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Old Feb 13, 2006 | 06:01 PM
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slixx002
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Originally Posted by benjamin
Thats not a marketing firm. That sounds more like a lender that sells mortgages and refinances mortgages.
We are not a lender, we are a nationwide broker/real estate company. Most lenders/bank will not show you how to save money or how to turn your mortgage into something that will get you financially free or make you wealthy. They are looking for individuals who doesnt know how to invest money and they want them to keep paying for their mortgages so that they could go out, use your money and invest with your money, or give someone else a loan with your money. They profit off of your payments.

To answer some of the questions, Here's a tip that the rich and wealthy are doing but will not show us middle class americans. They wouldnt care to come back and show us how to do it. They're living their live already.

Yes the bubble has burst and will continue. But for how LONG????

Why not take out max $$$ from your house and throw it into a savings account while you still can. When the market drops, to lets say 100k for houses... Why not buy as many as you can w/ the money in your savings account? Wait for market to rise again..and there you go..you just came up on those houses @ 100k a piece paying under 1k a month for rent. Now when the value rises..to 500k.. in lets say 5 years.

HOW MUCH ASSET DID YOU JUST GAIN IN 5 SHORT YEARS?

5 houses @ 100k a piece = 500k
(after 5 yrs) 5 houses worth 500k a piece = 2.5 million

And during the depression era, while value is decreasing you are still making your money renting out your property.

1st house @ 500 month for mortgage payment. you rent it out at 1400
2nd house @ 500 month for mortgage payment, you rent it out at 1400
3rd house @ 500 month for mortgage payment, you rent it out at 1400
4th house @ 500 month for mortgage payment, you rent it out at 1400
5th house @ 500 month for mortgage payment, you rent it out at 1400.

Now with 1400-500=900...you just made yourself and extra 4500 in your pocket while market is low and everyone's in a panic. But are you? No, you're waiting for your property to rise......

and when it does, you are a 2.5 million dollar man walking the streets driving some nice honda's..

Hope this makes some sense.