Lashawn E. Mikell

Happy Thursday!!! Tip of the Day: Using Credit for Real Estate Investing: Business LLCs:

Using a business LLC to build business credit to help you finance other investments such as real estate purchases. You can also use LLCs to shield rental property. Other options:

1. Investment Line of Credit.
2. Business Credit Cards.
3. Equity from rental property or other real estate via equity value.

Happy Wednesday!!! Tip of the Day: Using Credit for Real Estate Investing- Other Tools:

1. Fix & Flip Method- purchase property, renovate and sell it.
2. Private Loans & Investors.
3. Hard Money Loans.

Happy Tuesday!!! Tip of the Day: Using Credit for Real Estate Investing: Types of Lines of Credit:
1. HELOC.
2. Business LOC.
3 Portfolio LOC.

Happy Thursday!!! Tip of the Day: Using SBLOC and Understanding Margin Call as Investing Tools:

1. Securities Based Line of Credit: Using investments such as bonds and mutual funds for investing purposes:
a. Usually non-retirement accounts.
b. Borrow against your existing investment portfolio without selling any of it.
c. Usually have liquidity and cannot be used to buy more securities.
Risk: if market fluctuates, lender may make you pay back loans at a quicker rate.

2. Margin Call: Borrowing on the margins is when a lender allows you to use money from your portfolio to invest. However, a margin call is when a lender may make you sell assets quickly or deposit money into account if investment value drops for any reason.

Happy Wednesday!!! Tip of the Day: Home Equity Loan for Investment Tool:

Use home equity or line of credit (HELOC) to borrow to invest:

1. Usually require some time to set up.
2. Has better loan to value ratios.
3. Access to larger amount of money for a longer period of time.
4. Risk: harder to sell and subject to interest rate changes.

Happy Tuesday!!! Tip of the Day: Leveraging Credit as an Investment Tool:

Leveraging Credit maximizes gains and losses in using credit for investing. How it works:
1. Take a loan out with your credit.
2. Borrow against your credit or some type of line of credit/ equity.
3. Investment Return must outpace the loan's interest rate on a consistent basis for the investment to be successful.