How rich people use debt to get rich #realestate #investing

Video quality	The size	Download

Информация о How rich people use debt to get rich #realestate #investing

Название	:	How rich people use debt to get rich #realestate #investing
Продолжительность	:	1.00
Дата публикации	:
Просмотров	:	108 rb

I'm just a new Bee for this world of investments Bro, I have something that bother in my Mind i really wanted to invest a property (real estate)brif I had started to Loan in a Bank for my First invested property, and it makes me Pay for example $2k in a month,brand after a year or 2, I wanted to used my equity for the 1st property to have again loan to Buy a new onebrso my monthly of the Bank loan will be higher and also my payment will be restructure and possibly be $3k to br$4k? as the total loan will be higher, does my payments monthly also higher?
Comment from : Dexter De Asis

Well shit fam Connect me to the guy I need to ask, that's going to say yeah that part!😜🙌🏾❤️🙌🏾
Comment from : Dionne Lowe

Simple and easy
Comment from : Em Mour

Capital gains😂😂😂😂poor poor mind set
Comment from : harman sidhu

If your business didn't turn out successful, now you have millions of debt and business which is about to shut down
Comment from : aww man

Fascinating topic!
Comment from : SJ Digital Solutions

Talk more about being empty in the middle and that whole rough time
Comment from : Brandon Fowler

😂u r definitely foolish guy
Comment from : Baljeet Kaur

What if the asset you invest in doesn't work?
Comment from : EmblameSuccess

What if that doesn’t work
Comment from : wow now

I would call this leverage Your project might fail You took risk and that's why you get a premium over the interest you'll pay
Comment from : Beto Peralta

Hmm this is interesting I think rich people do do this but not at the start brThis is very risky stuff and you’ll need to know your asset will give you returns otherwise it’ll fail problematically
Comment from : CobraFishTOPG

but real estate is risky af brbrthe maintenance unpredictable catastrophies etc etc brbrand you're certain that the buyer would bargain way way less than your expected price that's depend if you actually have a buyer cause most of the time no one buys your house for years
Comment from : meow! 😂

Well explained ❤
Comment from : Jigyaaasa

If rich guy is a hard money lender and you are a noob, this could go very bad very fast
Comment from : David Phones

But the big question is Will anybody lend us money while we don't have any money or collateral?
Comment from : Sekedar Bonsai

That’s one way to pay higher taxes 😂 if you can get the loan to begin with, which usually requires some income revenue/assets or both, first
Comment from : Waffle_chair

Soon as you sell it, your liable for tax on it
Comment from : Paul Calvert

That was stupid
Comment from : Nefarious Actz

All companies do that It's nothing new
Comment from : Varnium

Taking interest/ sood and giving interest/sood is not good A person can get rich without taking and giving interest / sood how ever taking debt without interset is not bad but may Allah help all humanity and Allah sab ko apna muhtaj banaye Ameen I hope Allah help humanity Ameen
Comment from : mama paratha

If the asset u buy works If not ur re deep in debt and contemplating suicide Islam forbid interest bcause of this high percent failure
Comment from : monoteisma Monoteisma

People making using debt sound like some great idea When all they mean is get a loan
Comment from : curiousme

I go to the rich guy he says get lost
Comment from : Cian Young

Took out a loan and paid off my credit card debt Credit score went up Qualified for bigger loan, paid off previous loan Credit score went up Took out even bigger loan and have been living fat off that loan for two years now Will have to pay it off eventually, but, who knows, maybe I'll die before that happens 🤞
Comment from : hamsterdoom360

This is not what I’m looking for
Comment from : Imminent Soul

What kind of assets are similar to the bandaid Glass?
Comment from : Rodrigo Ribas

But your taxes when you buy and taxes when you sell How can I pay back the debt and the interest?
Comment from : Stratos Saviolakis

Real question How many times have you followed your own advice in this regard?
Comment from : Maydays Custom Woodworks

Intrest is haram
Comment from : Mr Daddy

You solved complex 😂 problem that poor people never try to solve I think you are student of Robert kiyosaki
Comment from : SIGMA Rider 99

How do i get a loan that doesnt require to buy a house (liability) i want to buy assets what example of assets are there
Comment from : High Def

So basically get a loan and fix a house
Comment from : Babe Man

what if it took you years to sell the property?
Comment from : PRU Life UK Mark Jerel Pichay

Im hoping I could get an answer from the uploader of this video, for the question im about to ask, apologies if its a silly one toobrbrIf someone were to do this, could they, hypothetically, GIFT the fixed up home back to the person who gave the loan, to erase the loan, or deem it repaid? Could this be done to potentially avoid paying capital gains tax from selling the home?
Comment from : The Bee

you're the only One that explained in the best way possibile
Comment from : Youre not funny

We all know this trick but how to pay that interest amount and emi for the debt and loan which we will have to pay monthly?
Comment from : aman raj

What happens when asset class crashes?
Comment from : living alone

Now i need to find a rich guy
Comment from : Incog nito

❤
Comment from : KKAVITHA

Got OF? You cute
Comment from : Username unknown

I love the explanation cause I just wasn’t getting it but it makes much sense now, round of applause 😅
Comment from : Asia Steele

False
Comment from : THEKINDHEARTEDDOUCHEBAG

Need more water
Comment from : david454

Short, simple, yet effective Good stuff
Comment from : Abigail Caro

That depends on ROI
Comment from : Desi dance

Thanks dude u made it so simple u definately deserve a sub❤😊
Comment from : Cherry Boy

I still don't understand
Comment from : Vaughn McGregor

Of course you got to have collateral to get the debt in the first
Comment from : Frank Leonoyed

Best one who explained
Comment from : Hydra_X3

These 'financial gurus' always conveniently leave out the associated risks from the discussion
Comment from : X

nah what you're talking about is real estate rather buy mutual funds or farmland 🤚
Comment from : Lorna Riveral

This guy can he be a bank
Comment from : Kenzi immobilier Bejaia

Its called selling weed lol
Comment from : lukey

Hey rich, I want to profit from you by buying this assetbrbrRich guys buys it beforebrbrYou still broke
Comment from : Orthodox Muslim 🏳️‍🌈⃠(Conservatives)

Or a better way is to rent the property out That way you can get a tax advantage and get 5 growth on that house each yr
Comment from : errolh1980

Total nonsense
Comment from : Pinterest Express

My dad use this strategy
Comment from : ankit singh

Hey i dont believe this I know someone used debt to be an asset and now he is rich
Comment from : Kuya Kris

Greatest Explanation Ever
Comment from : Goldenstandard 💛

🔥
Comment from : Goldenstandard 💛

Oversimplified!
Comment from : Mark Emerson

U just explained flipping properties not everyone can do that
Comment from : harp per

So u just explained really really known method of buying flats Duh!!
Comment from : Gamer Vega

Real estate advice is the worst advice you can receive If it was that easy to get a loan that big for property the value of properties will go up significantly A $100k home will go up 50 Why? Because banks are handing out money This is not a perfect world
Comment from : Hector 1