UNSECURED BUSINESS LINES OF CREDIT

Tom Kish is the founder of CashFlowExperts.Biz Inc. Tom has been a friend of mine for many years, since 2002, and I have had the pleasure of going out and looking at real estate with him, and well as playing cashflow 101 at his kitchen table with friends.  He is a great guy, very nice, a hard work ethic, and really enjoys seeing others success.  One day you could meet him also at one of his seminars.
Tom Kish wants to show you how to get a $200,000 to $300,000 business line of credit. And check this out Tom claims it won’t show up on your personal credit report.  Tom is known for helping those with decent credit or those that know someone with a decent credit through an LLC to get unsecured new, start up, or small business lines of credit.  Throughout this article I hope to answer the often asked question by many of you out there on what is a business line of credit.  The trick is to know which lenders will provide this business line of credit and what they see as a strong business credit profile.  Some of the tricks in the past have been known to be stated income business line of credit. Tom stays up to date on the latest lenders and tricks to get the most out of this business niche.  Tom’s program (as seen in the photo above) is named “Ultimate Real Estate Investor’s Guide: How to create wealth without using your own cash“.

In the past you have probably researched how to find secured lines of credit. But why would you do “secured” when he can teach you how to obtain business credit.  Tom can’t yet, show you how to get a million dollar line of credit, but Tom is already almost 1/3 of the way there with his very own nationwide system for $200,000-$300,000, he created for how to get the best bank loans when you apply for a business line of credit through an application to get an account.  Tom has been involved in this business credit niche for many years, and is a leading expert on the speaker circuit. Tom wants to show you his easy step-by-step system.

Tom does have a trademarked system that he would like to show your bussines how to get express business lines of credit. Tom calls this system his  shortcut to success. Not only can he have you learn how to get a business credit card, and learn how to compare what’s best for you. If you don’t have prime credit, but instead have bad credit you may want to find someone to partner with, that has good credit and a corp or LLC, to make this system work!  You may even want to use your credit for the lenders and use it for real estate.   Tom has a lot of follow up systems after you buy, such as tele-seminars, and help calls for his students, so it’s kind of like having your own credit forum to read on for business.  Why would you go to a credit broker when you can just go with Tom’s system.  Tom is offering a guaranteed system, even look on his website, he says so!

Let him tell you which US banks will lend to you on this credit.  Included in his system are audio CD’s and a printed manual.  His website has a lot of testimonials to look at well.  Currently he has a few bonuses also included on his website at this time. These 4 things below are examples of what will be included…

• A complete list of our national lenders that actually want to give you the money. You can use a business name that you have already established or start a new one tomorrow and go get the money immediately. These are all banks every one of my clients and I personally use. This program will teach you exactly how to fill out the paperwork so that the money is handed to you NO QUESTIONS ASKED. You must KNOW which of the six kinds of general business classifications DO NOT qualify for the MAXIMUM credit lines available.
• Easy-to-use Partnership documents as examples of five ways to attract money partners into your new venture. You can quickly become the CEO of your own profitable new business venture when you have the forms and scripts to attract people with money to invest in your ideas and real estate deals.
• A complete collection of pre-printed real estate forms. It takes the pain out of finding the paperwork. All the hard-to-find forms you need are right at your fingertips.
• Access to HUNDREDS of hours of LIVE and recorded telephone training calls. You’ll pick up loads of profitable ideas and tremendously useful information just by listening to our many FREE training calls. We even offer a special call to help you get started quickly. And many hard-to-find HIDDEN real estate deals and business opportunities are revealed just to members on these calls.

Let this program guide you in the right direction to answer questions about other questions on the topics of: credit checks, no doc, credit calculators, interest rates, requirements, and terms. If you don’t find some of these, and other questions answered in this program, Tom is going to have the recorded phone calls and other calls that where he puts his students on the phone on calls, so that he can help his students be successful.  To check out this system and read much more online please go to CashFlowExperts Click Here.

Minnesota Short Sale Homes

Ron did a longer more detailed article at this link for minnesota short sale homes

This article was written by Mario, a mn short sale process specialist….

I always submit the package to both 1st & 2nd simotaniously to get the

ball rolling on both because they are slow. I sometimes will have the

Estimated Hud1 going to the 1st say that they are going to pay the 2nd

2000-2500 knowing that the chances of them doing so is small and i send

the 2nd one saying they are getting 500 or 1000. Y would i do this?

Because it gives me room to negotiate and let both sides feel like they

got a deal. The 1st will normally says they will not do more then 1000 to

the 2nd and the second will say they will not accept less then

1000-2000 to release their lien. If i can get the 1st to pay even 1500 it will

make the 2nd jump a lot faster because they normally are stuck with

1000 and the first feels like they negotiated down on the amount they

were paying. one thing to always remember is that the 2nd is pretty much

forced to play along if the 1st is taking a discounted payoff. Once the

1st has shown they are taking a hit, you are simply convincing the 2nd

that they need to take the 1k-2k payoff. The trick with short sales is

all in the BPO. If you can get the BPO value down low enough you are

golden. Even if the 2nd puts up a fight because their bpo came in higher,

you can try to convince them to let you order a 2nd opinion on the

property (this works best if you are adiment about the bpo agent being

crazy and way off on his numbers. believe it or not if you keep pushing

they will usually break and put the bpo into review or allow the 2nd

opinion) and in some cases you can even get the 1st to send over a copy of

their BPO or appraisal even though they are not supposed to. when the

2nd sees what the 1st is going by… usually they break. 1 trick that

normally gets the 1st to give you their bpo value (crucial when

negotiating with the 1st) is to act like you already know what it is. Call and

talk to the account rep a few days after they recieve it (they dont

remember what they already did and didnt tell you because you are 1 in 300

files) and say this word for word in normal conversation about the bpo

coming back “yeah well, now that the bpo came back at …… (has to be

lower then you think it really came in at/make sure it is lower then

what you are shooting for) what else do you need from me to get this

approved” like they already told you and I will bet you money that they

will come back and say “no…. it didnt” then you say “that’s weird,

thats not what i was told, are you sure?” say it with conviction and they

will say.. “let me see something” they will say “looks like it came back

at ….” and bam you know what you are working with. they can usually

play within 10-15% of that value depending on the lender. at least you

know you are in the ball park. Bring that value back to the 2nd and rub

it in their face that they have no chance getting more then what the

1st agreed to because the 1st sees the house valued much lower then what

they are owed. The more confident you talk to these people

(respectfully of course) the more they will take you seriously. When i first

started i thought that policies were stiff and the mitigator couldnt get

things pushed through but you would be suprised what a little pressure and

posture will do to a tough deal. This business takes a little hustle

but when you get it down, life gets a little easier and deals are more

predictable (faster too). Hope this mini book helps you.