do you know you would need a life time of saved money to have 125k to renovate with
2025-04-15 23:58:40
39
David Wheeling :
I believe the bank call the loan anytime. And there’s been cases that they do.
2025-04-16 01:09:12
13
kylieallison23 :
I don’t trust banks
2025-07-20 19:42:27
0
gino_387 :
School is a joke,they don't give lessons how to earn more money. The modern slavery still exists.
2025-05-11 02:42:07
19
Louie Wissinger :
Where we getting the 125k to begin with?
2025-04-16 04:39:31
4
Kingchilla :
🤕 my brain because all my life I never heard this to even understand 2% of what he just said 😳
2025-07-02 02:18:57
0
Dburr0123 :
but you have to have money to start doing this. we have no money in America anymore.
2025-04-16 12:45:47
6
tankeryanker666 :
That sounds like horrible advice because then you owe on that loan and get hit with the interest just fix it and sell for more money then that money is more money in your pocket stay debt free
2025-04-15 20:02:39
16
D/WAYNE :
Why not put a dollar value on the renovation in conversation?
2025-04-16 22:28:52
1
WarrBucks :
Wait🤔If ur in to the house at 125.pay for. and they loan 150. Don't you still have repay that 150🤔 . Mabe I'm looking at this wrong🤣
2025-05-05 04:04:41
1
Gus NJ CAPO :
Not easy getting loans not easy finding the properties there’s a lot of things here to make it hard to do
2025-04-18 19:43:31
3
SexcyVamps :
What happens when recession hits and no one can afford to pay rent? The bank will take all your properties if you can’t make the monthly payments. 😳
2025-04-17 06:59:31
0
Komplexmynd :
What about the renovation cost?
2025-04-14 20:35:04
5
Chris Josh :
It’s a liability for the banks because they owe that money to the customer. Their own money is recorded as an asset
2025-04-15 04:28:40
73
tonytony7788 :
Banks don’t loan money!USERY it’s illegal. However, your signature creates what’s called new money through a loan/mortgage that becomes an asset to the bank. then sell your promissory note
2025-04-15 00:53:05
0
Charlie S862 :
Wrong. The bank can lend up to 90% OF your deposits. They’re required to keep 10% of your deposits. Which means they can lend $9,000 of your $10,000 deposit. Make sense? Otherwise, where would they get the other $90,000 in your example? It’s a bank not the federal reserve, they can’t print money.
2025-05-27 03:18:26
1
Ground Zero Society :
It’s not this easy. Please start off with sound financial advice. Build a mini emergency fund of $500-$1000, get out of debt, build a fully funded emergency fund. Invest in your education and learn
2025-04-15 10:05:44
1
So bad it’s good :
Nice speech, but you can’t buy broke down places anymore. You’re bidding with a room of hundred other people wanting to do the same thing.
2025-04-17 20:20:34
14
scrappynz :
There’s a lot of costs not mentioned here
2025-05-04 04:20:39
0
SuperHeroNinjaDadd :
how did u renovate the original.house with no money in? gotta have money to make money bud...
2025-05-01 20:46:04
0
Mike Stanley :
Where did money to renovate come from?
2025-04-30 13:46:16
0
once.i.was.me :
use a credit union
2025-05-02 03:17:18
0
Mikey :
Isn’t Fractional Reserve Banking the after effect of going away from the gold standard, where banks create money out of thin air without any actual capital collateral?
2025-05-03 21:00:09
0
Tony :
bro EVERY SINGLE time one of these dudes makes a video like this I already know they're gonna be like "yeah buy a house and flip it" as if literally ecery other tiktok money guru hasn't said the exact same thing.
2025-04-16 18:33:18
2
flamez :
sauce💀
2025-05-01 23:35:05
0
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