HOW TO BUY REAL ESTATE USING CREDIT CARDS (Creative Financing or Risky Business?)
Yes, it's true, there are financial education channels on YouTube teaching on how to invest in real estate by using credit cards. In today's episode, Matthew Pillmore, president of VIP Financial Education, breaks down one of these videos on how to buy real estate using credit cards to discover whether this is a creative financing technique or a way too risky business...
It is true that real estate can be powerful in building your cash flow and establishing what many refer to as passive income, so why not look into creative ways to finance? We at VIP do this all the time, however safety is a major deciding factor for us here - we take risk very seriously, especially considering what we expect to see in the near future - a downturn in the market. Matt takes a look at a video where folks are signing away power of attorney to a company so that the company can start random LLC's in the individual's name and apply for and acquire tens to hundreds of thousands of dollars in business credit card availability. Then they have some "creative" ways to pull the cash out of the credit cards in order to invest in real estate and get a rental property. Sounds decent on the surface, but what is really going on behind the scenes and is this a good idea or a bad idea for your personal financial plan? Is it really creative real estate?
Don't forget to sign up TODAY for your exclusive one on one consultation at:
http://www.FreeCoachingCalendar.com
Choose one of the QuickStart options while there in order to fast track!
Check out our contest....
CONTEST RULES:
In order to be eligible for the ongoing contests you must:
A) Be Subscribed
B) Comment on this video
(We’d love to hear what you’ve learned from our channel and how it is impacting you!)
Each time you comment on a new video your name will be entered into the contest drawing, so the more you comment on the videos, the better your chances of winning! You can also gain additional entries by sharing our video on your social media accounts or by commenting on our Instagram or Facebook accounts.
CONTEST PRIZES:
1: $25 Amazon Gift Cards
a) 1 winner selected each week for next 24 weeks.
2: 2 Hour Skype Coaching Session
a) 1 winner selected each month for next 5 months.
b) To be considered:
- Must have a MINIMUM of $500 average cash flow each month. No exceptions.
3: GRAND PRIZE - 2 Night Trip For Two to Denver and an Afternoon With Mr. Pillmore
a) 1 winner selected first week of October.
b) To be considered:
- Must have a MINIMUM of $500 average cash flow each month. No exceptions.
- Win a 2 hour Skype session with Mr. Pillmore.
Current coaching members are also eligible for the contest!
Our coaching costs can change with demand. To see our current pricing please watch this video:
https://www.youtube.com/watch?v=HbVLmCvFjoI
Want more actionable financial tips and tricks like this one? Check out our YouTube channel here https://www.youtube.com/channel/UC45hHuqWfdi7TIZg0RDG9_g
Make sure to check out our social channels for more insight and industry news!
Facebook - https://www.facebook.com/VIPFinancialEducation/
Instagram - https://www.instagram.com/vipfinancialed/
Instagram (Lifestyle) - https://www.instagram.com/vipfinancialedlifestyle/
Twitter - https://twitter.com/VIPFinancialEd
LinkedIn - https://www.linkedin.com/in/vipfinancialed/
BBB A+ Rating - https://www.bbb.org/denver/business-reviews/financial-services/vip-enterprises-llc-in-westminster-co-90024254/
Complimentary services and products mentioned in our videos are available for a limited time only and are not guaranteed at the viewing of this video. VIP Financial Education provides resources for educational purposes only. Our education is not a substitute for legal, tax, or financial advice and results vary. VIP Financial Education encourages viewers to do their homework before taking any financial action. VIP Enterprises, LLC may from time to time earn commissions by recommending various products, services, and programs.
#RealEstate #CreativeFinancing #CreditCards #VIPFinancialEd
Видео HOW TO BUY REAL ESTATE USING CREDIT CARDS (Creative Financing or Risky Business?) канала VIP Financial Education
It is true that real estate can be powerful in building your cash flow and establishing what many refer to as passive income, so why not look into creative ways to finance? We at VIP do this all the time, however safety is a major deciding factor for us here - we take risk very seriously, especially considering what we expect to see in the near future - a downturn in the market. Matt takes a look at a video where folks are signing away power of attorney to a company so that the company can start random LLC's in the individual's name and apply for and acquire tens to hundreds of thousands of dollars in business credit card availability. Then they have some "creative" ways to pull the cash out of the credit cards in order to invest in real estate and get a rental property. Sounds decent on the surface, but what is really going on behind the scenes and is this a good idea or a bad idea for your personal financial plan? Is it really creative real estate?
Don't forget to sign up TODAY for your exclusive one on one consultation at:
http://www.FreeCoachingCalendar.com
Choose one of the QuickStart options while there in order to fast track!
Check out our contest....
CONTEST RULES:
In order to be eligible for the ongoing contests you must:
A) Be Subscribed
B) Comment on this video
(We’d love to hear what you’ve learned from our channel and how it is impacting you!)
Each time you comment on a new video your name will be entered into the contest drawing, so the more you comment on the videos, the better your chances of winning! You can also gain additional entries by sharing our video on your social media accounts or by commenting on our Instagram or Facebook accounts.
CONTEST PRIZES:
1: $25 Amazon Gift Cards
a) 1 winner selected each week for next 24 weeks.
2: 2 Hour Skype Coaching Session
a) 1 winner selected each month for next 5 months.
b) To be considered:
- Must have a MINIMUM of $500 average cash flow each month. No exceptions.
3: GRAND PRIZE - 2 Night Trip For Two to Denver and an Afternoon With Mr. Pillmore
a) 1 winner selected first week of October.
b) To be considered:
- Must have a MINIMUM of $500 average cash flow each month. No exceptions.
- Win a 2 hour Skype session with Mr. Pillmore.
Current coaching members are also eligible for the contest!
Our coaching costs can change with demand. To see our current pricing please watch this video:
https://www.youtube.com/watch?v=HbVLmCvFjoI
Want more actionable financial tips and tricks like this one? Check out our YouTube channel here https://www.youtube.com/channel/UC45hHuqWfdi7TIZg0RDG9_g
Make sure to check out our social channels for more insight and industry news!
Facebook - https://www.facebook.com/VIPFinancialEducation/
Instagram - https://www.instagram.com/vipfinancialed/
Instagram (Lifestyle) - https://www.instagram.com/vipfinancialedlifestyle/
Twitter - https://twitter.com/VIPFinancialEd
LinkedIn - https://www.linkedin.com/in/vipfinancialed/
BBB A+ Rating - https://www.bbb.org/denver/business-reviews/financial-services/vip-enterprises-llc-in-westminster-co-90024254/
Complimentary services and products mentioned in our videos are available for a limited time only and are not guaranteed at the viewing of this video. VIP Financial Education provides resources for educational purposes only. Our education is not a substitute for legal, tax, or financial advice and results vary. VIP Financial Education encourages viewers to do their homework before taking any financial action. VIP Enterprises, LLC may from time to time earn commissions by recommending various products, services, and programs.
#RealEstate #CreativeFinancing #CreditCards #VIPFinancialEd
Видео HOW TO BUY REAL ESTATE USING CREDIT CARDS (Creative Financing or Risky Business?) канала VIP Financial Education
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10 августа 2018 г. 3:38:00
00:35:42
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