A blog about the ‘secrets of the elite’…
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Using a HELOC for Debt Consolidation?
Have you been considering using a HELOC for Debt Consolidation? How much debt is your household carrying right now? If it’s A LOT (like $50,000 or more) – you’re not alone… Many households are carrying significant debt nowadays (between mortgages, personal loans, credit card balances, student loans, etc.) In fact, the average American has $90,460 worth of debt. If that…
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Don’t Start Investing HELOC Money Until You See THIS..
Wondering what you should be investing HELOC funds into?Yesterday we talked about how to use a HELOC for debt consolidation. While that can help you save a lot in interest, it’s not able to earn you more money. If you’re not using your home equity to pay off your home faster or reducing high interest…
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Using a Home Equity Line of Credit for REI
Looking to break into the real estate investing game? (Or take your current investments to the next level?)If you’re going to use a home equity line of credit for anything, put it into a sound investment. Unused equity is, after all, dead money that could be better utilized by working for you. Stagnant equity isn’t giving…
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How to Use The HELOC Strategy and Reduce Your Risk
Have you ever heard financial gurus like Dave Ramsey or Suzie Orman warn against using HELOCs?They’re not entirely wrong…A HELOC comes with flexibility that it can be tempting to use it as a piggy-bank. But we want to help you get the most benefit from your home equity line of credit and avoid it from…
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The Best HELOC Payoff Strategy
Looking for the fastest HELOC payoff strategy that will help increase your cash flow without changing your income?This isn’t a riddle or gimmick… Think about it…A first lien HELOC is the tool that can make your financial freedom a reality by helping you quickly pay off what most likely is your largest debt. Our HELOC Payoff Strategy Gets…
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How to Avoid Income Tax Like the Rich
Have you ever wondered why it’s so easy for the rich to get richer?A few years ago, one of my business partners and I were out at a bar and I asked him that very question… “Jon, why is it so easy for the rich to get richer? It’s like they’re also able to exponentially…
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Tax Exemption vs. Exception
Have you ever looked into the finances of the ultra wealthy? The wealthy use corporate tax credits, trust webs, charities, state churches, welfare organizations, foreign off-shore accounts and a variety of other complex tax shelters & loopholes to legally avoid paying income taxes. These entities act as a “front” to receive free money and shift income…
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