Banking is the study of money.It is used to fund and startup everything we use in our day to day lives. Banking and realestate goes hand and hand.
JUST LIKE HOW LOANS AND BANKING GO HAND AND HAND. You need good credit to get a good loan and start a good franchise. You need knowledge and
great personnel to effectively run the business. Then you need the technology to keep your business alive.
There is not one without the other. Our whole system is based off banking a rules that should not be underwritten. I am not going to say
all banks do is fund people and institutions, this would be false. Banks practically regulate our economy and the currency that goes through
each city. They can be a great starting point in to your world full of money. Again you should not underwrite nor be over confident when it comes to either
finincial tool. Because money is a tool; nothing more nothing less.
For anybody who knows something there is always something
more to learn. Please let me enlighten you. This article is going to be talking
about the best types of compound interest and how to make your money grow for you. Interested in making some extra cash? Good, I thought so, I am too.
Compounding is a very handy money saving and maturity tool that will help you make more money. Compounding is widly talked about because of its leaps you can
make from rags to riches. In layman's terms, compounding is reinvesting your money you have earned from an investment and instead of spending that money
you reinvest it into another money savings tool. Like buying a computer and selling it and then buying more computers with that money and doing the
process all over again. To get technical you can take your reinvested money and let it compound in the bank for a spiffy pojected outcome. This is
called automated compounding because you dont have to do much and your money will reinvest itself. Look up CDs and Money Market Accounts, banking systems
have great tools they use to help you. Dont just go off of one persons word do your own research and make sure your fact add up before putting your
money into any government institution.
RealEstate
Banking and real-estate is like a work of art, you have to focuse on one part at a time to understand the whole process.
Always be responsible with money you own. There are many aspects of banking but banking revolves around credit and currency. Go out and get a credit card go out and get that 5 million
dollar car you want, you are worth it and you deserve it. People make these accusations about money and loans that are driving people away from the blessings
they can be getting or should be getting. You need good standing credit to get a house or atleast %5 to 10% down on a home loan (aka)mortgage .
Realestate BluePrint & WholeSales
If you want to make money with realestate and not have to make a down payment. You can think of a lease option agreement,or you can make your credit really good to get a zero down payment.
In a lease option agreement or rent-to-own you dont have to pay for the home right then and there but you do have to close on the contract for the actual lease option in which you go
through a title company for or escrow. You will pay an extra fee to rent out the property which is generally a 15% increase in rent that is the lease option conditions and it will go
towards the down payment as leasing credit so make sure your lender is crediting your transactions. If you option out of the contract you will not be returned the extra money you
have been paying.