their credit issues. While I always advise my clients that yes when erroneous data appears on their credit they have the ability......
- Stand together and unite for wealth, strength and unity We all have our pre conceived notions as well as our reservations towards introducing new people into our lives. Having worked with hundreds of people and charting courses of financial needs and desires, I've come to the conclusion that for the people who are willing to take a chance and......
- Back In The Business of real Estate and Mortgages To my loyal readers I have made the switch to add mortgage and real estate services back into the mix of products I provide. I am still very much into the land banking business. As a real estate investment coach it is imperative that I take advantages of the current......
Related Websites - Real Estate Investing - How I process investing advice or any advice for that matter Well....I am finally back home and trying to catch up from vacation....my email box is loaded and my voice mail is hungover.....both begging for attention.....I will get to it later. There is so much media and talk about our economy....that it is difficult not to doubt one's investing strategy...especially as......
- Commercial Real Estate Investing For Beginners: You Bought a Course From A Real Estate Guru? What the HECK did I just buy from that fast talking clown? Will This Real Estate Investing Course Work For Me? Emily Cressey Real Estate Investor and Coach When you're just getting started in real estate investing, it's easy to get caught up chasing big dreams and money. Especially......
- Real Estate Investments - Good Idea or Bad Idea? Right now, if there was a market that had bad news written all over it, it would be real estate. The housing crisis has made investors jumpy, the economy appears to be tanking and home values are plummeting across the country. Would you believe that this is actually a good......
- market correction madness! With all of the major indices â the Dow, the S&P 500, NASDAQ â off 10 percent from their 2007 highs, we are by definition in the midst of a market correction. Individual companies continue to announce frightening news stories: Countrywide: Tapping their line of credit for more than $11......
- Commercial Real Estate Investing: Vulture Investing [/caption] Greetings from Sacramento, CA! I am up here visiting my friends for a mastermind with a very distinguished crowd. I am not sure why I was invited but...I am glad I was and I hope they invite me again. Needless to say, I learned a lot and realized......
