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Raybyrnes
ParticipantLa Jolla Renter
This strategy does not work aswell these days because they now charge 3% for balance transfers. Additonally you would not wnat to open 4 card at the same time because you would use up all the good ones. A better idea would be to stagger your credit card openings. Open up 1 with lets say 20K. Use it for 9 months and the final 3 make large payments to get this to 0. Next years comes do the same thing.
The only downside to this from a credit standpoint is utilization. Once you get past 30 % utilization on your CC you will see a drop of about 15 to 20 points if you are starting out at 800. Big deal. Now you are 780. You still qualify for preferred loan rates.ParticipantLa Jolla Renter
This strategy does not work aswell these days because they now charge 3% for balance transfers. Additonally you would not wnat to open 4 card at the same time because you would use up all the good ones. A better idea would be to stagger your credit card openings. Open up 1 with lets say 20K. Use it for 9 months and the final 3 make large payments to get this to 0. Next years comes do the same thing.
The only downside to this from a credit standpoint is utilization. Once you get past 30 % utilization on your CC you will see a drop of about 15 to 20 points if you are starting out at 800. Big deal. Now you are 780. You still qualify for preferred loan rates.ParticipantLa Jolla Renter
This strategy does not work aswell these days because they now charge 3% for balance transfers. Additonally you would not wnat to open 4 card at the same time because you would use up all the good ones. A better idea would be to stagger your credit card openings. Open up 1 with lets say 20K. Use it for 9 months and the final 3 make large payments to get this to 0. Next years comes do the same thing.
The only downside to this from a credit standpoint is utilization. Once you get past 30 % utilization on your CC you will see a drop of about 15 to 20 points if you are starting out at 800. Big deal. Now you are 780. You still qualify for preferred loan rates.ParticipantLa Jolla Renter
This strategy does not work aswell these days because they now charge 3% for balance transfers. Additonally you would not wnat to open 4 card at the same time because you would use up all the good ones. A better idea would be to stagger your credit card openings. Open up 1 with lets say 20K. Use it for 9 months and the final 3 make large payments to get this to 0. Next years comes do the same thing.
The only downside to this from a credit standpoint is utilization. Once you get past 30 % utilization on your CC you will see a drop of about 15 to 20 points if you are starting out at 800. Big deal. Now you are 780. You still qualify for preferred loan rates.ParticipantI think the point Sheldon is that you say that you are helping to advise people of their best options. If you can not do loans outside of California and someone has multiple properties and he is looking for the best strategic plan for all properties than you are limited in your advisory capacity.
Why are you on the defensive?
ParticipantI think the point Sheldon is that you say that you are helping to advise people of their best options. If you can not do loans outside of California and someone has multiple properties and he is looking for the best strategic plan for all properties than you are limited in your advisory capacity.
Why are you on the defensive?
ParticipantI think the point Sheldon is that you say that you are helping to advise people of their best options. If you can not do loans outside of California and someone has multiple properties and he is looking for the best strategic plan for all properties than you are limited in your advisory capacity.
Why are you on the defensive?
ParticipantI think the point Sheldon is that you say that you are helping to advise people of their best options. If you can not do loans outside of California and someone has multiple properties and he is looking for the best strategic plan for all properties than you are limited in your advisory capacity.
Why are you on the defensive?
ParticipantI think the point Sheldon is that you say that you are helping to advise people of their best options. If you can not do loans outside of California and someone has multiple properties and he is looking for the best strategic plan for all properties than you are limited in your advisory capacity.
Why are you on the defensive?
ParticipantOC
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what email address hit you up at for an inviteParticipantOC
what email address hit you up at for an inviteParticipantOC
what email address hit you up at for an invite -
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