One of Aunty's favorite quotes is: Life can only be understood backwards, but must be lived forwards. (Soren Kierkegaard) To wit, there are moments in history that come upon us as surprises, but after they occur, we get a different perspective looking back and thus realize that the outcomes were predictable because of what happened prior to. The crash of 2008 A good example of this was what led to the hou ...Read more ›
Financing is another word for leverage. Leverage is using more than just your own resources or strength in order to achieve greater results. Learn to use financing to your advantage so that you can grow faster, safer, and wiser.
I am learning about obtaining business credit. This is important to me because currently our action plan to keep buying properties has hit a small road block. The original plan was to purchase a Vegas property in cash (cash is king), cash out refinance the property to get the cash back out, and buy another property. This was to be repeated as many times as possible until the cash supply dries up. The prob ...Read more ›
Aunty was in a major pickle. Major. I didn't even want to tell Uncle about it because he might get mad and make me cut up all my credit cards. See, pal Cookie called to let me know about Wells Fargo's stream line loans that refinance at today's lower interest rates with zero points and $650 closing costs (that's a great deal). Aunty was in the beginning phase of talking to Kim, one of their loan officers ...Read more ›
The #1 response I hear that hold people back from investing is, "But I don't have any money!" Robert Kiyosaki says money is a tool. Can you agree with that? If you can, then what would you do if you needed to do a job and you didn't have the right tools to accomplish that job? You find a way to get it so you can do the job. Same as money. Find a way to get it (legally). We all have unique situations a ...Read more ›
Thanks to my latest "find" - KungFuFinance.com - I learned about a company that will give you your credit score for free, without having to input a credit card. Most other offers are "free" but only for the first 30 days, and then you start getting a charge on your credit card that you must call to cancel. The company is called CreditKarma.com. Great site. You do need to put in your real information such ...Read more ›