I guess I received the perfect line of credit. I hit the green light on all the points discussed here.
@SL-fu7sh
5 жыл бұрын
Hi Denzel, thanks to your teaching, I just got a revolving simple interest HELOC with a credit union for 23K. I closed in 12 days. My interest rate is 5.5 with an intro rate of 3.7 for 12 months. Now I need a Stategic stragedy and want to work with you. Just joined as a $10/ month member last week. Your teaching is awesome.
@DenzelNapoleonRodriguez
5 жыл бұрын
S L I love it good work getting that done click on the link in the description for a 1hr coaching call or you can join one of the higher tiers 3 or 4 so we can get together 1 on 1
@billyflowers9502
5 жыл бұрын
Congrats on getting a HELOC. Pretty nice interest rate as well. Now you can do some damage after you hook up with Mr. Rodriguez.
@SL-fu7sh
5 жыл бұрын
Denzel, just purchased your 30 day program. I look forward to working with you and fixing the money thing!👍👏🎉😃
@DenzelNapoleonRodriguez
5 жыл бұрын
S L I saw I’m at a workshop right now for my business but I will send you an email to book our first call together. Also it’s not 30 days you have me for life so hope that gets you more excited 😆
@Lisa-nt7wt
2 жыл бұрын
I have learned a lot from this video. Thanks a Bunch !
@natalee6654
5 жыл бұрын
my PLOC rate is 5.65% variable.
@DoctorOreos
5 жыл бұрын
I think the prerequisite is, Getting the line of Credit of $10,000. I mean, I think most of us can barely get $5,000, nevertheless $10,000. Unless I'm missing something.
@butterfly-pf8lj
5 жыл бұрын
Thanks great info!
@marioguitron1535
4 жыл бұрын
I make about $2,900 a month and my mortgage is $ 644.00 a month 47,000 k balance I have 7 years left and with a vehicle balance of 16,000, I have Equity of over 200,000 k, would that matter if I take out 50,000 or would you still not recommended taking that much out
@Cruz78R
Жыл бұрын
Hey Denzel, I have an amoritized loan $9,300 at 2.99%, but I would like to pay it off faster to gain more cash flow, but I have PLOC at with a credit limit of $4,900 at 19.59%. I was thinking about chunking $500-$1,000 at a time based on my cash flow. Is the rate too high even if it will payoff the personal loan a year and a half earlier? I would just like to add the personal loan payment back into my cash flow.
@kiet999
5 жыл бұрын
Hi. Great contents. Why did you recommend zeroing out your chunk in 6-9 months? What if it takes longer say 15 months?
@d.j.langehennig6330
5 жыл бұрын
Hey Denzel, I'm confused. My understanding is that interest only refers to the minimum payment you make. All your money should be going into the HELOC as a payment so "interest only" won't matter unless you get in a bind. Then your payment will be less until you are past the trouble. Where a P&I heloc will have an even higher required payment when you are already hurting. Interest only is bad for sure when it applies to a loan, like a mortgage, but who cares when you are accelerating the principle anyway? Did I miss something?
@DenzelNapoleonRodriguez
5 жыл бұрын
unless you get in a bind key word. Every single case I work on people are in a bind. Like thats why everyone is watching for the most part
@d.j.langehennig6330
5 жыл бұрын
@@DenzelNapoleonRodriguez Understood. I'm trying to plan ahead for once in my life so I don't get in a bind. It's moving slow right now but it's moving in the right direction. Keep up the good work.
@joelharger3087
Жыл бұрын
?a heloc
@ysraeliteculture5736
5 жыл бұрын
Priceless information brother, but can you please raise the mic volume.
@DenzelNapoleonRodriguez
5 жыл бұрын
YsraeliteCulture what device are you listening on because this is a first I’m hearing this on my new videos I use one of the best mics available right now. If you compare to my older videos you’d notice the difference
@ysraeliteculture5736
5 жыл бұрын
Denzel Napoleon Rodriguez mac book pro, it might be my speaker?
@DenzelNapoleonRodriguez
5 жыл бұрын
Maybe I should be loud lol
@rachelmckaughanable
5 жыл бұрын
@@ysraeliteculture5736 try using ear buds or Beats headphones maybe. I can get more volume that way sometimes when using my macbook.
@JuanCarlos-ii1ck
5 жыл бұрын
HI DENZEL. I'VE GOT A QUESTION FOR YOU. I HAVE GOT A LOC FROM A CREDIT UNION. ACTUALLY IT WAS DADE COUNTY FEDERAL CREDIT UNION, I LIVE IN MIAMI AREA. WHEN I APPLIED, I MADE SURE THAT IT WAS SIMPLE INTEREST LOC AND THAT IS WHAT THEY SAID. BUT WHEN WITHDRAW THE FIRST AMOUNT OF MONEY FROM IT AND STARTED PAYING BACK I REALIZED THAT EVERY TIME I MADE A PAYMENT THERE WAS CERTAIN AMOUNT THAT WAS INTO PRINCIPAL AND OTHER TOWARDS INTEREST AND I WAS SHOCKED. WHY IF IT IS SIMPLE INTEREST LOC THAT COULD HAPPENED? ANY ADVICE ON IT?
@butterfly-pf8lj
5 жыл бұрын
Juan Carlos what is simple interest
@DenzelNapoleonRodriguez
5 жыл бұрын
Man you not paying attention to the videos that is how simple interest works you get charged a daily interest rate.
@katiebeals1960
5 жыл бұрын
I am trying to reach you
@DenzelNapoleonRodriguez
5 жыл бұрын
Margaret Chambers I’m answering you check your emails and turn on your notifications
Пікірлер: 28