Cozmic Soull Thank you for your comment and for subscribing ;) If you're interested in discussing further, you can click here to get on my calendar: calendly.com/g12group/rick2?month=2023-01 If you would rather take my class, you can do that too: bit.ly/VelBan2 Thank you!
I'm doing the same thing except I'm excluding the 0% balance transfers (those I'm paying minimums on until they expire). That way I can focus on the other ones first. Fantastic video as usual!
Mitchell Fam Thank you for your comment and for subscribing ;) If you're interested in discussing further, you can click here to get on my calendar: calendly.com/g12group/rick2?month=2023-01 If you would rather take my class, you can do that too: bit.ly/VelBan2 Thank you!
@Velocity Channel I started watching along time ago. I now have over $270,000 in loc and credit combined. Also two whole life insurance policies . I own two duplexes and my primary. A bit freaked out from all the $ but I'm also going for a 5 family this year all from watching C.J. first. Thx . I need business credit.
So if a loan is in the freedom zone according to the index, would you just leave it alone and just keep paying the minimum loan payment as it is? Or would you incorporate it into the 1st line HELOC which would pay the loan off and free up cash flow? In my case, this would prevent 12k in interest charges in 25 years.
Craig Shannon Thank you for your comment and for subscribing ;) If you're interested in discussing further, you can click here to get on my calendar: calendly.com/g12group/rick2?month=2023-01 If you would rather take my class, you can do that too: bit.ly/VelBan2 Thank you!
@@velocityc Thank you for responding. However, I elected to go ahead and pay it off from the HELOC just yesterday. It was my last loan. When I see the word loan, it's like when the Democrats hear the word/name Trump. I go into "loan derangement syndrome". Now, I'm much more happier that loan is no longer there. I celebrated with some good old barbeque afterwards. I'm only using about 30% of my home's equity in my HELOC which has a balance of 117k, in which by my calculation, I can pay it off in 19 to 24 months. I'm going to work on getting that balance down and look into adding a couple of more rentals later. Also, I will look at your site to see if there is anything I can benefit from there. Thanks for all you do. I hope more people hear and listen to your message because it works and I have proved it.
Glad that I don't have to become a rocket scientist. All that I have to do is follow the methods from this channel.
Cozmic Soull Thank you for your comment and for subscribing ;)
If you're interested in discussing further, you can click here to get on my calendar: calendly.com/g12group/rick2?month=2023-01
If you would rather take my class, you can do that too: bit.ly/VelBan2
Thank you!
I really enjoy the practicality of these videos
Leadership is a Philosophy I just emailed you some interview questions. Let me know what you think about them.
I'm doing the same thing except I'm excluding the 0% balance transfers (those I'm paying minimums on until they expire). That way I can focus on the other ones first. Fantastic video as usual!
Mitchell Fam Thank you for your comment and for subscribing ;)
If you're interested in discussing further, you can click here to get on my calendar: calendly.com/g12group/rick2?month=2023-01
If you would rather take my class, you can do that too: bit.ly/VelBan2
Thank you!
From what I get from VB is get a LOC use it to pay off debt or attain assets. Once done apply all proceeds to Loc. For faster principle paydown .
@Velocity Channel I started watching along time ago. I now have over $270,000 in loc and credit combined. Also two whole life insurance policies . I own two duplexes and my primary. A bit freaked out from all the $ but I'm also going for a 5 family this year all from watching C.J. first. Thx .
I need business credit.
So if a loan is in the freedom zone according to the index, would you just leave it alone and just keep paying the minimum loan payment as it is? Or would you incorporate it into the 1st line HELOC which would pay the loan off and free up cash flow? In my case, this would prevent 12k in interest charges in 25 years.
Craig Shannon Thank you for your comment and for subscribing ;)
If you're interested in discussing further, you can click here to get on my calendar: calendly.com/g12group/rick2?month=2023-01
If you would rather take my class, you can do that too: bit.ly/VelBan2
Thank you!
@@velocityc Thank you for responding. However, I elected to go ahead and pay it off from the HELOC just yesterday. It was my last loan. When I see the word loan, it's like when the Democrats hear the word/name Trump. I go into "loan derangement syndrome". Now, I'm much more happier that loan is no longer there. I celebrated with some good old barbeque afterwards. I'm only using about 30% of my home's equity in my HELOC which has a balance of 117k, in which by my calculation, I can pay it off in 19 to 24 months. I'm going to work on getting that balance down and look into adding a couple of more rentals later. Also, I will look at your site to see if there is anything I can benefit from there. Thanks for all you do. I hope more people hear and listen to your message because it works and I have proved it.