All Forum Posts by: Renee Bridwell

I have had quite a few people reach out to me about Velocity Banking from this post, so I have decided to offer a free, live Zoom presentation TOMORROW (Saturday 09/22/18) @ 8:00 p.m. Mountain time to demonstrate how it can work for pretty much everyone. Message me with your name & email, & I will send you the login!

Messaged you Richard :)

Wow, there's a lot of opinions about this here. This isn't a magic trick. There's no smoke and mirrors.

1. James Kendrick, I'm afraid your "good old days" posts contain information that is not accurate. I've been in the mortgage business since 1999. There are 1st lien HELOCs still available, as well as 2nd lien HELOCs. It doesn't matter what rate you have on your 1st mortgage. The HELOC doesn't even matter. You can even do this strategy with a credit card or personal line of credit. The scenario I love to show people is doing this with a credit card that has 21% interest, just to show how the way society thinks about interest needs to change. Also, I cringe when I see or hear Suze Orman or Dave Ramsey. They offer terrible advice. I suppose they serve a purpose for some people for short term, but their solutions are eating beans and rice to survive, throw all of your money to pay down debt, switch to a 1 year fixed mortgage, etc. The Velocity Banking strategy is SO MUCH BETTER! You don't have to change your lifestyle. You still have access to that extra $ you're paying toward your debt if you need it. If you just make extra payments on your loans, that money is gone. You can't swipe your 1 year fixed mortgage at the gas pump or grocery store if you need it.

2. Alyse Azeveo, it doesn't surprise me that you can't do your Bill pay with a LOC. Online bill pay is set up for a checking account. However, HELOCs come either with checks or debit cards. You would use that to pay your bills. Or set up automatic payments with your creditors.

3. But it's part of an Education package (which I purchased myself) that teaches it in depth, along with so many other money saving and money making topics and strategies. It's for financial literacy. Tax and Legal strategies to help you pay 2/3 less taxes. How to use self-directed retirement accounts to invest in real estate. Understanding credit, Real Estate Red Flags, Real Estate Essentials, and several other classes...and it's only $1997.  If someone can't see the value in having these tools and only paying $1997 (which is tax deductible by the way) to save tens of thousands of dollars in interest & taxes, then that's unfortunate. There's a time when a "free" video or blog can be helpful, but would you want to fly in a plane that had a Pilot who learned how to fly after a free online tutorial? How about a Surgeon? How about a Lawyer, a Mechanic, etc.? Quality education is important. Knowledge is the key to wealth and financial freedom. I happened to pay $20,000 to be able to access not only financial literacy education (which has saved us thousands already), but also multiple investment strategies taught by practitioner-instructors who make over a million dollars annually practicing what they teach.

@Hardeep Singh I’ll get you some info. Depending on what your cash flow is depends on how fast you can pay that car loan off

Oh, how misinformed the people on this thread are! Don, the presentation you sat through might not have effectively demonstrated this strategy. Because it absolutely does work, and if you understand the difference between simple interest and compound interest, it will make more sense. I've been in the Mortgage business for over 15 years and I understand this strategy. NO, you don't have to be more disciplined. It's all about a paradigm shift. We have been brainwashed into thinking the traditional way of banking and the traditional mortgage is normal and acceptable. Everyone is most interested in obtaining the lowest rate. The velocity banking strategy is so much better. You can pay your 5-6 yr auto loan off in 5-6 months. The 30 yr mortgage off in about 7  years. It's not about making extra payments. What happens when you make extra payments on your mortgage? That money is gone. Unless you refinance. You can't swipe your mortgage to pay for gas or groceries if you need it... And yes, there is an education that goes along with it. You can do it for $1997, which by the way, is 100% tax deductible. It's a business write off. It's funny, people are quite alright paying around 3% in closing costs on a traditional mortgage, but balk about the cost of the education that helps you save HUNDREDS OF THOUSANDS OF DOLLARS! 

AND, once you have your debt paid off, all of those payments equal 100% cash flow. Plus you still have that line of credit...what do you do with it? YOU USE IT TO BUY INVESTMENT PROPERTIES!!!

Any of you please feel free to contact me and I would be happy to help you understand it and make this strategy work for you! 

Starts promptly at 10:00 a.m. Please arrive a few minutes early. You'll get to walk around and see firsthand a local fix & flip project in progress and ask questions. You'll learn about how this deal was put together, the planned repairs/upgrades/additions and we will cover all of the numbers including the projected profit. Then we're going to share what we've learned to maximize our real estate business and accelerate our lifestyle goals.

Must RSVP as space is limited. Message me for address.

Hi Jeff, I sent you a note.

Come and see one of our fix and flip projects!  See how it was acquired, renovations, financing, profits, etc. We will also be discussing the 4 pillars of wealth and how you can achieve amazing results! We have a special guest from Utah joining us, you don't want to miss out! Email me for details and the address.

Thursday evening starting at 7 PM sharp. It will be held at Finance Of America's conference room 855 W Broad St Ste 100 Boise, ID 83702 (Under Ha'Penny)

I would recommend arriving about 10 to 15 minutes early to park (parking garage on 9th, parking spots in BODO are limited) and make it to the conference room easily by 7 o'clock this will allow you to network with some of the investors you could be working with.

To be clear, this isn't about a sales pitch, we're providing a life changing opportunity.

We will be showing you how you can receive proper education from the top Real Estate Investment Education Company in the nation.

Watching a couple of videos online and/or reading a couple of books thinking you're going to become an expert is a recipe for disaster!

Would you consider a Physician who received training by watching a couple of videos or read a couple of books? How about a Pilot, an Attorney, a Realtor, a Mortgage Professional, a Mechanic...

I think you get the picture. Get educated! And you don't have to do it alone. We will show you our network (your network equals your net worth!), along with Mentors, group and one on one coaching, endless resources.

If you want to make serious money as an Investor, it's time to be serious about training and education!

We personally enrolled in the education, and we are showing others how to receive the same amazing opportunities!

Multiple investment strategies, maximize your ROI, how to find all the money you could ever need to fund your deals-and not have to use your own money or credit.

Overcome the obstacles that are keeping you from taking your investing to the next level.

Plus so much more!

Hi Abdul,

Please send me details to [email protected]