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/biz/ - Business & Finance


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24505188 No.24505188 [Reply] [Original]

>bring up your credit to 850 through using credit card and paying it on time
>take out loan for 1,000,000 dollars with a 25 year period
>buy land and a house for 100,000
>900,000 left over
>monthly payments are about 3333 dollars
>living expenses are 1500 dollars
>use remaining 900,000 to make the LOAN PAYMENTS and to cover living expenses
>5000 dollars a month being spent
>(900,000 / 5,000) / 12 = 15 years
>live for 15 years, completely free, time to innovate, accumulating crypto gains and building capital/businesses
>easily pay back the remaining 10 years of 3000 a month with your newfound wealth
>only truly "owe" your initial 100,000 + living expenses for 15 years at 1000 a month +
>never wageslave ever in your life

BONUS:
>if the currency/government collapses, you don't have to pay it back

*sip*
Yup.

>> No.24505213

>>24505188
>>take out loan for 1,000,000 dollars with a 25 year period

Nobody will give you 1m loan with no collateral you fucking retard.

Even with 850 credit score you will need to show proof of income to get a line of credit more than a few thousand dollars max.

>> No.24505220

>>24505188
you have to actually make a few million dollars before the bank will loan you a million

at that point you don't need the loan

>> No.24505362

>>24505188
You need collateral Jews are greedy you think they actually give two fucks about your fucking credit score, you get a loan at your worth no two ways about it they’d be honored to give you 50 mil if that’s what you’re worth they have so much money they’d laugh at your naivety for thinking you can out jew a jew it’s like wrestling a bear for a pot of honey you’re fucking dumb if you’re in that position or desperate fuck.

>> No.24505409

>>24505188
no proof of income no collateral. gtfo kid. you need a cosigner with collateral. maybe find an old rich boomer you can trick to be your cosigner.

easiest way is start a corporation find reputable people on linked-in to be on your corporate board , approach many financial institutions looking for a loan to buy a business. also get a top four accounting firm to work for shares in your company after you secure your loan, same with potential board members. learn more from dan pena on youtube.

>> No.24505787

based