Things You'll Need:
- CHECKING ACCOUNT
- CREDIT CARD
- ANY JOB
-
Step 1
FIND A JOB
-
Step 2
START A CHECKING ACOUNT
-
Step 3
DEPOSIT MONEY INTO CHECKING ACCOUNT EVERY PAY CHECK-ENOUGH TO COVER YOUR GROCERIES AND GAS FOR VEHICLES
-
Step 4
APPLY FOR CREDIT CARD
-
Step 5
USE CREDIT CARD TO ESTABLISH GREAT CREDIT-PAY FOR MONTHLY GROCERIES AND GAS WITH CREDIT CARD.
-
Step 6
PAY OFF CREDIT CARD EVERY MONTH WITH CHECK FROM CHECKING ACCOUNT***THIS STEP IS VERY IMPORTANT BECAUSE YOU DO NOT WANT GO INTO DEBT.
-
Step 7
REPEAT STEPS 5 AND 6 OVER AND OVER-IN A YEAR YOU WILL HAVE ESTABLISHED GREAT CREDIT.
-
Step 8
ASK FOR INCREASE IN CREDIT LIMIT EVERY 4 MONTHS
-
Step 9
WHILE REPEATING STEPS 6 AND 7 START LOOKING FOR HOUSES FOR SALE UNDER $50,000 IN AREAS THAT RENT FOR $800-$900 A MONTH
-
Step 10
WHEN YUOR CREDIT LIMIT REACHES $12,000(AND IT WILL IF YOU DO THESE STEPS)TAKE CASH ADVANCE OF ENOUGH MONEY TO PUT 20% DOWN ON A PROPERTY AND TO PAY ALL CLOSING COST.
-
Step 11
GET A 30 YEAR MORTGAGE AND BUY THIS HOUSE(WHICH WILL BE EASY BECAUSE YOU HAVE A JOB,CHECKING ACCOUNT,AND GREAT CREDIT)
-
Step 12
PUT ADD IN PAPER -HOUSE FOR RENT $850 A MONTH
-IF YOUR MORTGAGE IS FOR $50,000 OR LESS, YOUR MONTHLY PAYMENT W/TAXES AND INSURANCE WILL BE LESS THAN $450.YOU'LL HAVE $400 DOLLARS A MONTH IN POSITIVE CASH FLOW FROM RENT -
Step 13
TAKE $300 DOLLARS A MONTH OF THIS EXTRA INCOME AND BUY YOUR NEW HARLEY DAVIDSON,BOAT OR WHATEVER YOU CHOOSE.TAKE THE OTHER $100 AND PAY YOUR CREDIT CARD DOWN EACH MONTH.
-
Step 14
LAST STEP-PAT YOURSELF ON THE BACK BECAUSE YOU NOT ONLY BOUGHT A MOTORCYCLE WITH SOMEONE ELSES MONEY YOU ALSO BOUGHT A HOUSE WITH SOME ELSES MONEY













