Low and no interest capital for investment purposes
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
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 - 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......
- You can purchase an investment with a credit card 5 things to watch as you invest this way We have all heard the term leverage used when it comes to real estate and investing. Leverage the equity, leverage some one else for their skills and talents or their credit and financial stability. Have you ever heard the term leverage the credit card for making real estate purchases? I......
- Changes in your credit score and what they mean to you You've heard the news about the changes in credit scores and the impacts of these changes are yet to unfold. You can rest assured that this is the first step in major changes in banking reform on both the business and deposit account holders end. Tighter financial requirements on the......
- Wanting to invest into real estate but your afraid of losing your employment More and more people are fearful of job loss with unemployment rates reaching new highs 11.5% unemployed rate it's no wonder people are holding back. We have not seen an unemployment rate this high since 1941 during WW2. You want to take advantage of today's great low real estate prices......
- Capitalizing on the real estate market with social media If you've been on the Internet for more than 15 minutes it's not doubt that you have been exposed to numerous websites that use and leverage the social media such as myspace. Facebook, twitter, youtube and countless others of websites using the “web 2.0” technology. It's one of the hottest......
Related Websites - Ben Stein Not Hot On Real Estate Here's an excerpt from Ben Stein's column about why he thinks real estate isn't such a great investment.That means the house has kept up with inflation -- barely.In fact, when I do the math, I realize that it hasn't fully kept up with inflation. Plus, the owner would have had......
- Networking Brings Value at Real Estate Investment Clubs [/caption] Real estate investment clubs are an invaluable resource for investors of all experience levels. Whether it is finding a seasoned professional in the area to be a mentor or forging partnerships for future opportunities, real estate investment clubs offer a low cost opportunity to build substantial and lucrative contacts.......
- 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......
- Commercial Real Estate Investing Courses Reviewed - Wright Thurston [/caption] Product and Seminar Product Review: Diamonds in the Rough by Wright Thurston First of all, if anyone wants to buy this course from me, make me an offer. I paid about $800 for it at one of those hype filled pitch-fests they like to call real estate investment......
- Untapped Riches: Never Pay Off Your Mortgage--and Other Surprising Secrets for Building Wealth by Susan Cutaia, Anthony Cutaia and Robert Slater On the surface, this book seemed like the ideal read. It has a strong premise of how to create multiple streams of income using debt leverage. That is a great premise and one that we follow and put into practice every day. It was such a disappointment that this book......


