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Allow's claim you have a hundred thousand bucks in a financial institution, and after that you find it an investment, a syndication or something that you're wishing to place a hundred thousand into. Currently it's gone from the financial institution and it's in the syndication. It's either in the financial institution or the syndication, one of the 2, yet it's not in both.
It really is. And I try to assist people recognize, you understand, just how to increase that performance of their, their money to make sure that they can do even more with it. There's this concept. And I'm actually going to try to make this simple of utilizing an asset to acquire an additional property.
And after that you would certainly take an equity setting versus that and utilize it to acquire an additional home. You understand, that that's not an an international idea at all, correct?
And after that using that real estate to buy more genuine estate is that then you come to be highly exposed to realty, suggesting that it's all associated. Every one of those properties come to be associated. So in a decline, in the whole of the realty market, then when those, you understand, things begin to decline, which does occur.
It hasn't taken place in a while, however I don't understand. I bear in mind 2008 and 9 rather well. Uh, you understand, therefore you do not wish to have all of your possessions correlated. So what this does is it offers you a place to place money initially that is completely uncorrelated to the property market that is mosting likely to exist guaranteed and be ensured to raise in value with time that you can still have an extremely high collateralization factor or like a hundred percent collateralization of the cash value within these plans.
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I'm trying to make that as easy as feasible. Does that make sense to you Marco?
If they had a house worth a million bucks, that they had $500,000 paid off on, they can possibly obtain a $300,000 home equity line of debt due to the fact that they usually would obtain an 80 20 car loan to value on that. And they could obtain a $300,000 home equity line of credit report.
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Okay. There's a great deal of problems with doing that though, that this addresses with my strategy solves. For one thing, that credit score line is dealt with. In other words, it's going to remain at $300,000, regardless of for how long it goes, it's mosting likely to remain at 300,000, unless you go obtain a new evaluation and you get requalified financially, and you boost your line of credit, which is a big discomfort to do each time you place in cash, which is usually annually, you contribute new funding to among these specifically created bulletproof wealth plans that I produce for individuals, your interior credit line or your accessibility to resources rises yearly.
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