Paying Off $400k Debt With Velocity Banking - Real Life Case Study Ft. @denzelnapoleonrodriguez

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Reviewing a real-life client velocity banking case study with ‪@DenzelNapoleonRodriguez‬ . Can Velocity Banking eliminate $400,000 of debt?
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*This video is for entertainment purposes only and is not financial or legal advice.
Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.

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Опубликовано:

2 апр 2024

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Комментарии : 20

@762foryou 4 месяца назад

Excellent Caleb & Denzel! You guys are Spot-On with this example. I follow both of you guys. LEGENDS!

@BetterLifeAsset 4 месяца назад

My takeaway from this video and others is me being able to inform and educate my RU-vid viewers and myself on this good information, thank you Caleb and Denzel for being generous with your time and giving us information of value.

@snpurser 3 месяца назад

This feels life changing… in a pretty big financial crisis at the moment and while I don’t have much hope, I have more hope after watching this.. I need to digest, but appreciate you guys sharing your knowledge.

@BetterWealth 3 месяца назад

Email me at caleb@betterwealth.com i am starting a call in show soon and would love to chat with you!

@BetterWealth 3 месяца назад

Don’t lose hope! Thanks so much for commenting and watching

@cwall216 4 месяца назад

Great breakdown

@stevebaker9789 4 месяца назад

First time I’ve heard of the “Cashflow Flow Index”… Curious

@Heart4KidsNonProfit 2 месяца назад

Thank you so much for this much needed education. Can you please do a video for people who have Student loan and a mortgage? Is Sofi the best bank for HELOC?

@izzyp6344 4 месяца назад

So, what happens when you don't have a home for a Heloc and your credit is middle of the line. Wouldn't this limit the ability to get a CC for 0% and minimize the chance to paydown the over all sum?

@mentalalchemymind 12 дней назад

No, because income velocity, and a high net income coupled with the use of a debt weapon tool ( I.e. HELOC, credit card ) allows the practitioner to become “ cash flow “ efficient.

@SaRa-ms5zy 3 месяца назад

Thank you both! What does IBC offer is not coming out clear. When/Why/How is also a question. Perhaps, it requires watching another video.

@yveyjunk7825 Месяц назад

Why is it a bad idea to pay off a mortgage. The life time interest paid that I calculated on our mortgage is more than the cost of the house. For simplicity, we live in a High cost of living city. Our mortgage is 1 million dollars. Life time based on our rate we are looking to pay off 1,200,000 in total interest. That’s crazy to me vs paying off faster saving 400,000 in interest and investing that in the market

@BetterWealth Месяц назад

I think the real answer is, it depends on people’s situation. It’s not right to make sweeping generalizations that one way is always better but we can show that certain practices are better for a lot of people. I’ll consider doing a video about this topic that may be helpful for you to see our perspective clearer. Thanks for your comment!

@dianadery5037 4 месяца назад

Leverage Rules, is CF x 12 & ? x 66%. Not computing the formula, help please. Thx!

@michaellong5672 4 месяца назад

I believe the .66 is max he wants to borrow on HELOC. So 75,000 x .66 = the $49,500 he shows at top of whiteboard. The other number is 12 x 690.93 = 8291.16

@chuchiyang7031 3 месяца назад

THANKYOU ❤

@boga2 4 месяца назад

Two very intentional men. Quality of content has not changed, just the dark backgrounds of the recording.

@kylebeimers6311 3 месяца назад

These people have a crazy amount of debt! Ouch

@mcr7379 3 месяца назад

😍

@amcreaken 4 месяца назад

Sorry I couldn't comment sooner. I know there was at least one question that popped up during the live, but I forgot it. Stupid work getting in the way of my RU-vid You-niversity education.