Do you want to know how to get a 0% Interest Loan? A $10,000 loan that would take very little work and would be in your bank account today? Here is how, Step by Step. Enjoy! Add me on insta @ThisisJohnWilliams

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Do you want to know how to take out a 0% interest loan today? In this video I will break down exactly what you need to know and how you can take out this money today!

I do want to warn everyone that with money and with debt comes responsibility and if you do not know what you are doing with this money then don't take it out. Let me explain. If you are going to take it out and start a day trading career, please consider the data. That data shows only 25% of traders are still traders two years later due to all of the losses.

If you are going to start a business, I also advise you to look at the data because the data suggest it will likely fail. I am not saying that you will fail, I am saying that the data on new businesses is very bleak.

However if you are renting an apartment and this apartment is costing you $1,500 per month and you want to buy your first real estate deal. Then this example could work. Let's say you find a great four plex and this property rents for 1,000 per unit (4,000 gross income) the expenses (water bill, taxes, landscaping, etc are $500). You want to move into one of the units and manage the property yourself. If you bought the property your mortgage would be 1,500.

This situation would allow you to live for "free" and profit $1,000 (considering no vacancies or issues arose). So this would essentially allow you to save $2,500 (now you are not wasting rent money and you are profiting from this building + tax benefits.

That situation could work out well. The key is taking the loan out and quickly paying it back. I advise making large commitments each month to get that balance down and at 0.00 by the end of twelve months.

Credit card companies use this 0% interest tactic to draw in a crowd and with crowds comes limited responsibility and they take out the money and can never pay it back on time.

Did you know if you took out a $10,000 dollar loan and it takes you 36 months to repay it would cost you roughly $4,000 in interest?

All things to take into consideration. I would not use this money to become a house flipper. Most house flippers lose money, especially when they first start out.

Graham Stephan, Meet Kevin, Max Maxwell, Grant Cardone, and Bigger Pockets have put out a video on house flipping about why they does not flip houses and I agree with a lot of those points. That video was made a while ago before all of the chaos happening in the world meaning there is much more risk today than yesterday. Especially since when you buy properties to flip it could take 6 months to a year or more and who knows what the future will look like that far from now.

I hope you enjoy this financial education video for all you entrepreneurs out there and hope this brings you financial freedom! Thanks for watching.

#financialeducation #realestate #realestateinvestor

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