How much ROI is good enough.
How much ROI is good enough.
I tell clients to use business lines of credit to pay off personal debt so they can improve their credit score.
Kelly nolen (realtx429@yahoo.com)
My clients often ask me - if I am using business lines of credit and business credit cards to invest in real estate or pay my personal bills - how do I make the payments on those business lines of credit while I am waiting for my real estate profits to arrive.
Well, here is an example -
I take a $50,000 cash advance from one of the many lines of credit I get using my Ultimate real estate investor‘s system which can be found at:
www.cashflowexperts.biz/ultimate
Then I deposit that cash into a checking account.
I use another $100,000 business line of credit to pay off my personal credit card debt.
Every month I use a few hundred dollars of the $50,000 balance in my checking account to make the monthly payments on my other line of business credit.
If I pay off my personal debt - my credit score goes way up and it becomes easy to make more money as a real estate investor.
So in this real life example - you can see that I never need any of my own money to do this.
That is why I call this amazing investing system The Ultimate Real Estate Investors guide.
Because I am the only real estate investing expert that has created a trademarked system for getting unsecured business lines of credit to buy, rehab and flip property for a big profit!
You need to learn the new investing techniques that I can share with you in The Ultimate Real Estate Guide!
You don’t need income, home equity or great credit to get up to $200,000 for real estate investing if you follow my simple 4 step system.
Look at how I help you get up to $200,000 at,
www.cashflowexperts.biz/ultimate
Here is a great example -
If you had a $30,000 cash down payment saved up to buy a good real estate deal - here is what the profit might look like if you bought it like a traditional cash buyer.
Lets assume that you held it and sold it in 4 month. Here are some normal expenses.
$2500 Conventional Mortgage interest.
$500 Misc. exp. Like utilities and lawn care.
$7000 Rehab cost for paint, carpet, Landscape, Etc.
——————–
$10,000 in expenses.
$25,000 typical profits on a rehab and flip.
——————-
$15,000 net profit
If your short the $30,000 down payment it takes to buy a good real estate deal and you take that cash off a line of credit with an interest rate of 15% - what is the cost of that money? About $2250 interest on a $30,000 business line of credit
Lets use the same assumption that you held it and sold it in 4 month. Here are all your expenses when you use a business line of credit to invest in real estate.
$2250 interest on a $30,000 business line of credit that gave you the down payment money.
$2500 Conventional Mortgage interest.
$500 Misc. exp. Like utilities and lawn care.
$7000 Rehab cost for paint, carpet, Landscape, Etc.
——————–
$12,250 in expenses.
$25,000 typical profits on a rehab and flip.
——————–
$12,500 net profit
That is ONLY an additional $2250 in expenses to buy real estate the ULTIMATE way.
So if you do not have the CASH right now to do this deal you would be out of luck and miss out on $12,500 in profits!
Learn all about The Ultimate Real Estate Investing Guide at,
www.cashflowexperts.biz/ultimate
Gene (genetermite@aol.com)
