NewFed's Brian DAmico interviews author and finatial expert Jordan Goodman about the The Top 5 Ways To Make The Money You Already Have Work The Hardest For You. If there was a show about easy money this is it!
Earning high income from Secured Real Estate Funds. Instead of keeping your money in the bank earning 0%, a suitable alternative would be Secured Real Estate Funds which pay 8% a year in monthly checks, which can either be deposited electronically or reinvested. These funds lend to high quality commercial real estate projects that are having a hard time getting financing from traditional banks and they use the “collaborative lending” model to help builder/developers complete their projects in a timely way. The maximum they lend is a 70% loan to completed value. Minimum investment is $5000 and minimum hold time is 1 year. People can find out more atwww.securedrealestatefnds.com or call 888-444-2102.
Mortgage equity optimization to pay off 30 year mortgage in 5-7 years. By using a HELOC combined with a traditional first mortgage, people can pay down their principal much faster so they can pay off their mortgage in 5 to 7 years on their existing level of income. I will explain how this works and I have also attached to this email a chapter from my Master Your Debt book called Mortgage Free in 5-7 years. A great objective resource to help people implement this strategy is www.truthinequity.com.
Mortgage Savings for Heroes. People in the military, first responders, doctors, teachers and clergy give a lot of great service but are not usually rewarded or appreciated enough. The Heroes Come First program at www.heroescomefirst.com gives these heroes big discounts on mortgage rates and fees and also a rebate of real estate agent’s commissions when buying or selling a home. All of this can add up to $2000 or more for a home transaction.
Verifying loan payments. Many people do not realize that the payments they are making on their adjustable rate mortgages, escrow withholdings and private mortgage insurance are incorrect. If they get those amounts audited and errors are found, people can qualify for huge rebates and adjustments of their payments down to the correct levels. They can find out how to do this at www.verifymymortgage.com;www.verifymyescrow.com and www.verifymypmi.com
Refinancing your car loan to lower car payments. Many people took on bigger cars and car payments that they can afford in the last two years and now they may be in danger of getting their car repossessed if they can’t afford their payments. People don’t realize they can refinance their car loans to a lower rate and lower payment by lengthening out the maturity of the car loan. A website where they can do that easily iswww.myloangen.com.
