Oil Prices Higher, Inflation Worries, And Treasury Demand

• September 22, 2023
• realestatelife
• Podcast

The real estate path is not without its obstacles, but that doesn’t mean you have to painstakingly crawl your way to wealth and success. With an efficient and perfect financial GPS, you can get to your destination in the quickest way possible and navigate through the challenges you may run into during the process. Join Michael Harris as he equips you with it through invaluable advice, financial insights, and practical resources for effectively managing your loans and transforming debt into wealth. Discover a wealth of knowledge on real estate – whether you’re just beginning, advancing, or expanding your portfolio. From the right approach to purchasing a property, strategies to responsibly eliminate debt, to identifying red flags that plague the ever-fluctuating market, Michael covers it all in this podcast. Tune in as Michael gives you a sneak peek into what actualizing Your Real Estate Life looks like (and no, you don’t have to sacrifice your lifestyle and well-being along the way). Start making lots of money while saving lots of money today!

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Listen to the podcast here

Oil Prices Higher, Inflation Worries, And Treasury Demand

We have an exciting program. We’re looking at helping you navigate through the financial arena when it comes to your home loan. It’s gaining the right home loan, but once you have it, it is what you’re doing with it. It’s not set it and forget it. That’s what the banks and the financial institutions want you to do, make the payment, make the next payment, and continue on that path. You should be on time.

You should be making the payment, but if we can effectively attack early interest sooner by eliminating that interest, taking down the term of the loan, and effectively lowering your interest, that’s what I’m talking about. It is taking that 30-year loan down to single digits, in some cases, maybe slightly higher. Taking it down a third or half the time. As little as a third or half the time without changing your lifestyle, not refinancing is what I’m talking about. We’re making that difference for many people.

This program is to eliminate most of the interest in your life and pay off all your debts personal and business, even your mortgage. Those a third or half the normal time without refinancing without changing your lifestyle. I ask you, would you want to learn more about that? Why would you say no? If we’re not changing your lifestyle and we’re eliminating debt, it sounds like a plan to me.

We’ve been able to show individuals how to save $50,000, $100,000, $150,000 up to $400,000 plus. For some investors, we’ve been showing them how to take it up to seven figures of interest that will be gone. It’s understanding the principles of money. It’s not like I have to go give you a 40-year degree and go through, “My God.”

It’s having a couple of strategic meetings with you. Take a look at an opportunity, understand the premise of that opportunity, and allow that opportunity to work for you. You navigate through and do things using technology each and every day. Sometimes, you never realize it started. It’s just part of what it is, but how many of you went from, perhaps, even getting a pager back in the day to a cell phone making the pager obsolete?

Prior to the pager, or it was there at the same time, who remembers the pay phone? Some of you are saying, “Pay phones? What’s that? A phone boot? What?” Things have changed. We upgraded. We got more efficient. How many are still using roadmaps in your glove compartment? Do you still pull out those roadmaps and fold them? What you do is you plot it out, the whole family vacation. You put it on the wall. You put pin dots in, and you target it through. It became more of an art declaration for some offices now, where they’re looking at destinations and where things are on a larger scale on the maps.

Something more efficient is a perfect financial GPS, getting to your destination the quickest way possible, and also taking into account any of the obstacles that you may run into during the process to get to your destination. Zero. Eliminating interest in getting you to your debt-free date is what I’m talking about, having a burning your deed, mortgage, or note party. Eliminating the obligation and taking it to zero.

That can be done. It’s not a dream. You can have that lifestyle. No one has given you the map to show you. I would like to invite you to a Tuesday night webinar, at 6:00 PM, no obligation. You don’t have to be on camera and don’t have to speak. It’s a general meeting. Email me at Webinar@AheadForMoney.com. I will send you the invite, the location, and how to access it. With that, I’d like to send you out a pre-item for you to look at to get more familiar. I’d like to give you an additional three smaller links and a demonstration that you can review. If you choose to go to the webinar, fantastic. If you don’t and want to set up directly with me, and we could talk further one-on-one, I would be happy to do so.

Pay Less Interest Over The Life Of Your Loan

We’re here to make lots of money, but we’re here to save you lots of money. That’s my priority. You may have gotten into your obligation. Now, I’m going to get you the best way out of that. You still have the obligation, but I want to get you out the quickest way possible to pay less interest over the life of your loan. That’s the case in what I like to show you. It’s all about churning up your frequency by turning down your volume and doing it comfortably by not doing something that you can’t afford to do.

It’s utilizing your money more effectively, the timing, and other items to show you how you can eliminate early debt. We’ve shown individuals where they can get 6 months, 12 months, 18 months, and 24 months quickly further in their amortization process. An amortized loan is heavy interest early to be light interest at the end of the term.

You’re paying a lot more. You’re not even 50% interest until roughly 18 years to 21 years or 22 years in. The goal is to knock it down as fast as possible to get you into that. I’m in the mortgage industry. This is what I do. I help people with their cashflow. Hopefully, when I help you with your cashflow, then you’re applying it to eliminate interest. When I improve your cashflow, most people say, “Honey, we could afford this now. Let’s go buy this.”

You’re adding on to it rather than decreasing it. Sometimes, you’re going back and we’re shaped under that philosophy if you didn’t have the lending professional that was giving you your options. There’s a necessity in life, and I understand sometimes that occurs when you’re not affording your current need to consolidate to get a better spot. You can’t afford to continue on the path that you were on. There are decisions to be made, but it’s not about going back to calling up the fire department and the arsonist picks up the phone.

We don’t want you going further into a problem. Call now for your analysis. I want to know what is going on with your real estate life. Where are you with your finances? Are you down a path that you’re not sure when it’s going to end? Do you have your head in the sand, or you’re hoping it goes away? Let’s attack it together. I’ve seen individuals go down to single digits. I had a 62-year-old debt-free by 70. His path was at 90. I had someone who was in their 30s debt-free before their late 40s.

I want to put you in the right position possible for you and your family, making decisions and not cutting corners. Many of you have insurance renewals coming up. You’re seeing policy increases on your homeowner’s insurance by 39%, 40%, or 50%. If you’ve had a claim in the past, you may not even be able to get the renewal.

I want you ahead of that problem as well, but that’s your discretionary money. I want to make sure your discretionary money is moving properly so you can afford to pay off the priority debts and retain your credit score. That is very important when you’re looking at options and finance. There are options out there that can do dead items that will affect your credit. I’m not looking to hurt your credit or walk away from those items that you signed on to.

No one made you sign the items and had you buy that item that you bought. Quite honestly, I don’t want to pay for it for you. I’m looking for you to handle your obligations, but you’re not contracted to have to pay that interest because you can pay off the principal faster. I want to show you how that can be done effectively.

The Perfect Financial GPS

It’s not any tricks. If you’re a perfect financial genius, maybe you could do it yourself, but you’re getting 80% of what can be done with the perfect financial GPS and using that as an algorithm to make those perfect decisions and options for you. That is what I want to show you. I want no money left on the table. I want that money staying with you, whether you’re working 1 job, 2 jobs, 6 jobs, or 10 jobs.

I want to make sure you are effectively utilizing your money at the right time. If you’re self-employed, have a bonus, have overtime, and are salaried, it works. It’s looking at all cashflow. Whether you paid cash or other, it works. We are not looking to qualify you for a home loan under this program. We’re looking at your monthly cashflow. Is mom, dad, cousin, or friend giving you monthly money? Do you have a rental in your property where a loan can’t use that rental income, but this opportunity can show that and help you with that cashflow computation?

We want to show and help you understand where you can finish on top. We can look at the analysis and see if it makes sense about loans and refinancing. We can do that, but only if it makes sense. It’s consolidating or doing some home Improvements and other items, maybe doing stuff at a lower cost to save money at a later date additionally. We’re always about saving money. We want to get that done. Now, I’m going after the big boys, the big stuff. I want to save you thousands of dollars.

If I can’t do that, the opportunity is not right for you. I’m the first to tell you, “You’re doing great.” Maybe you look at it as an opportunity because maybe you even want additional monthly money coming in. I talked about that in the last episode. We had a number of individuals, including realtors, lenders, insurance, CPAs, and attorneys get involved because they want to help their clients understand money as well.

They want to free up that discretionary to allow them to then be able to provide retirement, solutions, and wealth. Also, on the attorney side, it was an interesting play that I’ve been talking about with others, but it came back at me because I didn’t mention it last time. When you’re going through a divorce, each spouse or the attorney values debt differently. If you had all these debts but would be able to retire so much sooner, you may value the debt more than you do something else, and maybe that negotiation will swing in your favor. That’s an interesting thought there.

If you’re an attorney, mediator, cash coach, or money coach, I’d love to talk to you about incorporating this into your programs of what you do in talking and educating clients. I’m running a promotion. I’m taking care of that. It’s $1 to be authorized to be an agent, but I’m not arming you to be dangerous. We’re doing coaching and participating. We’re doing combined sales in order to get you okay and comfortable.

I’m not looking to put another job on your plate. I’m looking to help your clients and others succeed when it comes to money, but I can help you get started at (888) 5433-980. I utilize this opportunity myself. I’ve taken 26.4 years down to 7.9 years on the mortgage. I shaved that much off. Being in money and finance is one of the ones I do myself. I’ve been doing it myself for years. I plan things with my children. Years ago, I did life policy. I was able to borrow off that life policy and have what is called the arbitrage or the differential and make money on the money. I’m borrowing, paying off more expensive debt, and becoming the bank.

I’ve done all that because that’s my knowledge. I was a Finance major. As a Finance major, I was still not a perfect financial GPS. That perfect financial GPS was able to shave another four years off roughly what I would have been doing. That four years in change would amount to a lot of money. If I take my monthly obligations and round them up, let’s say they’re $3,000 as far as the ones that need to be paid off, if I take $3,000 times 12, that’s $36,000, and 36 times 4, I’m at some $140,000. Why would I leave six figures on the table? I wouldn’t, and that’s why I jumped at the opportunity.

It made sense for me to do this, but it also allowed me to familiarize myself with how to explain or have other people do it who perhaps are not in the money arena or wanted to take the time to figure that out. Now, everyone has an opportunity to save and have decisions and opportunities presented to them in a way that’s very understandable.

Logging in, password-protected, your name and account numbers are not in the opportunity. They are not shown. If, God forbid, it was hacked, all it looks like is sophisticated numbers and accounting tools, and they don’t know where it belongs to. There’s nowhere to go. It looks pretty sophisticated, but there are no accounts and money. There’s no nothing. Nothing would be there to infringe upon your privacy. You have the ability to log in, execute, move forward, update balances, and do items very effectively. A lot of it is done without you.

It never sleeps. It is always thinking. It goes 90-days out. It can go much further based on input and future options that you want to discuss or do with the opportunity. I could show you that work. I can send you a demonstration. It’s very easy to understand. It is very basic knowledge and visuals. The opportunity in the links shows you what’s happening. It’s harder to explain it. Let us alleviate that headache. Let’s get you the right information and the right medicine.

Send me an email. You can register for the webinar at Webinar@AheadForMoney.com. If you can’t go to the webinar, let me know, “I can’t attend the webinar, but I like the information.” I have your email in that case. If I can get your phone number so I can send it via text or email and your name, that would be great. I can input that in. If you’re attending the webinar, I want to make sure I see you or understand if you attend it so I can follow up properly, find out what you liked or didn’t like, or if it’s right for you.

I want to make sure your journey to start is comfortable, whether you take the exit out, that’s fine, or you continue down the path where we work together, and I can get you further down into your goals and eliminate debt. That’s what I’m doing here. I’ve been on the radio and the lending business for many years. I’ve helped people and clients over many years. In some cases, I have fourth-generation clients where I’ve met their great-grandparents. It transcends. It goes over many different things and understanding the family, their finances, and their history.

It’s an honor to have been a service. It was my 40th high school reunion, so that aged me into that thought. It’s interesting when you start looking at that, and you have people calling you, saying, “I don’t know if you remember me. I was in your,” and you start picturing them one way, then you realize there is a different way, and so am I. I always tell people over the years in the business that I’ve lost my hair, but I keep my brain cells in. That’s the goal.

Your Real Estate Life

The bottom line is I’m here to help and service those who need assistance or do not need assistance but do it a little bit better when it comes to finances and money. Call me now, (888) 5433-980. I want to help and talk to you about your real estate life. I mentioned about interest rates being higher than they were in January 2021. We saw 2.625% in the interest rate, but now, we’re looking at close to 7% or 7.25%.

Affordability becomes the issue because monthly payments have gone up, but that’s where we have to get correct to your timing and what you’re looking to do. When you’re looking at rent, it is also high. You have that, “Where am I buying a place? Am I in the main area? Am I outside the area?” That’s where good realtors could come into play. I don’t list and sell. I refer. I handle financing. I will help you with your financing once you close as well to make sure you’re not stuck in the home, the deadbolt goes, and you can’t get that moved out.

I want to make sure you are moving forward and making sure you have made the right decision and don’t have hindsight. In the early ‘80s, we had 30-year fixed rates that were up at 18%. People were making far less money than they are now, but housing was cheaper. It correlates and moves, but it still was 18%. Imagine what the cost of money was there and the interest volume on that because it was an amortized loan.

Now, 10% equity line. A home equity line of credit is cheaper than a 3% amortized loan for those ten years because that ten-year interest only is 10%. For the first ten years on your amortized loan, you’re paying well over 50% in a lot of cases. Let me show you the math and how it can work to your favor and not just go, “It’s fine. It’ll be good. I got a good rate.” You got a good rate, but it’s how the rates being paid back make a big difference.

If I told you that you were at 2.65% and it was an interest-only loan, then that is your interest. Anything you paid above that would have been reducing principle. Instead, that 2.65% rate, you’re paying 62% interest, and anything above is knocking off the principal, but 62% of that payment is going. You’re throwing money aside until benefiting much later when you may not even be in the property.

Maybe you’re getting a new loan starting over, but you don’t have to start over. I want to show you how you can utilize money to your advantage. There are so many ways to do that. We have investors who are using DSCR loans or Debt Service Coverage Ratio loans where they’re able to get loans. Even first-time home buyers are getting 40 or 30-year interest-only options available when they have higher credit scores.

That goes into the whole factor that I said, interest-only to reduce principal as needed or have cashflow as an investor to then create income with rents. There are so many positives that can be utilized with investor loans, DSCR, and interest-only when you understand the principles of utilizing those and why. It’s playing with money as a business opportunity and doing it not by guessing but by doing it right, whether you’re buying real estate with an Investment trust or flipping homes. It’s not as easy as you see on some of those half-hour programs on TV. The home just snaps and goes from here to here.

They show you some of the problems, but there are a lot. It can be considerably profitable if you have the right team, whether you’re purchasing rental property, gaining doors for rent, or even renting a room in your home, but making sure you have the right tenant or maybe having an ADU or Accessory Dwelling Unit and you have the space and the zoning possible to do so. Maybe you’re doing that as well.

There are a lot of ways that real estate can help you, but you need to determine your why. What is your why? Are you looking to pay down debt? Are you looking to sustain, and hopefully, it goes away and stays on the path? What is your why? What is the issue going on with your finances? We need to identify that. It starts with you. Stop complaining and let’s do something about it. Let’s effectively look at something to help manage that so you can be on a better path.

I want you to stop comparing yourself to others. This is you. When other people have problems and you go in and help solve them, what happens when you have a problem? Are other people helping you? I want to help you when it comes to your potential issues when it comes to problem-solving. I want to make sure I am there for you, and that you have a resource. If I can’t help you directly, I’m going to refer you to the right professional, but I want to be there for you.

I want you to stay positive and as positive as we can be. We’re going to identify a path, start going down that path, and make progress. It takes you to participate. It takes you to effectively be a part of the process. It’s not going to happen without your participation, and I’m asking for that now. (888) 5433-980, that’s our phone number. You can email to participate in our webinar on Tuesday evening. That’s at 6:00 PM on the West Coast, Webinar@AheadForMoney.com.

I’ll give it out to my personal direct email for United Mortgage Corporation of America, Michael@United4Loans.com. You can email me directly, but I will see the webinar email as well. When you email us, I’m going to respond with the right information, whether it’s links and items for you to move forward. I want to make sure that happens for you. Let us talk about money and how you can more effectively manage that money to have more money and wealth on your side of the ledger.

Accelerate Your Debt-Free Date: Become The Bank

You see all the big buildings and the towers. Whose names are on? Insurance companies and banks because they’re taking early interest when it comes to monthly payments. Their money’s coming in. When you have an amortized loan, an amortized loan is where it’s heavy in the earlier years in interest and lesser on the back end. It’s skewed heavily forward. When you look at that monthly statement, most of that money, 60% or 70%, or 80% most, is going towards interest.

There is a lot less at the principal. When we look at some of these loans, we see up to 84% of the payment going toward interest. It is a very little dent at the principal. If we were able to move the needle further, six months down, and get further in your amortization schedule, we’re going to get more principal and move faster towards 50/50. Now, 50/50 usually comes between roughly 18 to 22 years, but we’re going to move that needle faster, retiring the debt.

Once we start doing that and start retiring other debts, then applying some of that discretionary elsewhere, we’re able to accelerate your debt-free date. We’re going to run those numbers for the perfect computation and illustrate that for you. See that that 30-year, 28-year, or whatever amount you have now is going to go down a third or half of its current without refinancing and changing your lifestyle. That is what I would like to illustrate for you.

You need to find out more. You do. On the path, we’re looking at getting you finance pre-approval when it comes to buying a home, whether you’re refinancing, moving forward, or going up, down, or sideways, adding to your portfolio. That is what I do. I’m President and CEO of United Mortgage Corporation of America. I’ve been in the mortgage industry now for many years.

In doing that, we’re directly helping consumers and clients in California, Colorado, Montana, Texas, and the state of Washington. We’re also helping people in a total of 35 different other states when it comes to DSCR loans, Debt Service Coverage Ratio loans, income-producing property. We are getting them qualified and handling the financing, whether it’s in Arkansas, Alabama, Connecticut, DC, Delaware, Florida, or Georgia. Some of the more popular, whether it’s in Hawaii, Kentucky, or Louisiana, whether we’re helping people in Maryland, Maine, Mississippi, North Carolina, South Carolina, or Tennessee. We’re all over the map, 35 different states.

If I didn’t mention the state, check in with me. I could probably help you or refer you to the proper licensed individual. We don’t list and sell. We handle financing, but I also take a look at when you have financing, whether it’s done with me or elsewhere, make sure that you are efficiently paying that interest in the best way possible. Interest rate is important but not as important as you may think. It’s the interest of the volume of the loan and how that loan is being paid back.

It’s understanding the principles of money and how other vehicles and other items may be better at handling that interest faster, whether it’s utilizing home equity lines of credit, insurance products, or vehicles. Your insurance and financial professionals out there, you know what I am talking about. It’s becoming the bank. It is utilizing your policy to use the arbitrage of differential to borrow from yourself why you are earning interest on that money, even though you’re using it and borrowing that money as well.

You’re basically getting both. You’re paying off debt and creating wealth at the same time to lead to more heavy toward wealth at a later date. There are so many more things that money can do for you. I am licensed for life, health, and disability in the state of California. I don’t practice, sell, or close that product, but I refer and understand it. I want to help show you the proper way to maneuver your finances to become the bank, but we need to start at a certain position or level based on where you are.

I have clients that have utilized this. They’ve had road bumps in the way. Now, they’re getting back on the path. I’ve had other clients who have no idea what I’m talking about, and that’s great. That’s fine, but we’re going to go position by position, checking and savings, possible equity through a HELOC, looking at health and items, and seeing what can be done. Based upon freeing up discretionary and having it make sense, then decisions can be made.

Otherwise, we go on, and we save a third or half the interest, and then we look to pick it up from there. On my journey, I was able to save quite a bit. I was able to utilize the value of an equity line of credit. I was able to obtain that in my home. I have the ability and usage of that. I also have the life policy that I had, which I was able to borrow from that. Also, during emergency times, I was able to borrow when I had some health-related issues years ago.

It allows you to have that cushion or the ability to utilize it in order to eliminate debt. It can get you through a more difficult time or accelerate the good time. I want to show you how you can use this to your advantage. I was looking at the economic calendar. We have a homebuilder conference coming out. We have housing starts and building permits coming out. We’ll see how the home builders are doing.

I know in certain states and certain areas, we still have land. In other areas, the land’s not there. Also, it’s more cost-effective for what they’re doing. Some builders I’ve seen now are starting to build very small homes to make affordable housing. Sometimes, the cost-effectiveness is good or bad, depending on the neighbor or the area. We’re trying to see what’s going on there, but we’re trying to have the confidence of individuals who are able to afford housing to be homeowners.

We want the advantages, whatever tax advantages. Check with your CPA, financial planner, or enrolled agent about that. You want to make sure you’re making those decisions for the right reasons and doing that ahead versus behind, not afterward. Also, you have to look at your insurance options and make sure that where you’re buying is insurable. Make sure which carriers are covering those markets. As I mentioned, some renewals are coming out, and people are seeing up to 40% increases in their annual policies.

That right away is another pain. We got to figure out how to save or gain that money back. We will have the interest rate decision by the Fed. When we come back for our program next episode, we’ll be talking about that Fed decision that was made. We’re going to see Powell. Chairman Powell is going to have his news conference shortly thereafter the announcement. We have initial jobless claims, Philadelphia Fed manufacturing. We have the US account deficit leading economic indicators of existing home sales. It’s packed after that Fed meeting, and we’re still watching the market to gyrate on the information.

We have US services PMI for manufacturing as well. There is a lot of S&P stuff. We have things coming out. As I watched these items as we headed toward the end of September, it’s very key as you then go into six weeks later the decision of the Fed in November. What we think the Fed may not do anything in September, we got to watch the words carefully about leaving the option open for that move in November.

We’re going to watch that very carefully and understand where that means and what that means for interest rates and mortgage rates. The bottom line, you may not be in the interest rate market. You may have no desire to get a home loan. I got you, but if I can effectively show you how you can look to eliminate interest early up to a third or half of that interest where your debt-free date is moving up faster by you doing nothing different but doing it more effectively, that is what I want to talk to you about. Eliminate looking to do that in a third or half the time. I want to talk to you, Webinar@AheadForMoney.com or call us at (888) 5433-980.

I’ve been able to help individuals, my current clients, past clients, and future clients, and you, our reader, eliminate interest sooner. It’s not what I lead with. I’m a mortgage banker. I operate a mortgage banking company. I’m approved in five states and lend up to 35 states when it comes to DCSR or Debt Service Coverage Ratio loans. The five states are California, Colorado, Montana, Texas, and the state of Washington.

We help people with forward and reverse. We help people with zero down payment VA and FHA 3.5%, USDA, and agricultural. We do commercial and construction. When we gain those interest rates based on the economy, my goal is to eliminate that interest debt as soon as possible. I am utilizing the power of money and finance in order to use those principles to help eliminate your term of the loan faster, creating more equity, and freeing up cashflow once you eliminate these debts, whether they’re credit card debts, car payments, or student loans started accruing again in September. Some of you are paying based on income-related items, and some of you have a large payment and don’t know what to do.

It’s interesting when you ask people about their debt, “The student loan doesn’t count.” It does. Some people say, “I have no debt. I only have two mortgages. All I have is a car and a mortgage.” That’s a debt. If I could take that mortgage and car or mortgage or car only with credit cards and take it down a third or half the time without changing your lifestyle, wouldn’t you want to learn more? Why do you want to pay somebody else when you don’t have to? That’s your money. You work hard. You need to keep it.

Let me show you a better way, (888) 5433-980. When you make that call, say, “Mike, I want you to send me some material. Here’s my name and my email.” Send it out and let me look at it. I’ll get back to you. That’s all you need to say. That’s it. If you don’t get the team live, that’s all I need. I’m going to jump on that and get that stuff out to you the same day. I want to know your opinion. What did you think? You can tell me, “It’s a bunch of crap.” I’m glad you know, but it’s doing something for me. It’s saving me six figures.

On A Crusade To Save Money, One Family At A Time

If I was doing it on my own, I’d be saving that amount, but I’m saving a lot more than that because I was already utilizing a lot of the principals without even being a part and a trainer for the product and the program. I want to show you how you can be in control of your finances with a perfect financial GPS program where you’re not pulling out road maps and pinning them on the wall and guessing. You’re not throwing darts and, hopefully, getting close to the target. You’re hitting the bullseye. You’re hitting exactly where you want to go when you want to do it and optimizing the result. I need you on that track because I want to save you money.

I’m on a crusade. I want to save one family at a time and one client at a time. I want to save you money, and I want you to be part of that. This is not only for individuals who are in trouble. We have people wealthy individuals doing phenomenally well who were able to take a whole of the debt, create more wealth, more doors, and more items for your future and your family’s future.

We want to help you bring up your credit scores, maintain credit scores, and even go higher. We want to give you the ability to buy a property if that’s what you want to do every year. Set the scale, put it in future analysis, saying what it needs to do and when it will be paid off. We had an individual who had a property. They have a rental property. They designed to buy another rental property we put in the future purchase. Now, we decided to put in another one a year later and another one a year later.

We were showing them what the program can do. We had all of the mortgages, including the ones they didn’t even have. We had everything paid off in eighteen years. That’s like five properties. Eighteen years for five properties, where each one was 30 years apiece and could have been 100 in some odd years. I know they were working together, and they’re not concurrently backing each other, but if you get the idea, all of the properties were able to get taken care of in that timeline, not leaving any money on the table in any decision.

It’s not the most optimal. Life does happen, and changes do occur, so things may jiggle up and down. You also have more income that comes in on a periodic basis. I have a rental property, and now, the tower is being de-converted back into apartments, and we’re being bought out. I’m on the board, and I’m working through that, but I’ll be getting money coming out of that that will go back to work somewhere else, then changing some of that.

Some of those progressions will move a little bit. The fact of the matter is it will move slightly better based on what’s been in the property in the equity position. I’m able to move that over, but it’s still non-taxable. Again, it complicated us. There’s a situation there. Not to go totally into it, but there are ways that we can show you how that can be done. You can check with your CPA or tax preparer. I’m not a CPA. I don’t have a license for that. That’s not what I do. I’m not an attorney. You have professionals on your team. I’m one of those other professionals in your corner.

I want to send you information regarding this and how it works for you and illustrate how you’re able to keep more money in your pocket. We’re going to sew up that little hole in the bottom of your pocket where you got change dripping out. We’re going to make that work better for you. Interest rate versus interest volume saves you money. That’s where the banks are making the money. In those early years, they’re getting all that interest, and they recycle and keep doing it. They keep getting more interest up front.

When you think you’re paying them at 3%, they’re getting 62%. That’s the difference, and that’s where the money comes in. They’re able to then take care of all these items and have those profits. The issue we have now with less financing going on, they’re not seeing those 62% coming in. It’s much harder to pay all the salaries, all the people, and all the things they do. Now they’re like, “We only lost $120 million this quarter.”

All the months and all the years that they’ve been making in different cycles, this is where they draw from those funds. You have a lot of smaller companies not able to maintain or stay in business as a result of the margins. Sometimes, it’s more costly to originate alone than it is not to originate alone. The company makes a decision no longer to originate and they get out of the business. You also have people who are waiting for someone to trip so they can go ahead and watch them fall, then try to scoop it up and get discounts on the assets.

It’s a very interesting sense of the business now, but my goal is to make sure you’re coming out on top, you’re going to finish there and be comfortable, whether you’re happy with your current loan. Maybe you’re looking at the possibility. We can look in a lot of equity lines or lines of credit to go in conjunction to be there as a backup. You always want to have a backup plan because when you need the backup plan, it’s no longer there for you.

I want to make sure you’re planning is correct. We isolate, understand, and look at your goals. We’re able to put those in action for you, whether it’s a forward loan, cash out, or consolidation, leading to debt elimination sooner. That’s not making the principal go away. That’s making interest go away faster. You are responsible for the principle you set out to do. We’re not damaging your credit by having you do something different and waiting for that to come back.

You need to understand what you sign, what you’re doing with me and others, and understand and have it explained so you know and don’t have that hindsight in going, “Should I?” I’m going to give you everything you need and understand, and you’ll see that. You’re going to have me there as a support. You’ll have customer service as support. You’ll have a guarantee of those results. You follow the program.

I want to make that happen for you. If you want to find out more, you have a choice. You can attend on Tuesday evening at 6:00 PM, West Coast time, or webinar. You can email me at Webinar@AheadForMoney.com. When you send that, say, “I’d like to attend Tuesday night.” I’m going to send you back the links in order to gain access. You don’t have to talk and be on camera. It’s up to you. I will be there. It’s going to be led by our corporate office.

There’s going to be a young lady leading the discussion and presentation. I can do that presentation directly to you, with you, and go over and make it personal. We can set a time on my calendar and do that. I have no problem doing that, but Tuesday is a way that you can go watch comfortably with others. If you want to set up a time, I can do that directly with you, understand your why, what you want to do, and what you’re trying to accomplish.

We can discuss it, go over it, and set up a second meeting to dive in deeper to get your numbers run. This is not going to be rushed. This is not going to be once, boom, and you’re done. It’s going to be a once, seeing if it makes sense for you to have a second appointment, and seeing if the opportunity is right for you.

It may not be right for everyone, whether it’s not right financially or psychologically. It’s up to you, but I need you to understand and explore that there is a better way, like when you change from roadmaps in your car to a GPS or utilizing your phone. You change technology. You went from a typewriter to an electric typewriter to now a computer. You may change this in your life. You may have fought them as you were doing it because you knew how to do that the better, but you made more efficiency and changes.

This is one of them that I like to show you and have you save time and money. We’re talking to a lot of individuals who are still in the housing market looking to purchase. We’re still seeing in certain areas prices moving higher and multiple offers still coming in. We are having an inventory issue. We’re finding out the serious buyers as we are now in the end of the year process. People in the market are serious at this point. We have less inventory, and we’re trying to see what that’s going to do.

There’s been talks about changing the capital gains rules and all that. We’ll see if that makes any difference. We’re going to see what funding is going to be doing with the government. We’re seeing the demand overseas and buying treasuries or selling treasuries and the strength of the dollar. We’ve been talking about that. All these things come into play, but we’re waiting on that Fed meeting. We’re going to see the interpretation of some of these items if the Fed’s on hold and possibly looking at November.

As we head to November, then we’re going to see what happens. Right about Thanksgiving time, we always get the information regarding the loan limits. We’ve gone up and up, and people are saying, “With the loan volume of what it is, we get to see the new loan limits.” We didn’t see a decrease and prices overall for housing. With that being said, we’re probably going to have an increase. The loan limits might go up a little bit again.

As much as we think they’re too high, in some cases, they might go up a little bit further, so I don’t think they’re going down. We didn’t see a big decrease as it is in the values of property. Those are holding on nicely, but we’ll see. We’re in a different mindset from where we were previously when values did go down. The issue here is our differences. We don’t have inventory. Until inventory is correct somehow and someway, then we don’t have that ability. That’s affordability as well.

If you want to have a big discussion on that, I’m glad to do so, (888) 5433-980. We’re still seeing interest rates with the 6 and 7 handle on them. If you’re buying what is called an ITIN or Individual Taxpayer Identification Number for those who do not have a Social Security number, who are looking to get involved who are renting, those rates can vary from 7% up to 11%. 11% is when you’re putting down 10% or 11% down payment or higher LTV or Loan-To-Value, less down payment.

You need to have a good credit score working for you and be able to qualify based on your debt-to-income ratio. If we’re putting down 20%, we can look at bank statements and cashflow. I have loans for conventional or for consumers who have Social Security that I can do what is called Non-QM, non-Qualified Mortgages, where we can look at 3 months, 6 months, 12 months, and 24 months bank statements and gain a return on cashflow.

Based on cashflow, that means you’re not showing in on your tax return, but you have the cashflow, and you’re using deductibles and deductions that you can use legally. You’re paying less on your taxes to Uncle Sam, but you might be paying more monthly on your monthly mortgage. I would like to show you how we can attack that monthly mortgage with those cashflow and discretionary to eliminate that interest and take down the effective yield.

When you’re signing loan documents or even going through the process, you have a closing disclosure that goes out, and within your loan documents, you have a page that has a total interest paid page. It’s going to show the amount financed, which is your loan amount minus the cost to obtain to compute the APR. You’ll have that there, too. You’re going to have the amount paid over the life of the loan. You can have the interest amount, the amount financed, and the total amount.

On the bottom, it’s going to say, “Total interest paid.” In parentheses, it’s going to say tip. That is the tip you are paying the bank. It’s the percentage of interest that you’re paying over the life of the loan. Where you got a rate of 6%, maybe higher in this market and 3% in other markets, you’re going to be paying 52% or 54% over the life of the loan. As I said, you’re paying a lot higher, then it starts balancing out, and you end up right about that 50% mark. You may only end up with the 2% differential overall over the life of the loan if you go the whole term, even though it balances it out later, balancing back to 50/50. I want to help you understand where your money goes and where you can be sending it otherwise to put the scales back in your favor.

Let me work with you. I want to be on your team and your teammate. When you have a successful team, you have the quarterback, running back, wide receivers, and then the line. The line could be the most important thing. We need to make sure we’re working in unison. Your team is working for you so you can have success. I want to make sure if you’re looking at baseball now, you finish on top. Even in football, only one team finishes on top at the end of the year.

They may have had a successful campaign, but only one team finished on top. I want that to be you with your finances. I don’t want you to settle for second best. You may not know the rules completely, but let’s set the table and make it happen together. I do appreciate you joining me. It’s been a pleasure talking to you about your finances and getting a better road down for the future. Until the next episode. What kind of loan do you have?

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I mentioned that we have harmful headwinds now. We have student loans accruing interest as of 9/01. We have loan payments that start being paid on 10/1. The clipping of the GDP is about 1/5 of a point. Additionally, the odds that 10/1 government closures are rising. That would knock an astounding 1/5 of the point of a GDP again. Increasingly, we saw things going on the possible strikes with 4GM and various others. All these things are important, and we are watching them carefully for you. I want to make sure your real estate life and your finances are heading in the right direction based on outside influences. Give us a call now at (888) 5433-980.

Important Links

• Webinar@AheadForMoney.com
• Michael@United4Loans.com
• United Mortgage Corporation of America