Title | : | HOW TO BUY RENTAL PROPERTY AND NEVER USE YOUR MONEY |
Lasting | : | 14.36 |
Date of publication | : | |
Views | : | 87 rb |
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► Limited Time - Get Up To 12 FREE Stocks on WeBull (Deposit $01 and get up to 12 stocks worth up to $30,600): awebullcom/i/RichardFain Comment from : Richard Fain |
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Damn this is some educational shit ngl Comment from : Tramaine |
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How are you going to pay back the bank and credit card at the same time tho! Comment from : Joanna Rodriguez |
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How are you going to pay back the bank and credit card at the same time tho! Comment from : Joanna Rodriguez |
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He a geniusssss Comment from : Joanna Rodriguez |
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It’s not that easy because that new debt of $40,000,is gonna show on your credit report affecting your loan qualification (debt to income ratio) and your money for down payment has to be in your account for at least the last two months Comment from : Carlos Segovia |
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Thank you for this video The most clear I’ve seen Comment from : Kesia Molina |
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Find a realestate agent as hungry as you arebrGreat advice Comment from : Winterstick549 |
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I've been waiting on this one I'd be interested in ways to couple this with other ways to bring money in Comment from : SonicBoomC98 |
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But u still have to pay all that money back u borrowed Comment from : allexsis cook |
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❤ Comment from : Molly Phelps |
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free game Richard for the people ! Comment from : Jeff Peou |
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So after you’ve done all this how do you pay back the credit cards? Comment from : slay3rluis |
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Great information! Could you provide a few credit cards that allow direct deposit? Thanks Comment from : Bee Moore |
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How much do you pay the credit card every month? Comment from : Gabe G |
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I understand errdang exceptbrThe part At beginning when u said get the credit cards ? How uk which one to pick n Ik u have to have a good score Comment from : TRACLIFE KEY |
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Than is great advice Richard I really precious and your video is awesome and you are great management experience and tactics I learned alot from you thanks for sharing great ideas keep it up good work Comment from : Anna Ahmed |
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In order to get a realtor, you need to get pre approved for a loan This not 25 years ago That’s the norm now 😒 Comment from : Blind Beast |
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When the special offer expire where do you get the money to continue paying the $40,000 loan? Comment from : Francis Hastick |
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what can I do? I have been disabled since 2009 and I am 58 years old at the verge of retirement My portfoliio of $750k is down to $492k, How can I profit from the present market" , I mean I've heard of people making upto $250k in couple weeks during this crash and I'd like to know how Comment from : Dendrick Paul |
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This works well for someone with enough income coming in to cover the credit card payment ofbrthe 44,000 before repayment is due Furthermore not everyone has those credit card limits or balance transfer offers Nonetheless it’s good advice for certain people who have already a more or less established financial condition Thank you sir 🙏 Comment from : Love Never Fails - Rocio Fletes |
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Thx Bruh! ✊🏾 Comment from : bowtiecigars |
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You have to save the 40000 First tho Comment from : Lilly in the Field |
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There's no subscribe button at the bottom of your video here sir and you're the second brother I seen or watch the video made produced by them and they have said the same thing you have said hit my subscribe button but there is no subscribe button down there it's usually a big red one with a bell I think you guys is looking today and I'd appreciate if you give me a reason why there is no subscribe button at the bottom of your video 🤔 Comment from : the truth! Johnson |
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But you still gotta pay the banks back right?… Comment from : Sheldon Hammond |
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Mr, fain what do you think about debt consolidation I signed up for debt consolidation to help me pay for at least 10k in debt For 35 months , I have to pay around 200 a month From what was explained to me by the company , overtime my credit score will improve Am I doing the right thing ? Comment from : tweety barnes |
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Anything is possible in theory! How do you make 1k a month with 300k house? Unless you bought in half the price from a real desperate seller The # doesn't add up! Comment from : Caleb Kang |
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Instead of talking bout it…show us the proof of what you pay on the property and how much you net Im assuming you are paying that credit card debt off in 2-3 years so you can do the same thing again Comment from : You Can Fix That |
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Credit card Direct Deposit Transfer Love it Thanks for sharing Comment from : Jeanine Brown |
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“Up to” 12 free stocks 🤔 they could give you just 3 Comment from : Super Fly |
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300k that also has a monthly payment duenot sure how much you net after that Comment from : Lola Cole |
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a new subscriber is here, thank's Sir Comment from : Am Vic |
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I follow how to get the $44k, do you hand that to the bank as a down payment? Hold on to it? Where does it go after you have it?brWill the rent coming in cover both the credit card payments and the banks mortgage payment?brWhat happens if you end up losing a tenant or getting a bad one and no income coming in? Comment from : Wakeup and Smell the Coffee |
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You can also use hard money lenders Comment from : Clorox not Bleach |
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Seems pretty steep for little income to pay off the high interest credit card you took out for the down payment So how do you pay that off ? Comment from : Lakers! |
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Thank You Richard Comment from : LuxeTitan |
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In the video, you don't cover the repayment of the 40,000 from the credit cards How does that factor into the initial return on investment? Comment from : The DEV |
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bCrazy times we live in I pray each day for our country, we need wisdom, honesty and compassion for the American people it seems to be scarier everyday I will forever be indebted to Kathy Zielinski! you've changed my life I'll continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little Investment" Imagine I invested $1,500 with the lady you recommended some time ago and got profits of $9,300 in 3 days Ms Kathy Zielinski investment She's the best🇺🇸🇺🇸🇺🇸/b Comment from : Dea Anold |
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How do you get a 40,000 cc balance Comment from : j M |
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Does anybody have a list of credit card companies who offer direct deposit transfers I been searching online and I haven’t found any Comment from : Booky Blanco |
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Ok got it assume a lot still need money to to pay bills every month Comment from : Chris Vinson |
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So you still have a 44,000 deptgotta get a Tennant and have another 260000 dept to pay on per month OK got it Comment from : Chris Vinson |
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Still have to pay on 44000 depth you also have a 270,000 deptbrI need a better understanding standing Comment from : Chris Vinson |
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Down payments you said 0 down which is it get payment You still have your bill Comment from : Chris Vinson |
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Very long windedget to the point Comment from : Chris Vinson |
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No not interested Sounds scheccie Comment from : Chris Vinson |
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Rich did you buy your assets under your name or an LLC? We’re you getting the funding under your name or LLC? Comment from : El Galeno |
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But, how long it will take you to repay the credit card money? Comment from : lugner thelisma |
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Doesn't that affect your debt to income ratio directly depositing those amounts? Comment from : TWOXTRO |
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👍 Comment from : Raymonde Alphonse |
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Hi Richard,brI’m first time listening, and I will love to start with the credit card the you said it has not interest for some certain months, I do have a good credit but I don’t know how to choose the specific credit card the one you were talking about Thank you Oscar Comment from : oscar lucero |
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Will I need a financial advisor? Comment from : Darlene P |
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In your example of buying a $300k investment property bank will finance 80 of the appraised value That would me you need to come up with 20 down Which means $60k How can you sore up 60k across multiple credit cards? Comment from : NETHOST |
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My brother brought home, a couple of hundred thousand with credit cards Comment from : James Foley |
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No money down my assyou will be putting your money into it to pay them cards and loans back Comment from : Alpha Renderings |
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I wish’s we could connect Comment from : Humoud Seif |
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You are the best and not greedy Comment from : Humoud Seif |
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Thank you ❤ Comment from : LiH1 |
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Love it! Much thanks! Comment from : Ashleyforreal |
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Thank you sir Comment from : The counts family Family |
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Is it true that they don't accept downpayment out of a credit line Comment from : J N |
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How do you pay the credit card debt in that 12 to 18 months ? Please share Comment from : JMOE |
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cool, thank you Comment from : Peter James |
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Wait, so don’t you become the rental manager hows management? Comment from : Jacob Kennedy |
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Banks will only lend so much until you are financially over leverage, this strategy is too risky there was no discussion on forming an LLC or putting the properties in a trust Using that much credit is like building fortune on sand instead of a concrete foundation Comment from : Chaze Kendale |
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The question I have is so what do u do once them 12 months are up and u have to pay that high credit card interest 21-25? Plz help Comment from : T Mat |
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How do you pay that $40k back during that grace period Comment from : James Salomon |
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banks DO make money off our deposits they lend it to others to make more interest income (amongst other things) Comment from : K to th G |
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How did you pay the Credit Cards back within 12,15, 18 months? Comment from : Mmm Kay |
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Hi Richard please contact me at your earliest convenience ready need here Comment from : Helen Johnson |
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Louis Gossett Jr 🤪🤪🤪brOhhh yeahhh! Comment from : Paul G |
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… But banks want to see where you got the down payment and they don’t like to see that your down payment came from a credit card Comment from : Nyemade Baker-Marsh |
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Am I the only one that feels like they need someone to hold their hand step-by-step until you get the hang of it? Comment from : StarCase |
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I'm from Ghana 🇬🇭 in Africa can I also webull? Comment from : Eden Iris |
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Do you have to pay taxes on that 40k bank deposit from the cc? Comment from : Hannah Schillace |
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Well said Comment from : Mario Zacchini |
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Direct deposit transfer offer Comment from : Natalia Harvin |
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Thanks for the info But what are Credit Cards Companies that offer direct deposit transfe? I have 2 card by NF and they offer this, only cas advance Comment from : bcm20003 |
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Going have to try sounding great 👍 Comment from : Wayne Williams |
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Thanks a lot for sharing this Comment from : VIGNINNOU HINNOUDE |
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It's something about this man I've searched high and low on youtube for videos on ways to generate passive income on my toward financial security This wasn't what I was looking for when I stumbled here , yet I am so moved by every message, I think he's God sent I will follow your guide sir, I know by doing so I will have financial freedom one day , thank you in advance beautiful sir! Comment from : Jahdesta Muzik |
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I do wholesaling real estate and am now looking into owning rental properties Comment from : Brianna Jackson |
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Sounds like a lot of inquiries and debt from multiple lenders Why not just use one lender? Comment from : D Bennett |
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The thing i don't get is u aren't gonna sell that property within a month so u would get killed in interest on those maxed out credit cards unless im missing something Comment from : Zach Matousek |
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Help me Comment from : karissa robinson |
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I hear what you’re saying about using money from credit cards, but the rental money coming in is not enough at $1,000 a month to pay back $40,000 in 18 months???? Comment from : CAMPING WITH CARTER |
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TRUE KNOWLEDGEbrTHIS IS A MAN HELPING THE COMMUNITYbrBY TEACHING & GIVING VALUE FOR FREE brTHIS IS A BAR SET THAT I STRIVE TO REACH Comment from : Cire Soprano |
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Can you explain what happens when it’s time to pay the transferee deposit back to the credit card company? Comment from : PatrickdaStarr |
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I have been researching and asking questions, watching videos, on places I would like to leave here, yes because of cost of living, but more so it’s about people, caring and peace of mind! My thoughts have been México, Costa Rica, Portugal (check out the Azures) my issue is I want to be close to the US, for family But ultimately I want to also experience other cultures So thank you for all the information you provide! Comment from : Kimi Padro |
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I will forever be in-depted to you 😇 you've changed my life I'll continue to preach about your name for the world to hear, you've saved me from a huge financial debt with just little investment of $1,500 I got $9,600 in 3days, Thanks Ms Mia Bailey🙏🇺🇸 Comment from : MARC SMITH |
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So if your end of month profit is 1k all that will go to pay off the credit card deposit you originally did before Interest kicks in So technically you really pocket that 3-4 years later after paying off the 44k? Is that correct? Comment from : Oliv O |
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What credit card companies do you suggest or have used to do this? Comment from : NaNas Life |
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I’m 24 they ain’t giving me a credit card for 45k 😂 Comment from : Yung Kali Music |
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This episode was a Gem Richard You're my favorite youtuber Comment from : Edgar Birdsong |
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Good stuff!!! Never thought about using credit card deposits I used money from home equity line of credit to buy my first rental (HELOC) brAppreciate the video! Subscribing now 👊🏾 Comment from : Darryl Snoddy |
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