Is it really possible to make MORE money by using a simple “Be the Bank” technique?
Introduction Strategies using basic “Be the Bank” Concepts for Small Businesses and Investors looking to Explore more Financial Growth and a Wider Range of Options.
Discussion: What does it take to get started?
Surprisingly – not that much. An individual can start with a modest amount of money in order to provide Proof of Funds and other funding essentials. The more savvy and experienced Private Investors have typically grown past that stage and have delved directly into transferring their OLD 401k’s into Self-Directed IRA’s to be used as “Hard Money” with higher Interest Rates for short-term loans.
Hard Money Loans typically fund the rehab Investor who buys and flips assets or the IRA Investor may choose to use his money as “Softer Money” for long-term Investing solutions for small to midsize businesses.
“Softer Side of Hard Money” is a term we developed to explain mid-range loans with a duration of three or more years and is still most likely paying you MORE monthly ROI than your OLD 401k for greater stability and a longer pay-out structure. Another WIN for BOTH sides!
This Self-directed IRA option is a real game changer for those wanting to earn a more generous monthly ROI with higher Passive Income each month. You can opt for either Short-term Lending or even Long-term Lending. The choice is yours; and then you can even sell the Note – just like the big banks do.
Generally speaking, for smaller flips you could potentially start with as low as $1,500 to $5,000 for Proof of Funds flips based on location and priorities. The pay structure can be pretty lucrative in a short 6-month time span. Our Private Financiers were earning 50% ROI within a six-month period and our Private Financiers made more money than the typical rehab Investor who bought the property, did all the work and then either held the note or flipped the asset.
As we always say, the Be the Bank Investor actually earns more money than the other “flip” Investor who does all the work. And, the benefit of Being the Bank for Hard Money, short-term funding is that you should hold the Deed in Lieu of Foreclosure providing that extra layer of security.
Some projects start at $25,000 with added benefits and Profit Share. Each project will be unique, but once you get the hang of it, most people thoroughly enjoy Being the Bank and become addicted to the whole concept. This would be the opportune time to convert an old 401k into a Self-Directed IRA.
It’s always vitally important to check with your CPA, but our understanding is that you can’t get stuck paying capital gains either because you’re actually the Funder via a structured loan and charging an interest rate.
Our methodology is always to Be the Bank vs Flipping. We have proved time and time again that Being the Bank earns more Passive Income than someone who decides to do all the manual labor and intensive hard work. It’s either Hard Money Lending or Hard Work Rehabbing…which one would YOU rather choose? We choose: Be the Bank!
Discussion: Where do I start?
Some of the best places to start would be right in your local area and keeping it simple. It’s harder to manage long distant transactions unless you’re more experienced and are familiar with the laws in the state you are exploring.
Discussion: Where do I find the leads or projects that would interest me?
That’s a great question! One example is to reach out to us for your FREE simple evaluation of what you are trying to achieve for your first experience. We will take the time to walk you through the entire process and help you locate the projects that are attractive to you personally!
We even have several projects currently in the queue that might be of interest to you as well.
Have More Questions?
Call the MoneyDeskManager Hotline at: 417-322-6228 x 102
Get a jump start and check out this amazing Resort’s opportunity! You have $3.5 BILLION Reasons to check it out!
Learn how to be a Private Financier and earn a higher ROI. It’s a win/win for both parties!
Call the MoneyDeskManager at: 417-322-6228 x 102
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You can still use their direct link to see if you qualify for additional SAVINGS even if you already use their products or services!
It’s very easy to find out.
You can also become an affiliate of theirs as well and earn Residual Passive Income if that’s something you might want to do as well. Just call them to get the details at: 417-664-4424
Check out BOTH their Residential or Commercial services page here:
https://05040159.acnibo.com/us-en/services
And, don’t forget to Be the Bank for the lucrative Real Estate Ranch and RV Resorts Package too!