Monday, June 23, 2014

Becoming Your Own Banker At REI This Tuesday!

There are many benefits of using a bank to finance deals that will in turn over years make you very wealthy. Believe it or not, the less money you have in a deal, the higher your ROI or cash on cash return will be. Sounds strange but it’s true and I can prove it.

However no one with a minimum of two brain cells to rub together would over leverage themselves as that is always a house of cards that will in time fall. I’ve seen it happen many times.

In the process of making yourself wealthy via the bank loans you are also making the bank very wealthy as “compounded” interest averages to be quite a bit higher than it initially sounds.

Our CEO, Dan Cullather and I have been talking about a book he has been reading regarding being your own banker. He introduced some very interesting concepts to me that he will be sharing with the group.

Cancel your plans if you have any because you don’t want to miss this meeting. Hopefully it will be in the big room so people aren’t turned away from a lack of adequate seating like last week.

Be there or be square…


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