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| *Loan,banking and credit>>>credit line |
Would you pay $50K for a shelf corporation that has $1,000,000.00 line of bank credit.? |
Purchases can only be used for real estate purchases such as,investment properties,new construction,rehab,condos etc. Why would I pay anybody anything for the ability to borrow??? Pay 50k so I have the RIGHT to borrow $1mm???? Sounds really silly. I can fill out a mortgage app or loan app FOR FREE and obtain the right to borrow money. Does this 50k sound like a good deal to you or something???? I believe you are not really thinking straight on this! I don't think so, no. It's only credit, not money. $50,000.00 seems a lot to pay for the right to borrow money. Hi Jordan, It's called utilizing debt capital. If you could not normally achieve a loan that size. Sure, roll that 50k into the total loan figuratively speaking. Find out what the LOC ( Line of Credit) rate is, IE: Prime plus a margin. Prime right now is 8.25% and the margin would be anything above that. Prime plus 3, would then equal 11.25%. You could then determine what the APR is. Here's the tricky part, you have to find the RIGHT TRANSACTION to be able to realize a good ROI. (Return on Investment) Good Luck, ~Trey Business Owner |
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