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Personal Debt Can Disappear When You Set up a New Business
I teach students how to set up a new business name on paper and then move their personal debt into the business name. This will dramatically improve your personal credit score and help you make money as a real estate investor. It's as simple as using my system to set up a new business name and then use my list of companies that offer new business lines of credit. Then when you start receiving these business credit cards and lines of credit you can transfer a personal credit card balance onto your new business card. And make that debt you owe disappear from your credit report! ----------------------- Of course you will still have to repay it. But the power of this technique is that your credit score will go up when this personal debt gets transferred out of your name and into the name of a new business. And you will keep your personal credit score high when you continue to go out and get business lines of credit to use for your real estate investing activities. ---------------------- Setting up new business lines of credit is the most important thing you can do to PROTECT yourself as a real estate investor. Because these business credit cards and lines of credit allow you to draw cash from them to keep as a reserve when you are buying, rehabbing, or just holding rental property. You MUST make sure you keep adequate cash reserves for the unexpected issues that ALWAYS come up when you own real estate. And the best way to get cash reserves without using all your own personal money is to follow my program - HOW TO BEAT THE SYSTEM in real estate investing. I can show you how to quickly get a new business line of credit no matter what your credit score is. And this new business line of credit gives you cash for anything you're doing in your real estate investing activities. See how to get $20,000 cash for real estate investing, NO QUESTIONS ASKED. This program helps all my students get a new business line of credit regardless of their personal credit score. And this program also teaches you exactly how to find the BEST FORECLOSURE DEALS. The program is called HOW TO BEAT THE SYSTEM in real estate investing. And it includes - 1. Unlimited free live tele-coaching. 2. A money system to get business credit. 3. A foreclosure system to have someone else find you the best deals. 4. Software that will analyze your deals. 5. Bonus material with insider secrets on what to look for in a profitable deal. Sincerely, Thomas Kish Tom is a full time real estate investor. He has purchased and sold over 5 million dollars worth of real estate in less than 2 years. Tom is an expert in using new business lines of credit instead of cash to buy real estate. There is no one else teaching anything like this SYSTEM of real estate investing! Check us out at: http://cashflowexperts.biz/cmd.asp?ad=137545
MORE RESOURCES: Bernanke urges action to halt foreclosures (Reuters)
FDIC's Bair warns investors fighting loan changes (AP) AP - Investors in mortgage securities who are challenging home loan modification programs aimed at avoiding foreclosures could provoke a "backlash" from Congress, the head of the FDIC said Thursday. Bernanke: more action needed to cut foreclosures (AP)
Mortgage rates drop to lowest level since January (AP)
Seabreeze's Kass favors U.S. stocks over Treasuries (Reuters) Reuters - Hedge-fund manager Doug Kass, who successfully shorted U.S. equities this year including shares of Fannie Mae and Freddie Mac , is now buying U.S. stocks on the belief that they have hit bottom. Toll loss narrows, shares rise sharply (Reuters) Reuters - Toll Brothers Inc , the largest U.S. luxury home builder, said its quarterly loss narrowed slightly as it wrote down less inventory, and its shares rose sharply as homebuilders extended a rally spurred by improved mortgage rates. Treasury weighs plan to rescue housing sector: report (AFP)
Home Foreclosures Continue, Despite Bank's 'Freeze' (BusinessWeek Online) BusinessWeek Online - Some homeowners say they are still receiving foreclosure notices, even from banks that have said they would halt the process until the New Year. Toll Brothers 4Q loss narrows, no 2009 forecast (AP)
UK house prices fall at fastest rate in 16 years (AP) AP - House prices in Britain fell at their fastest rate in 16 years during November, the country's biggest mortgage lender said Thursday, reinforcing market expectations that the Bank of England will later cut interest rates by at least another percentage point. Paulson Considers New Plan to Resuscitate U.S. Housing Market (Bloomberg)
U.S. working on affordable mortgage plan: sources (Reuters)
Financial industry pushes for lower mortgage rates (AP) AP - Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates and help stabilize the battered U.S. housing market. SEC adopts new rules for credit-rating agencies (AP) AP - Federal regulators on Wednesday adopted new rules designed to stem conflicts of interest and provide more transparency for Wall Street's credit-rating industry, widely faulted for its role in the subprime mortgage debacle and ensuing credit crisis. Obama: Financial bailout must help homeowners, too (AP)
Woman's skeleton found in foreclosed L.A. home (Reuters) Reuters - Police investigating a foreclosed Los Angeles house found the skeleton of an elderly woman, apparently dead for two years, who had lived there with her 48-year-old son. Obama says reviewing TARP, eyeing homeowner relief (Reuters)
Russia to buy out mortgages from banks (AP) AP - Russia's government pledged a mortgage buyout Wednesday and announced more aid for major airlines and other companies beyond an existing $200 billion financial rescue package, Russian news agencies reported. Mortgage applications post largest gain ever (Reuters)
Mortgage application, refinance volume surge (AP)
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