All Forum Posts by: Nate Marshall

I have not signed up with them as of yet. They will be back in Denver in a few weeks and I will schedule an appointment to set my trust up.

I also believe you can get something similar to this with the www.wyomingcompany.com as they have a spendthrift trust and a lot of business services. I will be relocating my company at least on paper to Wyoming.

I believe it's Platinum Financing Group. Bruce Mack. He did a presentation at the event Adam Adams did in Denver a few weeks ago. It's an incredible product and it offers deferments, asset protection and a trust.

They also help businesses with credit. 

If I had $500,000.00 I would look at setting up a Titanium Trust with Platinum Finance and use it to lend from. You would defer a lot of taxes, have a spendthrift trust that would protect your family long after your grandchildren are gone and you could earn substantial returns on the loans you make which would be serviced by a 3rd party company. It's possible you could turn that 500 into 1 million in 3-5 years!

You could do a lot more with $25,000.00 than pay for that guru. If you want to get education work with a company where that investment comes with 100% funding. Lee Arnold offers that with any of his masters courses. You get 100% of purchase, rehab and closing costs. And he reimburses you after 4 deals.

Other opportunities are out there but don't spend 25K on a single guru.

If you're looking for 100% funding it's only out there is you have a true equity partner or you invest into an education program where they give you 100% of purchase price, rehab and closing costs. Lee Arnold has this available to any students in any of 5 master level courses.

You will need to have 10% cash at closing plus closing costs and reserves in your bank accounts. Some lenders like COGO and Groundfloor will charge a small application fee plus you may be asked to pay for the appraisal. 

Expect to pay 2-5 points and 9-16%. Average is 12% over 12 months. You will pay a servicing company they arrange. 

Check city and county regulations but it would be a great investment in Boulder.

Have you looked into Lien and Nuisance Property Abatement as a strategy? A lot of good deals can be had by approaching and developing relationships with city and county officials. There is a major city in the US that spends 15 million a year demolishing vacant houses. Great opportunity to acquire them for 1000 and under maybe even a dollar and wholesale them.

The only lenders doing anything close to 5% are on long term rental products. Like 15 30 years or so. You can get close to 5 but generally closer to 7%. 

There are some legit lenders like COGO and Groundfloor who charge minimal application fees but mainly to discourage tirekickers because they do have a cost associated with processing loans. $199.00 for the most part.

Other than it's probably a scam. 

Are you looking for lenders or investors? There is a difference between the two but a fineline in some cases.

It's catchy and gets people in the door:

"want to flip houses using none of your own money!"

"such and such city is perfect for my 3 step process!"

They hook them and then turn up the pressure during the sales pitch at the seminar. Why doesn't anyone actually teach something. At least when Lee Arnold does his funding tours they're 3 days of solid information. They also are the lender and want to help people access their money and eventually become the lender themselves. 

Educate, Teach and Mentor don't create dream that is for some never going to be achieved.