Buying real estate with other people's money.
So, you want to invest in real estate but you don't have the cash
or the credit to really get started. Well, I'm pretty sure that you know that it
can be done because you're watching this video.
I literally started making a lot of money in real estate
while I was bankrupt and in my parents basement.
So, I know that you know it's possible. But there's some caveats, there's some
details that I got to share with you so that you can do it right
and change your position the same way that I did. Let's go.
I'm going to share with you my full blueprint on how i went from living in
my parents basement to having my own real estate empire worth
millions of dollars and having hundreds of thousands of dollars in cash
at all times with my business using other people's money. Again, other
people's cash, not necessarily mine. I'm going to share with you my simple
formula and a quick script that you can use
to get other people's money and how you do it. And last but not least, I'm going
to give you this special technique that I have formulated
and perfected over the past few years. I literally just used it
yesterday and picked up 5 more properties
with other people's money. Again, that's all I use now. So, I'm going to tell you that
one technique that you can use and start today.
So, not even my 2 master's degrees taught me this. What I'm going to share
with you I learned from the real world and this
is what works. So, we're talking about real estate investing,
one of the things that is taught in school that is just absolutely wrong
that I want to make sure that I clarify up front is that you can turn debt
into money. So, one of the things that we're taught growing up and that we
learn in school unfortunately is to kind of be afraid of debt.
And when we're talking about other people's money, in many cases we're
talking about debt. Because you do... In most cases, they're going to
want you to repay that money. And usually repaying money or borrowing
money also comes with interest rates or fees or points and
things like that that really shy away from what
people are taught and what their parents have taught them.
And so, when we're talking about real estate investing, you've got to get
really clear and know that you're going to need to use other people's
money and that this is not a problem. This is the way
that we do it and this is the smart way to do it if you follow the right
techniques. So, real estate investing consists of a
couple of things. In most cases, you are looking to buy properties at a lower
price and then sell them at a higher price.
That is usually the gist of it whether we're talking about houses, condos,
apartments, strip malls, warehouses, vacant
lots. When we're talking about real estate
and we're talking about investing in real estate, we're talking about making
profits usually from buying low and selling high. Or we're talking about
using and leveraging those properties by having a mortgage or obtaining those
properties and then putting tenants in them of some sort
and getting that cash flow. So, there's different ways that you can invest in
real estate. But those are the 2 primary ways that most people do.
And those are the primary ways that we can leverage other people's money
so that we can start making money. Let's get into that part. So, we're talking
about the smart way to use other people's money to buy real
estate or buying real estate using other people's money
the smart way. You got to start thinking like a real estate investor.
So, most people go out and they can always get a mortgage. You know, we
already know that there's tons of companies that'll let you go buy a house
and you can get a mortgage and put that property and then
just live in that property. But that's how most consumers or we call
them civilians. Buy real estate but as a real estate
investor, you are trying to turn debt into
money, okay? So, you got to start looking at real estate differently and you have
to start seeing it as a commodity. You cannot care about what school
it goes to and you know does it have a pool in
the backyard and all this other stuff that you may want for your own personal
home. When we are talking about real estate
investing, we are talking about, "How can I make the most
money off of this piece of property? How can i buy this property for the lowest
amount possible and how can i sell it for the highest
amount possible?" That's the game. To be clear on that, the
smartest and best way to do it is to become a business, okay? If you
really want to leverage other people's money in a big way in real estate and
really do this thing big where you don't have to work for someone
else and you don't have to clock in and you're never worried about money again,
start as a business. Go ahead, step one. Get that business license, the LLC or the
corporation. Go ahead and get a business name and a
business phone number and a business email and a website.
Go ahead and take those couple of steps that are needed to start you a business.
Because this is going to open the door where you can borrow and get
more money and really scale this and make a real business.
I said this before and my coach said it to me. This is how I ended up in my
parents basement, bankrupt and in foreclosure is I didn't
take it seriously as a business. I thought I could fix and flip a couple of
houses. I really wasn't committed to real estate investing.
I wanted a couple of rental properties. I had a couple of rental properties
but a couple of rental properties is not a business.
It's more of a headache, okay? If you really want to be successful in real
estate, you really want to start leveraging other people's money, start
trying to leverage a lot of other people's money. You want
millions of dollars in other people's money at least tens of thousands. You
know, you want 20, 40, 50 thousand just to start off
and leverage their money so you can get as many properties as possible
so that real estate is not a headache for you, okay?
So, that's one of the things I need to make sure that you're clear on. So, the
next step when buying real estate using other people's money is
you want to take that business that you've created and then establish
business credit, okay? This is pretty simple to do. I've
actually made an entire video. I'll make sure I put a link in the description box
so you can watch and read and learn all about how to
build business credit really quickly. But the key to it is simple. I'll tell
you the gist of it really fast. Once you have the business set up, like I said,
just the LLC, phone number, website. Not too much. Again, I have students that have
done this in 1 day literally depending on what state
you are in. You can have your business set up in one day and start
building business credit the very next day,
okay? And so, well actually it's going to take a couple of days because you're
going to need that dun & brad street number. And dun & brad street is the
business credit reporting agency that
puts the business credit report together. The primary one there's also Equifax and
Experian business. But Dun & Bradstreet is the biggest
one and that does take probably a couple of weeks to make sure you get that Dun
& Bradstreet number. But when you are building your business
credit, this is going to open the door to get
business funding in your business's name that's not touching your personal
credit, okay? I know some of you are super excited to hear that. I was super late to
the game with business credit. So, I'm happy to share this with you and tell
you to do this immediately. Do not wait. I took way too
long to start establishing my business credit. I've been doing it for a few
years now but I should have done this in 2009, okay?
Like, I said when I was in my parents basement, I could have done that. But I
didn't. So, I'm telling you to do it because I
have students that have done this and in 6 months to a year,
they have hundreds of thousands of dollars in credit in their businesses
name and now they can buy tons of properties and quit those jobs that they
hate. So, this is how you're going to leverage
other people's money with your business credit. Now, yes you
can use your own personal credit but that is not Noelle's recommendation nor is
it the smartest way to do it because once it's all on your personal credit
report, like I found out when i was in my
parents basement, I had bad credit and then I was limited to what i could do in
real estate. You know, at that point, I couldn't really
buy houses in my name. I had to wait a couple of years to let
the bankruptcy season a little bit and stuff like that.
So, if you don't ever get into that situation which is what I'm teaching you
the smart way to do it. I'm not even gonna tell you to do it the way I did.
I'm going to tell you do it the smart way. Go ahead and establish that business
credit so you can get business funding and start leveraging other people's
money to buy your rental properties with. So,
after a few months of establishing the
business credit, you're going to go ahead and you're going to get funded. You're
going to get business funding. You're going to get
business lines of credit, you're going to get business credit cards. Make sure you
open a business checking account because this is going to be important for you as
well. Because a lot of the lenders will make sure they
want to they're going to want to see your business checking account
statements. But usually they only ask for 1 month or 3 months worth of
statements. It's not like a whole bunch of statements.
So again, 3 months worth of statements. It only takes you 3
months to do this. And this is how I have students that are
literally able to quit their jobs and be full-time real estate
entrepreneurs in less than a year, okay? You're going to
leverage, you're going to create a business, you're
going to leverage that, you're going to get business credit and you're going to
get business funding and then you're going to buy
income-producing-properties. Plain and simple. So, once you've done that,
that's the last step. And it doesn't... It is not as hard
as you think. With many cases, you can use those business credit cards
to get cash advances. You can start get lines of credit and start putting that
money from the lines of credit into your business checking account so that you
can show that you have money in your business checking account.
Then you get hard money loans. Buy properties or you can create your own
crowd funds and things like that. But you'll never really have to use
any of your money and doing what I'm telling you to do. You're not even using
your own credit. Okay? Because this is going to be
reported on your business credit report. Yes, they may ask to see your credit just
to make sure you don't have bad credit. But it's not going to be reporting on
your personal credit report. This stuff is going to report to your
business credit report and then the sky is the limit. So, I have created an
entire training just for you. You can go to noelsfreetraining.com. That's noelle,
N-O-E-L-L-E-S. Free, F-R-E-E. Training, T-R-A-I-N-I-N-G.
Noellesfreetraining.com.
I've created an entire training completely free.
It's a little bit longer than I can put you know put out here.
So, go ahead and make sure you watch that full training so you can get started
learn the exact formula to making big profits
in real estate without losing money where you can start making money
soon. Not months, years. You can start making money
pretty much immediately. This is Noelle. To your success.