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Updated over 4 years ago on . Most recent reply

Ashley Dais's profile image
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Ashley Dais
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Ashley Dais's profile image
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Ashley Dais
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Ashley Dais
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Personal Finance

Velocity Banking Method

Ashley Dais
Posted

Has anyone used the velocity banking method? If so how did it work for you?

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Bill B.'s profile image
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Bill B.
  • #3 1031 Exchanges Contributor
  • Investor
  • from Las Vegas, NV
  • Member since Aug 3, 2013
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Bill B.'s profile image
Bill B.'s profile image
Bill B.
  • #3 1031 Exchanges Contributor
  • Investor
  • from Las Vegas, NV
  • Member since Aug 3, 2013
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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
9,511
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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
Replied

Sorry no. Watch the videos again. It’s OK at 6-10% interest rates when it was popular. They keep trying to revive it even as interest rates drop and it becomes a worse and worse deal. There’s NEVER been a worse time to not lock in long term FIXED rate loans. 

Simply click on the magnifying glass in upper right. It’s been debunked for years and years. 

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