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All Forum Posts by: R. Marcella Poole

R. Marcella Poole has started 1 posts and replied 16 times.

Post: Has anyone ever used the Velocity Banking Strategy?

R. Marcella PoolePosted
  • Rental Property Investor
  • Oak Hills, CA
  • Posts 16
  • Votes 3

Much appreciated-!

Post: Has anyone ever used the Velocity Banking Strategy?

R. Marcella PoolePosted
  • Rental Property Investor
  • Oak Hills, CA
  • Posts 16
  • Votes 3

Jeremy- In the interest of time I'm simply stating that it works-as it is working for me. I do not need to add 'additional helpful information' to this post because, as it's been stated previously, this is a two-year-old post filled with examples,  information and facts.  No need for me to restate...selling nothing here.

Post: Has anyone ever used the Velocity Banking Strategy?

R. Marcella PoolePosted
  • Rental Property Investor
  • Oak Hills, CA
  • Posts 16
  • Votes 3
Originally posted by @Jeremy Z.:
Originally posted by @Brian Cardwell:

Jim you are incorrect. It is ok though. If everyone understood how this works and used it, the banks wouldn't allow it.

 BS sales line alert! "Banks HATE him! Find out how Brian Cardwell does it using this one simple trick."

Anyone else ever notice how R. Marcella Poole pipes in around the same time with zero helpful information?

Oh yeah, I'll say it again. This CAN work, if you have a lot of money you don't intend to invest elsewhere (probably $20K-50K+ to make it worth it). Or... you could most likely just take out a HELOC when you need it!

Post: Has anyone ever used the Velocity Banking Strategy?

R. Marcella PoolePosted
  • Rental Property Investor
  • Oak Hills, CA
  • Posts 16
  • Votes 3

Not true. It works. Have you ever applied the strategy yourself?

Post: Velocity Banking Strategy

R. Marcella PoolePosted
  • Rental Property Investor
  • Oak Hills, CA
  • Posts 16
  • Votes 3

In Search Of:  An an aggregate software program recommendation for velocity banking please.  

We just bought into the idea that we can get a HELOC paid off quicker by putting all incomes against it and allowing the 5% interest to be saved by 'preventing' it's accumulation (as it's calculated daily on the balance). My current financial software (mvelopes) is ineffective in handling the transactions efficiently. I would greatly appreciate a recommendation to replace what I'm using that will allow me to track my first real estate investment. Thanks in advance~!

Post: Has anyone ever used the Velocity Banking Strategy?

R. Marcella PoolePosted
  • Rental Property Investor
  • Oak Hills, CA
  • Posts 16
  • Votes 3

This thread is invaluable; thank you all for sharing the tools, insight and feedback on this topic.