 Let me try that again there. We'll do that next time Dancing intro when you don't go live ready. That didn't work man. Yeah, Lee You know, the only way you get good is by doing it wrong enough times that you learn how to do it the right way I look real bad with that one. Didn't we You know what though man, I found the most successful people don't give a crap about looking bad What about you? I don't I wear the same ball cap the same Blue jeans the same t-shirts, you know what a hundred grand a hundred grand in my pocket Hundred grand in a line of credit That is nothing to do with what I can do as a business That's just a new a new tool that I can use as a hundred grand. That's crazy, man I love I love hanging out with people that don't value I do Portraying wealth or to making it appear that they're successful. Do you get that air from people too? I do I can't stand to me I can't stand a person any person That portrays wealth when it's apparent that the wealth isn't there because if you need to portray it Something's wrong either with the psyche or you know, just how like I've never met a rich guy that brags about For what? Let me ask you a personal question chris as everybody we got 30 people on How did I come off? You know just if you could be transparent How did I do just my personality my spirit my business acumen? So when I when I first First contacted you, you know, I've said it numerous times that we've you know Done interviews and had chat sessions and whatnot that I didn't find you I didn't find your channel your youtube channel or your real estate business By what I was looking for I found it in in searching for something else that I was looking for which was guidance on how to Uh, make my retirement a self-directed ira. That's right. Exactly. But when I got started going through your content You and I started talking more Um, you know, even now we're in a you know a real estate investment deal together Yeah, I said to a friend of mine who's actually she's she's actually a real estate agent I said you should check out some of his content And I meant no offense by it. I said chris sometimes can be a little quirky and I didn't mean it in a bad way So she went and watched some of your content and she asked me the next day. She said, why would you think he's quirky? I said because he doesn't have He doesn't have a skin in front of him. He's not trying to portray something that he's not And she said yeah, because I thought all his content was authentic I said, you know what? I used the wrong term. It was authentic Because if you're interviewing someone and they say something that maybe is not true or maybe something you personally have not experienced You're gonna hold them to it. You're gonna ask them. Well, wait a minute You can't do a transaction like that because this reason that reason whatever from you know from your experience It's just you know holding holding someone accountable is not a bad thing You're you're saying maybe you said it the wrong way or maybe I didn't interpret what you were trying to tell me Can you further explain what that was? I remember you pulled my card On one of my rental properties Yeah, you're like, dude. Why is it not in a trust? I'm like, you know what? I got that one I think all of us have the one of you know, just being an entrepreneur We got those little things that you don't tie up. Yeah. Yeah, and I mean like I wasn't trying to do I mean, obviously you and I did this privately When I asked you about it and you know what dude? That was one property that I bought early on and as I have experienced my personal investing self Once you put it in your name There's no reason Essentially to get it back out of your name and it's not a priority. Yes, of course We know we should do that, but it's it's just not a We didn't know how to do the transaction correctly when we first did it The the property's cash flowing or whatever it's doing Yeah, I'll get around to it and we never do Yeah, we never did round up. Thank you for joining us This is chris haskins and my mission and ministry is to raise your financial literacy through real estate investing and entrepreneurship And doing that I get to introduce you to people that I hang around hang out with I talked to chris probably If not every day every other day Yeah, let's talk about we're doing a deal together now A six-figure deal no nothing out of the ordinary just another deal A couple of things coming up too that we will be doing so but Over the last few months chris had this line of credit And I wanted him to share with you how he was able to actually put this thing together And get a hundred thousand dollars business lines of credit that he could do anything with Ladies and gentlemen chris birch, what up? What's up, man? How are you man? I'm a little hot. It's like 82 degrees today You know what it's so I'm in dc. It's been raining all day But it's in the mid to low 70s like my window my windows are open But it's pouring down rain and it's november what 11th. That's crazy Yeah, normally we'd be hunkered down with the heat blaring and Yeah So chris before we get into how you get this lines of credit and round up if you're just dying it to jump It's a bit to find out how you can qualify also You know, I have negotiated some goodies for you I did there is the link in the video description You can if you don't want to hear us talk you can go right to it That link is in the video description to go ahead and apply But I I want to share with you chris's story the man Full-time entrepreneur Been doing business for quite a while does real estate flips And several uh, mind if I you're in several different cities, right chris? Correct. Yep several cities and we're actually looking to go come up the Baltimore with him You have some of your background chris or the round up family knows exactly who you are. Yeah, sure. So I am the typical small business owner entrepreneur, um, not long after I attempted to go to college and not soon after that got into the entertainment industry and Not soon after getting into the entertainment industry almost went broke myself in my early 20s I was the uh You have different terms that you use but I was the late night promoter at the local copy shop printing Or getting copies made to go to the next event the next concert to promote my events and unfortunately That business is tricky, you know and and you're you're begging them in a sense I don't want to say begging but you are you're you're saying that my event's better So on this date don't go to that event come to my event and it just got you know to me It got a little bit worrisome. I was out late at night I was waking up at lunchtime the following day because I was too tired You know, I'm out in four or five o'clock in the morning Coming home getting up at noon and I just got tired of doing it. So in that process I had learned to design my own materials my own, um, Whether it be flyers or posters whatever promotional items we were using for the events and I started doing it for my competitors in a sense and It actually transformed into its own business where I had my competition now asking me To design and potentially get their stuff printed Wow, so I'm at home, you know in the afternoon designing their work I'm out late at night promoting our event or whatever it was we're doing And the next day I'm running down to my local printer that I built a relationship with picking up the order that I put in the night Before and delivering it that next day to You know my competition in a sense That's what this is crazy. If they're already using me. I don't have to be out all night I could just start kind of steam rolling that into a business that was 2004 And here we are, you know 16 years later. It is now a full offset digital signage print company Nice, that's cool. So, uh, your designs. Is that going to be A photoshop type of a you just going in and creating it out of in there Yep, most for most the For the last probably 10 or the first 10 years of business We did a lot of in-house design, but now In the last four to five years Everyone has Their own way of putting their materials together So I would say close to 90 of our print work now Comes in pre-designed All we're doing is setting it up on our template or whatever device or machine we're going to use print it And you know the order is done. Nice. I will give you a shameless plug for you too So you don't have to chris also will do Your banded signs Yep link for that chris. Yeah, uh print equity dot com print equity dot com I'll put that up there in the description to chris who does it. He's done my Banded signs you good on that. I know you um doing a lot of political stuff you back Yeah, I mean What was it now A week ago to the day Political has now disappeared got you the election was a week ago So, I mean we're we're open running at full force ready for orders. Yeah, okay Yeah, so round up if you want some signs chris is your man. He's got a special We chris and I went back and forth from putting the little package together In equity dot com. I'll put that up too. Yep. Cool. So yeah, this lines are not a credit I can't tell you chris how many times I've heard If I only had the money If I only I got this and set up I got this set up all we need Is the money and I'm presuming you being a an entrepreneur you've heard that too Of course. I mean I've actually early on I thought those ways I was not bankable. I hadn't billed the business credit I I learned early on not in this business now, but early on in my 20s You know, I mean we all went to college, right? And you would go I went to old dominion actually and you would go to the web center at lunchtime And there were all these little tables set up with all these credit card companies I remember that and you can get like a free water bottle And a frisbee and all this other stuff just fill out this little form But what you didn't know which I didn't know because no one told me that I filled out an application for a credit card Right. So a month later this card shows up and says boom. You got a thousand dollars available on this card Well, where does somebody in their early 20s do they're like Free money. Yeah, we use it and you start swiping it and then the bill comes and you're like, oh $25 minimum payment I can make that payment no problem But as you learn or you look at it over the years you like $25 minimum payment Based on the next 30 years that you make that payment You will then make that thousand dollar debt whole again. So it's it's the racket of the the the credit card companies per se But so I learned early on and I canceled most of that stuff once I cleared the balance and You know in business Even now dude, I've been I've been a a corporation Almost 17 years And I'm still not bankable to the point that I thought I could be meaning I can't go to my local branch whatever lender it might be And I can't necessarily get the type of funding That I thought I should be qualified for by being in business and having that history I can get some money The the interest rates at a traditional bank are low. We get that the criteria is ridiculous Gotcha, you know Being being in business. Yeah, they want to see three years tax returns If you're halfway through the year, they want to see a profit and loss from this year And if that doesn't add up, you know business fluctuates I mean, there's not one single year in almost 17 years that my numbers have been the same Political years, of course, as you mentioned, they're better because there's an influx of work that we don't normally get Yeah, so every two years the books kind of do their own little wave You know, but What you were getting to is How did this little small business guy get a hundred thousand dollars in line of credit in in in business, correct? Yeah, let's get to it. So round up if you got any questions for chris We're gonna go with the company that he's using is we've we've negotiated a discount with my people We turned chris on to him and um now is chris is using him and I just think it's an amazing story Especially for people that need money to get into the real estate I promise you guys real estate is on fire. I'm like, don't take it for me chris Living we're living it right now. Yep. Yep. I mean you're getting what? 10 to 20 percent offers above what you thought you were gonna list the house for you Don't even have to list it and you get a contract. I mean the Ridiculous, it's really unbelievable y'all the last time I saw anything remotely close to there was 2005 Michael and I got any game so So how did this thing come about chris? So you got a hundred thousands You can do whatever you want to it tell us and I want my people to know listen guys Don't be scared man. At least apply see what you qualify for, you know, exactly exactly So, I mean it's real simple chris. You're gonna put what you're gonna put a link down in the description of this video for them Yeah, just go right to the link and the link is in the description y'all Basically, all you're gonna end up doing is what I did. You're gonna fill out a basic application That application is gonna include basic business information They are gonna ask you for your personal Your social security number as well as even if you don't have your e in number your federal tax ID number If you don't have it, it's not a required field. You don't have to Um I will mention that uh one criteria You know as you and I said chris, we don't sugarcoat it There there is a small fee involved But you actually don't you can either choose to pay the fee or not pay the fee I chose to pay the fee and the reason being is The fee would then be deducted from the amount of lines of credit that I would be approved for in the first round Nice And I figured It doesn't really matter because even even even if I didn't pay the fee or if I did or didn't pay the fee Any difference it's going to be the same Qualification i'm going to be approved for the same dollar amount either way got you and my thinking was So now a lot of people will misinterpret and I want to clarify uh if you want to touch on this This is not a trade line So a lot of companies offer trade lines and what a trade line is They have authority they they're qualified to report to the business Credit bureaus that you've had a certain amount of credit over a certain amount of time That's not money. That's not spendable cash. That's not spendable credit It's building your business credit score. It's building whether you're bankable or not, but it's not it's not tangible You know, it's not it's not monetized It makes you look better to qualify for money at some point. Isn't it with one vendor to generally speaking? Generally speaking, that's not a vendor that assigns a A trade line to your business credit. Yeah, got you Yeah, so you would have to have multiples multiple trade lines To build your business credit. Yep versus this which is actually In a sense, I would say cash on hand. This is tangible as soon as you're approved as soon as you get the line of credit approved You're good to go. I'm glad you mentioned that there was a fee. I'm like this man. I don't want to try to Trick anybody or make people think that it's free money out there because it's not There you know, it's weird man The cost of money the cost of money, you know as you mature being an entrepreneur That is just a part of business Well, let me ask you chris if I were to ask you chris is that just a part of business is like The cost of potatoes or the cost of inking your business the cost of paper the cost of mails Is that just a part of just an expense? It is it is and even now? I mean this video will go on for years, but we're in the middle of a global pandemic all of my operating cost not not not just not my Physical rent or physical bills all of my material costs have gone up everything Everything's going everything has gone up right and it's because We're not moving like we normally move Imports are not coming in the way they normally come in so we're not doing the same things so volume might increase for us because we're now figuring out new ways to keep our business sustainable But that doesn't mean the supply chain can handle what we're trying to order So, you know it kind of throws everything out of whack. I'm telling you two by fours were here There were two dollars and seventy cent Another six twenty. Yeah, so everybody's feeling that yeah, but there is a small cost But round up what I want you to know is that Because we do so much volume with fund and grow the company's called fund and grow If you go to their website and you go do it you're going to pay Five hundred dollars more so they gave us a discount to offer to my real estate round up fam So it's five hundred dollars off, but you have to use the link in the video description Yeah to find out what you got so Chris. Did you get that discount too? I sure did. Yep So tell me about the process you went there Yep, so I went there did the application and they actually I'm assuming they still do this but you know, we're talking a few months ago when I initially got I got approved You don't actually have to pay the full fee today Even if you choose to let them deduct it from your line of credit You can actually set a three month payment term, right? So I chose that option. I got chris haskins discount So it's 500 bucks off And I chose to make three installment payments over the next 90 days. Got you. It was real simple you know, I was like, you know what it's not that I didn't trust it but Kind of if you're in business or real estate or whatever you have a develop like a thick skin and you're like, let me just See You know, I know chris. There's no reason why chris haskins would tell me wrong He vetted this company sure, but if they're gonna allow me to stretch out the payments that no no increase to me Why not, you know, why wouldn't I do that? Yeah, where did you say that because I negotiated with them probably three months before I even brought them on Okay Yeah, yeah, so I mean we're all benefiting from that um So it's a simple application It took a matter of days before I was contacted by someone at fund and grow and uh It was basically a basic inquiry to say, you know, Where do you trying to do they they obviously they saw stuff? and They Didn't ask me for any tax returns or wow nice, right? So there was no there was no No profit and loss no profit and loss no balance sheet no tax returns So this is a true business only line of credit But it's based on your personal credit score But explain that chris. What does that does that mean does How does that look is it not on your score? Is it is it on your report? It will never be reported on your personal credit so the the Fund and grow has a system that I don't know and that's obviously why we're using them because I don't know what they know but apparently they know what they're doing so They basically ran a simple credit check on me myself the FICO score was where it needed to be Even if even if it's not they'll give you options. So I believe they're at the time their current requirement was at least a 720 personal FICO or at least above 700 Let me say got you now They will get approvals at a little bit lower than that, but that's not an ideal scenario and I'll tell you why because north 700 Funding grow will do a first round of funding meaning they will apply to the credit card lines of credit They know are looking for this small business criteria, right? I don't know who it is So their plan is within the first 30 days of the first approval To go back to these lenders based on that information you gave them And get the second round approved within like the first couple weeks of your initial approval Yeah, I'll give you a perfect example American Express Business blue card not the personal card. This is a business only American Express line of credit and it comes on a you know plastic card They approved it for 18,000. Mm-hmm first round Soon as I got the approval in the mail I contacted funding grow as they instructed me. They said don't use it yet. We're gonna apply for a second round Wow day 18,000 line of credit turned into 50,000 Good lord. These dudes know, you know, it's weird Where to go and who to go? And like so people have asked me about this Chris for the last few months Like how did you get it and I can honestly say I don't know Yeah, I mean my business. I'm allocating the money to make my business more profitable and continue my business I don't know what these guys know, but I don't care like they they know how to do it You know, I'll be thinking about doing it myself. I'm just imagining how many people I would have to get on the phone Chris just to vet them. Who are they? What do they know? What is their position? And it's like they got those straight relationships with those people. It's crazy. Yeah Yeah, I got a question because then I don't think it's going to be too many Laureano Perez wants to know how and what are the going interest rates on the business? Credit line like this chris. So I'm glad you asked because I actually wrote them down for you Oh, that's cool. Yep. So for american express It's zero percent zero percent for the first 12 to 18 months Nice Okay, how zero percent We just do have to pay the Set up you set principal amount Right. So they well. Yeah. Well, actually it's the set Long term principal interest amount, whatever that is the minimum payment And I don't have it in front of me my minimum payment. Um This month was like I got 125 bucks or something. Yeah, right um The another line that I got was for with chase with chase bank chase bank is zero percent for the first 12 cycles the first 12 months nice Bank of america is zero percent for the first nine cycles And another bank i've never heard of fulton bank is zero percent for the first 18 months They got one of those down here. I think okay. Yeah, they're based in I don't know if dakota or south dakota. I know that's what the statement came from Okay, yeah, do they come in credit cards chris or how do they come? Tell me how you get how does it show up? I can show you let me I want to reintroduce you chris This we've been on 25 minutes round up. We're talking about we're talking with chris birch full tom entrepreneur. I just got a Recently got a business credit line for over a hundred thousand dollars through fund and grow They are a finance a finance company and they They have granted us a discount on their services. So that link is in the video description So head on over there if you want to see how much you qualify for perhaps see if you qualify for another hundred And I got to pay some bills too if you need property data skip tracing information Um Mortgage information owner information Lanes pre foreclosures all that stuff the link for it go to chris property data Prop stream is giving us a discount for that as that as well. Chris birch. Yep. So as you said It is a card. It's a regular line of credit You see bank of america chase You know, I mean there's nothing it's nothing special. It's like, you know folton bank And these are these are lines of credit that You would use like any other bank card any other atm card You then charge it You get a statement in the mail. It shows you zero percent interest for 12 to 18 months Make those monthly payments And you know, I guess the question that that person had Every bank is different, right? I don't know So I I know bank of excuse me american express typically has A fairly high interest rate once you get out of the zero percent But i'm gonna give you one key factor here There's no reason why right? So let's say let's say bank of america only had a six month zero percent You could take your folton line of credit maybe maxed maxed out your bank of america at zero percent You could take the folton line of credit do a balanced transfer over to folton. That's not six months. It's 12 months zero percent Right. So and and I will say also with fund and grow They constantly email at least once a month they have credit monitoring services that they offer meaning they'll help you they'll guide you through How to write the letters to the credit bureaus to get the inquiries On the initial lines of credit get those removed Nice They have a monthly newsletter that they email email out with different strategies or You know options that you can have whether it's a course or you know I'm sure with with covet now. They're doing a lot of video stuff training And so now i'm nine months into these lines of credit. So i'm getting close to the first The first end of the 12 month zero percent And I got an email earlier this week saying we'd love to schedule a conference with you and strategize On where do you want to go forward and let's look at what you've done? Let's look at your balances and let's see What we already know in you know based on the criteria that you're presenting us Let's let's see. What's the next path and I I truly believe they know which way to point you Yeah, that's cool. Yeah It's amazing. I've seen them grow, right? They went one building when I first met them then they go into another building now They're in their third building just in the last few years and they've gotten I think over like 2.5 million for my round up family Yeah investors get your lines of credit up links in the video description Go ahead and head on over there to see what you qualify for they cannot hurt just to fill it out See what you get. Yeah, if you do financing Chris um break it down for me being an entreprenuer when you get access to large amounts of capital like that Who is this not for in your opinion? Someone who's not going to use the money to make money with Using money to make money, right? Someone who's going to use this line of credit To pay off a bunch of debt Because the problem is you don't have the income to pay the debt with now Why would you have it in 12 months after you've extended this line of credit? You know, you're gonna now be paying interest On top of that debt, you know buying something that's frivolous, you know that that you don't really need You know, I I'll admit one of the first charges I put on my american express line of credit Was a piece of print equipment for my normal day-to-day business That makes me money every single day And I've been able to take the the The profit from those orders on this machine To pay down that line of credit. I know it's zero percent But if it's zero percent for 12 more months and I can pay it down in three I still have nine more months to do something else with it. Nice. Nice So it sounds like you need to use this guy just remember for myself my first I had a home equity line of credit back in like 05 or whatever. Yeah And I just spent it on just I can't even remember Chris consumable goods I just I have to just put it in that category. Yeah You're recommending that possibly we should get if they're gonna if they need to use it for that then they may not want to get this type of finance For my experience is as a business owner or entrepreneur I wouldn't recommend you doing that. You're gonna further in debt yourself at a astronomical rate when that term comes do When that just starts incurring It's it's just not going to be worth it's going to push you put you in a worse position If you don't know how to manage it, but what I what I'll say is I've only used about 30 of my 100 Because I already know how to manage it Right and now that I see that funding grow is willing to help me Now go through the third round of funding to say boom You've kept your lines at about 20 to 25 percent, which is what a lot of credit bureaus are looking for Now is the time to ask for more money It meaning allowing me to spend more So it's going to continue to expand the range of where I could spend that money So are you possibly going to have all your credit lines getting increased? Chris? Is that where they're going with this? Exactly that exactly is exactly the plan. So my first round you and I did a video I don't know a couple months ago. My first round was like 60,000 or 70,000 and it's now over a hundred within six months Yeah, that's crazy, man. All right. So we're we're going into the third round Everything is current no late payments. I'm paying everything on time And they're saying Chris, you know what? It's about that time. We need to we need to increase your limits Because you're now showing them that you know how to manage that money That's funny how that works Yeah Funny how that works. Hey, I got a question came in patricia roll. She says she's doing Fixed doing fixing hold for section eight. Okay section eight good for you With these lines of credit be good for that process chris, you think From so from my experience it might be good on the rehab Right, but if you're holding the property You're gonna whatever term you're gonna hold it for those lines are gonna start to incur interest So you're gonna have to refinance out of that somehow Because you're not gonna want to hold an american express card after 18 months That's probably incurring probably close to 20 interest. I mean american express interest rates are ridiculous Yeah, my 14.9. I don't know what yours. I don't know. Yeah, mine's around 16 When when it comes due next year, but yeah for that strategy It might be good for the fix and flip didn't refi it out and refi it out We're not fixing flip. She said hold fix and hope. Yeah So I would fix it and try to refi out of it Maybe you probably could have refi out of it pretty good if you already have a contract for section eight because you're showing a long-term renter And come that's right patricia. I would consider that too You can't use it to buy houses too chris to have you uh, uh when I met with the c o o Mike he's saying there's a way you can pull that money off and some Title companies would even take a I bought a house with the credit card and you can get those checks Do are you using them to pull money off? No They do have an amount that you can just literally pull cash off the card It's not the full It's not the full balance of the line of credit that you have it's a percentage of that line Yes, but yes, you can do that. So like Um, I actually saw one of your interviews with one of the c o o's at funding row where he said we actually The the buyer had funding in place, but it wasn't going to be in place before closing So they were able to do a cash advance from their line of credit to settle on the property Right. They're earnest money or whatever it was. I can't remember exactly, but they used it to to hold The conglomerate loan almost yes. It was like a bridge. Yep That's sharp too, man. Are you talking about just access? You know what man? As I get older I'm like, I don't care if I have a dime As long as I have access to go borrow it at any time You know, I think is that like is that a this a business mindset, Chris? I don't know man It'd be relevant to me. I'm like, I know where to go get it Yeah, I would it's a muscle I think to me It's a muscle to know You know, I totally off subject, but I'll bring it up real quick I got a call from my local bank my I know the loan officer calls me the other day We're in COVID-19, you know, probably going into COVID-2021 at the rate we're going he calls me and says, do you have any business associates? That are looking for loans right now Because the branch is really looking to help out the small business community. Do you have clients that are looking for funds? And all I could think about is all the paperwork and BS that he put me through and he's a nice person Funding girl. I've never met these guys these guys My basic criteria based on a credit score and got me a hundred grand in less than six months Chris, hold tight. It looks like youtube has gone down Good This would be a first Roundup hold patient with me. This would be the first for me. I never had youtube go down Somebody just commented. He said it was down On my phone I've got four kids in my house. I wouldn't doubt if they hit something Hold tight with us round up. We'll see what's going down Is it not loading for you either chris? Not on my phone. It is not the video is down Experience interruptions find out why this is so crazy But it appears Somebody said it was down. I got questions starting to come in too. Okay Let me see if uh Facebook's up Was facebook still going on? Yeah, I'm saying I'm now watching through youtube. Everything's live on my end Hmm. Can y'all check everything's live when you're in okay. Sorry about that I don't know what's going on with that y'all. All right. So it looks like we're good. So Yep, you would you would uh, you would So much on my mind, right? You were talking about Talking to the c. Oh, oh using the money bridge loan quickly closing on it getting back That's a strategy in and of itself access to the money. You're saying it's a muscle It is that's something that go ahead. I'm sorry. It is it is so I mean as I mentioned earlier You go to your local lending institution whatever whatever financial bank that you bank with and you say, you know, I'm you know Joe businessman. I've been in business for A year or 10 years or five years I'm figuring you going into the thing. Oh, yeah, I mean so You go in you fill out this loan application then they come back and they ask you for Two to three years tax returns profit and loss statements throughout the year balance sheet Sometimes they'll ask for a personal guarantee um sometimes well most of the time Yes, most of the time I've been I've experienced a few early on With without a personal you're lucky on that But I will tell you when the the loan officer came to my place of business to have the document signed I joked with him when he said I can't believe they approved you without a personal guarantee And I jokingly said, what are they going to come down and break my legs? And he kind of paused And said they might institution is this But yeah, that was one time I can recall at least one time I can document I did not have to do a personal guarantee. It was an equipment loan So in a sense it was collateral collateral based So if I defaulted they could repossess it resell it and try to make the loan whole again big difference huge difference So on this one, I you know, and I'm going to minimize this and I don't want people to take this that is a small thing But at the end of the day if you're late, you don't do what you say you're going to do They're going to send you a piece of paper. Yep You're gonna send you a piece of paper and then I'm not saying that It's not a bad piece of paper, but in America is like man What are they really going to do other than try to, you know, come after you with that? Correct John Chris john wants to know is there a monthly fee if you don't carry a balance Not on any of the so the four lines that I was approved for on my first and second round There is no monthly fee No, no monkey John you got that one. Yeah, how about uh Oh, la la la la loriano. Well, would you use this for a down payment? They refinance. We just talk to talk about that Exactly. Yeah, I don't see why you wouldn't yet It's a good one right there. Yeah Uh, the judge can't can't say can't a nice picture does your credit score need to be in the 700s So it's not a requirement But from my experience with funding grow and listening to the coo and others from funding grow They know where these credit bureaus want you to be to get the maximum allowable Financing for the first round right So from my experience from what I've heard they would like you to be around the 720 That does not mean you won't get approved at a 680 You get approved at a 680 at a much A smaller line of credit initially and then funding grow can help you build your credit Over that next, you know period whatever it might be to get you in the range to get the balance increase Yeah, they've got all type of secrets chris. I mean, yeah They actually they have a referral that they they offer through their emails they have a firm that strictly focuses on Writing letters to the credit bureaus to get certain things removed that are not reported correctly And like it's like 150 bucks and they take your whole bureau your whole credit bureau report Go through all the things, you know line by line and send letters send letters You don't do anything I haven't done it yet because that my credit's pretty decent But they offer that service for someone who's below the criteria for maximum funding They offer that service I've got when I when I was even talking to my he they have relationships with other lenders That will pay off some of your bad debt restructure it and Move it over to some. I mean just to kind of boost your they have so many tricks that I had never even thought of To help you with your credit score and you don't even I know chris your lllc was seasoned But Mike was telling me that you don't you don't necessarily have to have an older llc You don't I think if you if you want it to be a business line of credit You do have to be structured of some sort of entity, right? But the line of credit the the rate and the and the amount Is based on your FICO score. It's not going to post to your personal credit But it's based on the fact that you know how to manage debt and pay debt. That's what it's based on yeah, and um What is it so The the relationships is which are buying into You know how to manage debt Another thing you mentioned to me slipped my mind. Let me see. Uh, jennyo wants to know was the 105 000 credit line Chris from one bank or multiple banks? Yeah, it's so it's four banks. So I'm in the second round of funding at 105 but We're attempting now to go through the third round. So it's only four banks. American Express was 50 Chase was 25 Bank of America was 20 and Fulton was 20. So that was that that's where we got the whole 105 from So it's four different lines And I've said I've only used about 30 of it and that's only on the american express one I still have Fulton chase and bank of america. I haven't touched those yet Nice, that's cool. So round up the availability of cash The availability of capital you don't necessarily have to have a bunch of it sitting around and I urge you not to actually because it's Losing value every day especially where I remember chris calling me up You told me a quote. Why would I go try to earn money when they are printing it? Correct printing this money for us to use y'all So if you go to the link in the video description and see how much you qualify for John wants to know king. John king. Hey, is bankruptcy going to be a hard stop? Do you know chris isn't an employee? He just got to be I don't know I guess it would also depend on How long that bankruptcy had been on there So when I mentioned that funding grow even when you put in the application So you're not paying you're not paying when you put the application in you're paying when when you actually want to Go forward with funding to get approved for funding you can contact funding grow and schedule a consultation with them And explain to them. This is my scenario. I have a bankruptcy. It's eight years old Oh, okay, they might recommend removing that or showing you the process to get that removed or referring you Correctly to where you can go to get that removed to then apply with them So, I mean they were they were very transparent. I did not pay On my initial application. I didn't pay on day one because I wanted to find out if I If I only get x amount of dollars Why am I spending this much right? Yeah, so I mean they were very transparent with with communication Without yeah, um what I'm hearing Mike told me that they don't take your money if they know they can't help you They take your app. Go ahead. They will take your application It might process the initial payment. So like as I mentioned earlier on in this video You you can choose to either Let them deduct their fee from whatever you're approved for Or you can agree to three installment payments to pay their fee, right? But they're not going to charge you that fee if they can't get you approved if you put it in an app and your 620 fico with a bankruptcy and two liens against you They're not going to take your money because they can't help you Yeah, yeah, he's told me he mentioned that too. Yeah. Good question. John. Um, okay, your credit score is over 680. Good for you Yeah, uh geniel You have an l you you have had an llc for a month Would you recommend using fund and grow now or wait three to six months? I would say it is truly based on your knowledge of where your personal fico Your personal credit score is because that what that is what these bureaus are going to base your lines of credit On not the longevity or the structure of your business. So yeah, it's a month old It's an entity in whatever state doesn't matter They're going to base your initial first round based on your personal credit score personal Yeah, i'm hearing the personal credit score Is is paramount, but it doesn't it doesn't affect it They just want to know that you chris haskens or me chris birch Do you pay your bills? Do you not owe this car? Whatever, you know loan do you not? Have two months in a rear on your personal mortgage They just want to know are you managing your money? Do you not have and I had a couple? I didn't have any negatives But I had a multiple amount of inquiries because I had done some transactions about two years ago And they said that the inquiries they'll help me remove but fortunately because the credit score was high enough It wasn't going to be a determining factor on whether these institutions went for the approval Good good a roundup. I don't want to keep you all night tonight. Um, I have negotiated The roundup has negotiated a discount for you. It's going to be uh on your fee They have like this fee that they charge for the whole year, right? So it's not like a monthly fee And chris has used our link here. I'm hearing good things. I know I know mike and at fund that girl They've done over two million with my with the roundup people so far my family And just find out how would you how much you qualify? I know this works Obviously, we're hanging out with chris and doing deals with them. So chris anything you'd like to just kind of point into the direction for any of my roundup family They're looking to get some financing. I would I would say if you're hesitant Try the application see what funding girl comes back with Worst case scenario, you're going to be approved for way more than you thought so yeah, I've been in business a long time, but To to get this sheer volume of funding within a 30 day window That was just based on me being diligent on my personal credit So I'm I'm like probably a lot of the folks that are watching this In my 20s, my credit was not that good because I didn't understand it. I was never taught that I had to learn it But over the years, I've learned how to manage it. I understand You know now what they're looking for so, you know, even if you only get like the minimal amount of funding It's more than you had yesterday Why not use it build on it? You know continue continue building on it because they're going to get you on a second round the third round As you as they help you either improve your credit or you know, they have they actually have some courses They they email out as well on how to manage that how to manage money. Nice I know I didn't have a couple other Associates that did not even have an LLC chris and I don't Mike was able to they have a company that they work with To help them set up an LLC to go in if your credits, you know, I don't work for them So I know that they can help you if you don't have one a lot of my viewers may not even have an LLC So I've heard that too, but you know when I put in the app and they saw that, you know The the company's been you know up and running and they didn't question it as long as there were no outstanding debts to the company And no, you know dings on my personal credit. They didn't that is a problem at all Okay, round up. I just I wanted to share with you. I'm just transparent Get down to the link in the video description if you want to see what you qualify for We're negotiated that discount for you and just fill out the information Then michael somebody one of his reps from fund and grow will reach out to you to see what you qualify for Okay tomorrow three o'clock. I got my boy. Mike wolf. He's got a Real estate seminar coming up in about a week or so. So y'all look out for that email. Make sure you subscribe Hit the bell y'all share with anybody else that needs financing for their real estate or any business Because chris you're using it for both or you can use it for whatever. Yep without a doubt I mean your your listeners just said, you know, would you use this as you know a deposit or down payment? Yeah I Wish this stuff was around when I came up I don't you know, I meant my hardest part coming up for me was getting the down payment for the hard money guys but we didn't have that so Putting that putting that together with hard money could is open up so many doors for you. Sure. Sure All right, round up. I'll see you tomorrow three o'clock. Talk to you soon. Peace See you