Banks Fear This Man: How Derrick Whitehead Cracked the Credit Code

So I don't care how much money you showing off it doesn't matter you can take 10 million go buy a yacht tomorrow and you broke you broke you might have to take notes on this [ __ ] well the first thing is is let me tell you first it's three levels to this so everything everybody talking about on the internet yeah that's just that's just um baby stuff right so they go and get one two $300,000 they go and Do their credit they got to have their credit done then they got to have the corporation

but not a LLC LLC is for limited Banks don't like limited I'm a bank I used to teach them let's get it okay okay so so so there's three levels the first level is they're gonna get one two three four $5,000 credit cards then they G to stop and let it hit the credit report once it hits the credit report then they gonna Go in and file a tax no then they gonna leverage their money you got nobody talks about leveraging their money yeah so that means you don't take 200,000 that's just a watch right

you're not going to take 200,000 to go go try to build a business so you got to go get yourself a bond bonded that makes your money explode so the bank will lend you more money know you got a bank a bond that's how they pay basketball players and football players so then they gonna Come in after they leverage it looks bigger now the bank will lend you more they got money rolling through your business now you go and do a loan because you file your taxes now you do taxes now you can go $500

million dollar after you file your taxes then you you going to come in and you're going to take this thing here for $125 and you going to get those stock certificates now you're going to go in and start raising money because your Company looks good Obama says you can raise funds and you don't need no broker dealer now once you raise your money raise your raise funds if you get the average fund is going to start raising 10 million 50 million one of my students is going for next week $100 million raise wow I go

real stuff this is real so that's what a fund but nobody knows about a fund so online they don't they don't teach this they don't know nothing about this so now they get the credit Done that's done now you're going to put you know get some trade lines put on it whatever now you get your corporation once you get your corporation you put those two together you get your one2 200 $300,000 credit cards leverage loans after you do that that's all they know they don't even know this much but that's all they know they don't

know the next level crowdfunding build a fund crowdfunding fund bro because you got this document In here you get your court inside this Corporation is what they call right here this what they call this a good standing letter yeah this is the first this is the first attack it's just like this is your make you a 100 air you want to be a 100 air you dealing with this you're in good standing they see that your company's good standing they base you that hundreds and thousands one two 300,000 based off this but when you want

to go In and get 500,000 million then they're G to deal with this this is where you're going to go in and make your company valuable that's when here these are articles this says in the Articles it says that we have this in the Articles it says this is who we are what we do and we'll abide by all the laws that that are applicable but guess what there's also something here called shares when you buy it first the Corp is zero par value it has no value look in There and see how many shares

you have and when tell you got 10,000 shares this a license almost to print money wow but nobody sees that no they don't so nobody teaches them so they go they say oh I got 10,000 shares your Shares are zero par value you got to make them valuable because Bezos is worth a100 billion doar he ain't worth that his company is worth that the value Oprah she got $6 billion she don't have $6 billion under her mattress it Won't fit right right it's what her company own in Harbo that's what her company is worth the

shares are worth so let's let's substitute shares for the word uh assets right so if you took that beautiful diamond necklace and that all that you got and put them inside your court that would give your court more value right so we use the fake money the 200,000 and credit cards and whatnot buy real things like that or like property That's why they call it real estate because it's real that's why you call it real property under the Constitution your prop your real property it didn't say your dollars it says your real property is protected

you defend that right right so you can't defend paper money so they call it real property you take the real property with the fake money bu real property put it in here makes your shares have value now that you have value in your shares now you Can go in and give those shares to like investors who want to say I like your company because Rich folks a lot of them are lazy they don't want to work non-performance income they want to just come in and say I got a billion dollars take this money invest it

that's what the dude on Shark Tank does his name is Kevin o lry he has 10.1 billion under management he's managing somebody else money that's the game that is the game we ain't taught that game no we not Right so the next level build a fund he's doing a fund what about the what about the the guy named Robert F Smith the brother yeah 250 billion under management wow he just manag a technology fund he said give me some money so the real game is can you just give me some money at a high level

give me some money so how do like how would I be like for instance if I was trying to do how would I be able to get to that point for somebody that's Watching like just I get like uh let's say if I get the um I set up everything my Corp you know because it's a lot of people that just have to you know clean in the credit level and getting funding level and this another level right here oh this is the level but how do they be able to like okay my shares right

how would I get people that want to give me money like is it the way I got to set up the company the right way or is it like what would I have to do this will blow Your mind yeah the information that they don't teach us they should teach us this stuff in high school for sure guess what do you know have you ever heard of a leman's agreement no I was explaining that to the to to my man here a little while ago yeah there is a company that's called the boutique a lot

of people may have seen that movie called um The Boiler Room yeah well and after that was Wall Street and after that was The Wolf of Wall Street right Gordon who lives in LA right yeah right these are real people this is real stuff the boiler room they have them in Costa Rica they have them in Mexico they have them in New York they had him in LA right Richard gby is the one they made the movie about in San Diego m so guess what there's a company that's called a boutique now they don't call

them boiler rooms anymore call them boutiques because that movie gave it a bad name but what do they Do they take your company and they take your share your stock certificates that I'mma show you right here this is a stock certificate stocks this comes for $125 you buy this book on Amazon called a corporate kit a corporate kit this is a stock it comes with these things called a stock certificate this is your Millions you take this and you give it to a Boutique you know what they do right they have something called the leman's

agreement say on your right hand side you say 1 2 3 4 5 on your left hand side you say 5432 1 If they raise you they raise the money for you wow so they raise the money for you they get the money for you so we out here talking about Section 8 we out here talking about get 120 get 25,000 from Chase that's Game these people go in If they raise you one it's called the leman's agreement right there many agreements I'm just saying this one if you have if they raise you five million

If they raise you $1 million they get 5% If they raise you $2 million they get 4% three 3 million 3% anything over 4 million that they raise you is 1% they raise you a billion dollar they get 1% so you don't even have to work you Just raise the money now Obama went in and said you don't need a broker dealer it's called the jobs Act he said you could take this and you could open up a place in Costa in in the Philippines and have a call center of your own and have them

just call people saying hey would you like would you like me to I'd like to send over some information on my company would you like to invest so you got Guppies whales and Institutional investors so a guppy he's like a doctor he get like a 100 Grand to to you know 100 100,000 to a million right oh whale will give you like 10 million 100 million an Institutional Investor like Sony they'll give you a billion dollars based on a 504 regulation D and you can look this up a 504 reg D under the SEC is

a paper that they give you and say okay we allow you to go and raise and raise that money with a 504 you could raise up up to10 Million so that's what I say you should do first right then once you have a successful raise right then you can do a 506 that's unlimited you could raise unlimited money so all you really saying is can you give Willie some money not me can you give Willie some money that's the game right you prefer you prefer a C Corp or a es Corp a C Corp is

definitely C see they don't Teach us this so LLC means limited liability right limited liability so why would you go out and go to the bank talking about I'm limited they gonna let you no money right you go to get basic you go to somebody you go to a lady or a guy whatever you whatever your thing is you know what I'm saying and you say hey we've been talking for a while maybe you should exchange numbers you know we got a lot of energy lot of Synergy okay or you know okay whatever and you

so and you say okay she pull out her number or whatever you say but I want to be straight with you I'm I'm a straight up guy say what's that says I'm limited I'm limited right yeah I'm limited and you know what else you're right see what's that I got liability what you got an ankle bracing on what the police after you what you what you mean your baby mama what you Yeah you know what she going to say I forgot I left a pot on on the stove I got to go oh right well

babe what about that number I'll see you around limit she get in the car with your limited self by yeah that's what the bank GNA say to you I know I used to teach some of these guys damn so now everybody saying they at least they smart enough to know to not do it on their own their self because you are the 85% you're you're not a part of the game You're a person they own you as a corporation right there two United States of America these United States in America the area of America North

America and then these United States of America that's Washington DC and that's a corporation out of Delaware because they don't want to have liability so they're smart when they made this whole thing up so that's private and public what most us dealing with is the public side of understanding we think we got to Work work work but this thing here is a C corporation see LLC is limited that's for protection limited liability right so Banks don't let don't like lending they give you a little bit of money you know 100,000 200 what okay that's baby

but they're not gonna give you that big money and you can't you're limited you can't go to the top like I just explained yeah you can't go in and use those those stock certificates and get raised Millions right right so a C Corp not a SC Corp es Corp is for investors investors Say Hey I want to invest in your company but I don't want to I don't want to be a part of your company that capital gains I just want to invest that's what that what I got I got a escort so if you

don't have investors why you got to escort why you got to escort we don't we're not taught but Superman Superwoman is the C Corp they call it a mama Corp because it's shap you know Mama seat Right so you put everything you take the mama this is perfect purposely made to get money nobody never teaches us but this is called a special purpose entity it's a person a entity corpse body dead thing you raise it up you smell touch here and feel for it you don't have a conscience so you come in I'm just a

officer like United States is a corporation said you bomb that place over there you going to be you going to jail the President says I didn't do that United States of America did that well since they own you when you're born you're a citizen they make you a citizen they make you a corporation and now they take money and put Bonds on you United States bonds put a lot of money in one of your accounts 12 federal reserve banks just turn over your social and see where your money is that's your that's your corporate number

on the back so now you go in I think Atlanta is like C is Atlanta yeah so all your money is in Atlanta so so you got 12 of them depending on where you live so now they hold your money and then they use those bonds to borrow from the Federal Reserve Bank they borrow their money based on you work it so all federal money goes in to pay the the United States debt or federal money or federal tax so since they own you as a Corp you they not going to give you as much

as they give a Corp because it's a Separate thing so you need to own your own corpse so you can be the same thing as the President right so how do you how do you build up a court like a c Court like if a person was starting from scratch is it better to buy age or is it just better to you know well it's a good question so basically Banks don't like rookies right you know what I'm saying they don't like risky and they don't like rookies so you walk in the bank talking about

I want to Borrow you know um uh some money they going to say first thing going to say is two questions age how old are you if you walking in with a brand new LLC you double hit you ain't getting nothing first of all you got a LLC you're limited and I got liability like oh nice thanks for telling us yeah right yeah get out of here right and the second thing is I'm brand new right yeah so and then you got the wrong sick code a Si code is a SIC code A SIC code

is an identifier for the bank that says we lend to them we don't lend to them or we give them a little bit of money so they don't like risky things so you walk in talking about um ABC Trucking we name ourselves things that Banks don't like so the bank said we don't lend the trucking Trucking is risky dangerous or we uh real estate they don't in the real estate unless you did six of them in a business now they start considering doing business right So that's why you go through you know hard money lenders

in the beginning but then they don't lend to doctors and that's risky that's why doctors are llc's or limited liability Partnerships LLC is not a corporation that's a limited liability company they don't have shareholders but you want to use them shares to rise up so what's the use of that you want you ain't going nowhere right so now the corporation is a person so Everything you have they say first of all let's back up if you go in and you say I'm less than three years old two and a half tax years they're G to

say you're a baby come back when you got some experience two things they G to ask you about that's very important in borrowing and lending how old are you do you have age do you have experience and the next thing is is what's your your story because the corporation remember a CT is there to borrow money that's what it's for it's not there to do business most people think I got to do business and work and work and work we get money to do business we don't do business to get money right that's what they

on understand you got to work and work I got to do marketing I got to do Car Sales I got to do what you doing I'm selling CS what does it take to sell CS I got to get my cars I'm saving up for that I got five cars down Maybe in five years I'll sell enough cars to get my own bigger dealership really that's rookies you go in and say I would like for you to give me some money not me really Corporation they say okay is Willie built right does really is Willie a

baby no so that's why you going to get a age Corporation yeah why you going to walk around walk in the bank talking about a baby give you baby money exactly even if You go to the government to do like a government contract which everybody should do get some that government money like sign up for sam.gov and don't be a minority now you gonna get the best deals right which you know there may be some laws put in now that's saying everybody's everybody but still the government contracts is 10 times more than than the than

the regular contracts so you walk in sign up sam.gov they're going to ask you how old are you How old is your company if you say I'm brand new and smaller contracts so you should have Ag and no matter what so why would you wait around they want at least two tax years to bank right or any investor a tax year is January to April January to April so from January to April January April that's two years that's one year eight month one year one year four month one year four month that's two years eight

months so so that's that's you might as Well round it up to three years right so never go in under three years and never go over when you buy age Corp over than eight or nine years why because the bank is gonna say wait a minute just like dog age a Corp is like dog age so if you like 10 11 12 years old you're like 65 75 years old right so you telling the bank I don't have no documentation and I'm 65 years old I ain't got no cars I got no credits I Ain't

got nothing I ain't got no 4506 TS that's that's uh taxes I I don't have no financials and by the way when you funding you can use stated financials you don't have to have you don't have to have and they help this is a part of your leveraging right and your bond and your insurance on the bond it's a part of your leveraging your proof of fund funds that you can buy right so your proof of proof of funds that you can buy of course just go online and Look up proof of funds as you

somebody put you on their bank account you paid them a little bit that's not illegal wow and now you go in the bank go check and see oh this D got $10 million you on the bank account with $10 million all right makes sense but that's especially like when you doing real estate so that's helps with that okay because you know I manage 20 2 billion under management wow Market traded notes notes that's a whole another world So you want to make a dollar at a at a 15 cent no because the bank has to

get rid of the notes they can't do nine times of what they lent you if they lend you a dollar they now have nine times that on their books so but the but the law the rules on the Gap says you cannot do that if you have too many toxic loans on your books so they say uh we got to get that off it's keep stop keeping us from doing a lot of money here so they will sell that to you credit card debt Three cents on the dollar damn so you go and spend for

$300 you get a millionar worth of debt from the bank or a debt broker go look at online and look up debt broker so you go buy the debt you buy the note anything is a note like the dollar is a note it's a loan yeah right any you have a a note a car note house note right so when you do that now you own the debt that people are not paying but now they're not performing so they only worth three Cents but if you go in and make it performing now guess what now

it's worth the full value so I could go in I could say you know what I own your debt you know what you know what you know what B man I own your debt yeah you owe me 100,000 I done bought a million for $3300 you give me $100,000 you know what I'm do for you since I own it I could throw it in the trash if I want but Merry Christmas I'm calling you not to View you har I'mma help you I'mma erase all negatives off of your credit you do that yes and you

know what I'mma do you owed me a 100 Grand now I'mma cut that into 50 Grand would you like that yes you know what else I'm going to do for you you was paying me $55,000 a month 6,000 right I have it right here yeah can you pay me 600 a month and I'mma do all of this for you but the only thing is is you must pay on time that $600 every month for six to Eight months yeah I can do that if they pay six months some banks are six months some banks are

eight eight months I no banking once they pay on time now you can take that 50,000 and go to the bank and say I have a performing debt and I need you to borrow lend me 75% of whatever that's worth right now the bank will say how would you like that damn so just like that just like that Dam that's what they Call performing on performing debt that's why I never that's crazy I never knew this why do you think the people who do debt collectors they start debt collecting companies yeah why you think they

become multi-millionaires overnight because they go in they collecting the debt from them cutting it in half and if I do that if I got a if I got a million dollars worth of debt for $300 right yeah if I cut that in half and make that Same deal with everybody and make a performing debt I just made like $500,000 worth of positive debt that means I got $300 I got 500,000 they gonna lend me 75% of 500,000 damn right now and then what I'm going do with that I'mma go buy more debt and I'm G

do the same thing yeah so overnight I'mma Be a multi millionaire and then once I do that I'm g go to the next level and I'mma buy house debt I'mma buy the note I'mma Be the bank so if I go in I say I'mma buy but you got to have good money to do that yeah that's why you step it up so now you got some good money you go in and say I want to buy 16 homes from the bank they not paying so if you buy that much that cost you maybe about a

100 million but you go in you buying it for for 30 cents on a dollar you go in and buy the debt from the bank once I get rid of 75% % of it I can say listen you flippers out there Y'all looking for inventory right yeah we need inventory I'm giving you this house for 75 cent on a dollar they gonna kick your daughter out give you your first born right but you guess what you paid 30 cents on a dollar for it so you made 10 30 40 50 60 70 you just made

45 cents on the dollar right back to you now you times that by by 16 Homes at $500,000 it may seem a little technical but once you start Doing it let's do one house Let's do let's do if they bought those houses yeah you paid off the debt you still got 25 houses to yourself free and clear damn so now you take one house take one house at 500,000 you own it most people going to sell it for 500,000 they like I only paid see 40 cents on 30 cents on the dollar only paid what

uh uh uh 30 30 60 90 100 10 20 what $120,000 for a house worth 500,000 right but most people say oh man I'm selling that I'm a banker it's the numbers game so you say you want to buy the house I'll give you a 30e uh uh mortgage so you going to wind to pay me $2 million in 30 years compound interest right so why would I sell it so I keep it and I say you now I have a note remember the note yeah I got a note for 30 years a 30-y year

note they're gonna say sweet so I don't have to go Get a loan no I'm the bank so now you go in and now you own the house get a house to them for 30-year mortgage that's what the bank does if they make six months or eight months payments on that house straight that's performing note now you go to the bank and say I got a I got $2 million and I'm GNA get from them in in 30 years I got a 30-y year note it's the value that 500,000 plus the house itself Has what

$300,000 Equity the bank is going to flip his lid like you speak Latin right somebody done taught you Latin because it's private and public I'm teaching private right now damn so now you could go to the bank and say I want to borrow 75% of this 2 million because they've been paid on time for eight months is performing debt I want to borrow 75% of that they're gonna say when would you like It now that means you gonna borrow 1.5 million off a house that's worth 500,000 you gonna borrow 1.5 million times 25 right now

I get it yeah now what you gonna do you gonna take that and buy more notes damn you pushing a billion dollars brother in two three years for sure why you think the bank is so rich it's just paper we got to learn How to move paper paper all this business that we doing we need to be sitting on the beach talking about yeah yeah I want to buy um yeah I want to buy what kind of paper you got you got mortgage that okay I want to buy give me you know 500 million of

that okay 500 million yeah okay I get 500 million the more debt you buy the cheaper it gets so you be buying houses out in California that's worth uh million Dollars but the bank got to get rid of it you buying that for like 40 cents on a dollar because they got to get rid of it the the people are not paying the bank cannot make that money when if they have if they have that debt that's not paying that's called non-performing debt right so so first of all notes that's where the money is I

manage 20.2 billion under management Market traded notes non-performing notes damn Right so if I can do it anybody can do it they just have to know how to do it so back to the question that's just one way of making that money but the way to get the money to do it I say Mr whiteed how am I going to get $100 million the same way you went out and got $25,000 from from Chase yeah what you do ask for some money you went to the bank and asked for some money right Right but you

went in looking with a small mentality you didn't go in and say to an investor oh I don't want 25,000 I want 25 million can you just give me some money so you build your corporation up to it has value make it look really good then you go in with this stock certificate that they give you inside this book for $125 and you say I have this and then I have what they Call a pitch deck okay see see see a business plan everybody's talking to business plan business plan that's because they're rookies right right

business plan is if you have two years in business you've done two years of taxes right if what but you haven't had two years of taxes so you're going and getting that baby money but a a summary is a cation when you haven't had to years of taxes but When you doing this kind of raise stuff with this they don't care nothing about your credit and this ain't a debt you don't owe the you know you you borrow a million dollars from the debt for the bank at 10% interest now you owe the bank $1,100,000

at 10% interest not this there's no interest unless you do interest you could do two things you could do equity or you can do uh interest you'll say I'm Going to go in let's say I'm going do 144 stock I'm G give you I'mma take I want to raise $50 million to buy this apartment complex you have what they call a private placement memorandum plus this that's $128 $25 private placement memorandum says this is what we do this is how we do it and we're going to abide by every rule that we're supposed to that's

up applicable to us and sign right here you Can lose all your money just like Google just like Yahoo just like any of them if you if if Amazon you invest in Amazon or even Bitcoin yeah if Bitcoin crash your money's gone but if but if Amazon crash your money's gone because you don't control it the person that's that's managing the Amazon if they crash and you lose your money do you get any Amazon's cars do you get any of the assets do you get any of their money where the money Went just disappeared because

the market went down you lost your money they still have that money damn and this ain't a debt so if you borrowed a million dollars from the bank at 1.2 million now the next level is you go in and raise funds right that ain't a debt so you can go pay off that 1.1 million with this the money that you raised you could pay off that loan and you don't have no Debt now your company is debt free d who's telling us that nobody n that's crazy that's deep hey that's deep this thing here is

almost a license to print money but they don't tell you that damn they don't tell you that now if you do a raise this is you could do crowdfunding with this right that's when you go in and you know you are you raise a certain amount of money you can do um under the SEC so we learned like the the different tricks and stuff with The bank but we got to start expanding our knowledge into High Finance right see that's low Finance so we got to start expanding our our knowledge in the bigger money we

don't think that we can get 100 million but all they doing is raising money what's a publicly Trading Company that ain't nothing but a company saying can you give us some money it's just that they doing it Around the world legally I can raise money around the world can you give us some money and we'll manage it for you we'll give you either Equity right that's a piece of the company and when you get this it gives you a piece of of the company right yeah but after you make the money back you can pay

them off and take this back right or you can do or you can do um you know like interest you can say I'm G to pay you 8% interest on your money and I'm gon send you a pitch deck a pitch deck is it's not a a summary it's not a it's not a you know my business plan it's a another level it's a pitch deck a pitch deck says I know you ain't got time to listen to me all day talking about my business rich people ain't got time for that so write a pitch

deck that's big boy big girl talk right so you say I'm going to send you remember that Boiler Room thing I was talking about when they handle it so they get you you give them a pitch deck you give them a piece of this which is your money pretty much and then you give them a um what they call a private placement memorandum that's the thing that says you can lose your money right and this is Who We Are your pitch deck describing what you do best case scenario worst case scenario uh uh worst case

scenario Medium and best case scenario right yeah and then you say these are some of the things that I feel can go wrong but we have thought about this so now they pretty much won't go wrong because we we' found out what to do in case this happens that makes investors feel good better right not just just dream in the sky you definitely going to make no we thought about this and then you go in and say and these are what this is our competition either we don't have none or These are the people that

doing it so we following what they do they made this much money so why wouldn't we sure right yeah this is your pitch deck your pitch and it should be real nice and real elaborate real nice why not you trying to get 25 50 100 million right right so you think that if somebody um trying to put together a pitch that do think that they should hire a company to put it together or they should try to definitely yeah like one of the top Companies out there okay definitely I mean you want you want your

pitch okay to look beautiful so you got your pitch deck right and you say I want to send this over to you and see what you think about it because they ain't got time to listen to you you're right so so you say you can do this yourself Obama said you can do this yourself right so why we sitting here talking about government cheese Section 8 cuz we don't have a clue so if you Don't want to do it yourself you can go hire what they call a boutique and they'll do it for you it

don't tell me a better game than this ain't no better game than this there's no better brother you out here working and everybody out here working and working and working and working what all you supposed to do is just ask for some money that's crazy I never heard of that so this is going on everywhere just look Online and look at just look at funds yeah I see them all all the time I be seeing people like yeah a fund and a hedge fund like a head is a hedge fund it's a hedge fund you

got a a a a technology fund you got a real estate fund a RIT Real Estate Investment Trust or or a fund you have um everything's a fund and these are companies that just is basically properly set up a C corporation you know aged um financials got around the right people Got the got everything looking right got this form and basically ask for money can you give me some money wow not no 25,000 and it's a debt no this say not even a debt I don't owe you no I don't owe you no debt unless

you're doing debt in interest I'll pay you back some interest damn but imagine this there's a guy named Kevin o lry right he's on Shark Tank yeah he has he started a company like four years ago I believe his company he has 10 10.1 Billion dollars under management right I didn't say million I didn't say thousand 10 billion billion 10.1 billion how you think he on Shark Tank lending out all this money other people's money he said give me some money I'll lend it out and put it in companies I think I believe in oh

wow that's what he's doing you could be Kevin Larry nobody nobody taught you that's crazy damn so basically he saying like I'mma give the money out to people I think that uh that's crazy and and and He can and and the game is is that he can lose 15% of that money but as long as he makes 85 % profit they happy they give him bonuses oh Kevin has a forari what yeah okay let's check out let's check out uh how about Robert F Smith the brother that's paying off everybody's school student loans and stuff

like that yeah this dude has a technology fund a fund keyword fund you know this Dude has 2 50 billion under management give me some money so so okay you get the C Corp is it important to make sure you have a lot of employees under the C Corp as well does that be mattering no you got to have but you should have the proper structure that's a good question you a you asking the good questions yeah because you know I know like when they go to the banks they be like how many employees you

have well you should you Know it depends when you go to bank you should have like1 25 wow you should make you should make like you should make like um you should have like 25 employees so employes for instance would it be smart to hire employees overseas like in the Philippines to add on a company or are you talking about like American people American you want to have yeah you um but basically the structure of the corporation is very important right so you should have like So you should have like for instance the C Corp

is a person so we could start from the beginning yeah and work our way up so you have the the LLC yeah which is limited nobody wants to do anything limited and for risky things right then you got the escort that's feel like investors right and they call it a pass through so a lot of times your tax person will say get yourself a C Corp I mean not a c but a but a s or LLC because you can you don't pay double Taxation that's called like a pass through yeah well who cares about

taxes when you making all this money and you got a tax CPA handling that stay in your lane and why wouldn't you pay taxes because the tax man in the bank are like cousins right so when you go in and pay your taxes they say now good boy good girl go take this to the bank and the bank show them that you paid me and now I'm going to go in and negotiate more money so why when you pay your taxes you Shooting yourself in the foot for growth because every year you're supposed to make

a little more and the bank oh you made more here some more money you work the good with that million let's see how you do with two million so what if people what if people ow on their taxes if they if they ow in their taxes they should pay them you should you should make an arrangement or whatever yeah and then you should go in and structure your company and get a BPG and pay that off pay your taxes off with the money that you get from your other Corporation I'm not a tax man you

know I'm not a u I'm a consultant so everything I'm saying is from my perspective yeah yeah for sure for sure so um so if you go in you get this to get money but you should you should you should always be in the green yeah for sure check this out imagine this people say how do I get out that situation Mr whiteed of of of being Responsible for that debt but nobody teaches you the exit strategy right you gotta get out you can't be a PG forever so if you go in and you borrow

a million dollars from the bank $100,000 from the bank you should take out at least a Year's worth of money and put it aside to pay the debt it don't exist I don't care if your if your girl your mother say well we have that money over here we can use that I'm Insulted right that's how I Stay Alive because if you take the money and you put it aside to pay the debt say if it's $1,000 they're going to charge you maybe you know for $100,000 they're going to charge you $1,000 basically a month

so you take $122,000 put it aside and then use the other 88 right whatever and you use that to to to flex and build and then then expand your money then go in and build your corporation and do a little business With it but now you're getting ready to go uh uh of of uh fund but not fund but use this paperwork yeah this paperwork so that you could get that debt get rid of that debt but the other way to get rid of the debt is to put money aside so now you don't have

to worry about servicing the loan because the money is there but the bank I usually teach people who make millions and millions of billion or whatever yeah trick if you pay your bills on Time guess what that's a 80 payex so you need five to eight trade lines in order to have a 80 payex this is a person it has a credit score it has a rating and everything just like you right so so if you pay your bills on time that's like a 800 credit score at 80 payex called a payex score for a

business so if you pay your bills on time time you get an 80 payex that's what we want to achieve right you check Experian or or or or or dun and Brad or or nav check your report Which you should always check yeah you want an 80 payex it takes five to eight trade lines usually and paying your bills on time to acquire 80 payex now the bank loves it so on the business so for instance let's say if it's primaries um you get basically eight primaries placed on your business if possible you basically say

five to eight but you know what they teach you on the internet yeah they say oh you could do non PG funding and everybody says oh Because they know a little bit they say go in and and get a Euro line right go and get a quill go and get a Interstate Battery get five or eight of those and now you look good you got your 80 pay deck so the bank gonna love you but um I know banking right who the hell gonna give you $100,000 because you got a $50 quill exactly nobody for

sure no $50 qu I feel like it's better to basically buy the uh like age primaries That's like with limits of like 500,000 or something like that right I think it's better the first thing is is to go in and and fund as a PG first right so you get $25,000 $30,000 maybe a $50,000 uh uh revolving line all secure all right okay right right uh unsecure credit cards that you PG you going to get credit cards first okay right yeah and so now you get $25,000 from Chase or like you know another 100 Another

20 225 from Chase another another 25 from American Express get two CS from then by the time you finish you should go in and get yourself about 150,000 then cool out don't keep going because online they teach you credit card stacking if you do credit card stacking the bank is going to see why is this person getting credit so much credit so fast right so you got to stop after 150,000 and then let it hit your credit Report that's called a trunch so once it hit your credit that takes about 3 weeks to a month

and a half what once it hits your business credit report now the bank sees that you paid the bill they get more relaxed now they'll now now it's time to go in again and now you go in and get your credit unions and go and get your Community Banks the community bank has more money than anybody pretty much because it's they got the same amount of money but they only lend to a Small community right so they cup run over so now you got your corporation but they only land if you're in Texas the corpse

in Texas but the Community Bank you want to borrow from because you done check credit boards right right you see everybody's talking about I got this much money from Chase I got this much money that's what they do on credit board so you go and look and say oh this Community Bank giving out money like crazy yeah so they in Florida though but You can't go to Florida because your company domiciles they call that living where it lives it domiciles in Texas so what you want to do is you want to go for file a

foreign filing in Florida and say I'm a foreigner I want to do business in your state maybe $100 now you now you live in that state now you can go to Community Bank wow and now the Community Bank is so now when you get about say three four $500,000 now you start leveraging because you got some money to work with yeah so now you start doing your bond you know you start doing your your uh maybe your proof of funds you start doing things like letters of intent and say for instance you got a business

right I got a business why don't you work together so I said hey K hey hey Brand man you got your court all set up and everything right it's recognized through dun and Brad and all that right experience done Brad you say yeah say well I want to do business business with you write me a letter that you going to do business with me for 100,000 200,000 don't go too crazy and give me a letter of intent and then when I go to borrow from the bank I'm say I also got this letter of intent

they look at that as like money because now they gonna say oh that helps you and plus do a relationship With the bank when you open the bank put a little bit of money in the bank account right 500,000 100,000 5,000 a thousand whatever yeah so now you have a relationship they feel better but when you give them those other pads to make them feel like well this guy's about to get a hold of some more money so now we can lend them we feel easier in your business report yeah let's say experience you have

three Things going on you got your credit rating your credit score or they call it a pay deck score 80 that means you pay your bills on time over here is a circle it's what they call like a like a like a rating what's your rating so you want that to be one to two right yeah and then you have something that's called like um like a like a uh like where where where you're like um like you have a rating and then you have like where you're uh uh uh how Risky you are like

a risk factor so these two are rating risk factor that should be one to two anything over that now you're getting on risky so never when you build your company I'm G talk about that in a second but when you build your company you want to build it the way they want it exactly right so you want your rating to be one to two you want your risk factor be one or two you want your your um uh uh score to be like 80 or Above right and I'm going show you how to go get

above so now you go in once you have that you look really good so if you pay your bills on time then you put the money aside to pay the bill so if you get $100,000 you take out $122,000 put it aside to service the loan Y and now when the loan comes out you're due on the 15th if you paid on the 15th that's a 80 pay Deck score okay five to eight trade lines is 80 pay deck score if you pay a bill on the 10th before it's due that's a 90 pay deck

score oh damn if you pay the bill before it even comes out that's a 91 you done pay but why wouldn't you pay before big companies do that they don't teach us to do that so you pay the bill before it comes out then guess what got a 91 payex the bank is sitting on the beach talking about yeah yeah yeah get Yeah give him some more money they relax he paying the bill for it comes out but you put it aside to do that now if you go in as a person and you try

to borrow $90 you cannot go over 30% or your credit goes down because you're a Corp they own you but with your Corp you own it now you speak Latin so if you borrow $90 on a corporation Corporation borrow it you could be maxed out and a lot of times banks will give you more money Because they know it takes money to make money but you've been handling that money so let's see if you can handle some more money so if you pay the bill before it comes out and you maxed out what do you

think they gonna say [ __ ] he handling that right they ain't even no sweat so now that's where you want to get them these are the tricks why we don't get money right so now after one year you got four quarters in a year the first quarter you pay your bill Before it comes out then you go and ask for more money because the trick is to continually make your Corp have value I need more money can you give me more money please so you going in people generally ask for money when they need

it but you're supposed to constantly ask for more money don't mean you have to use it you got don't get you constantly constantly you should have stacks of cards stacks of loans stacks of you know Yeah that makes your company have value right so now you go in you say listen Okay first quarter of the year you pay your bill before it came out you say I would like to have an increase in credit please he look at you see paying the bill on time before it comes out give him some increase next quarter 6

months I would like to increase please I a't this bill constantly on before it come give him some more money right next third quarter Same thing the fourth quarter you go in and say oh you would like an increase uh uh yes but also I would like to borrow Willie Corporation not me would like to borrow A1 100,000 because that's what you borrowed additionally right Willie want to borrow that on his own they're GNA look at your credit and say he's been paying this before the bill comes out for a year they more likely gonna

give Willie a loan on its own because it's strong Right now you take that money and you pay off the loan that you PG damn Bo you out the out you out the game right now it's on its own so now you go in and you start building another Willie right there ain't no way you're supposed to have millions with this and you're supposed to be able to protect your exit strategy we don't don't go down we make a lateral or we go up that's a real business man I'm not talking about game I'm not

talking about Oh that's man that's game I'm not talking about game this is business for sure so we are businessmen and we are business women so when people ask you they say what do you do you say well what I do is you know I drive truck why do hair no I'm a capitalist I I look for Capital as a capitalistic Society I'm looking for capital in the capitalistic society that that is that is legal and brings in capital that's What I do I just happen to drive trucks that's one of the things you got

something I can capitalize on right I'm a capitalist just like the people who run this country in this world they live on Capitol Hill yeah right where the president live in the capital right so why aren't we or you or everybody capitalists right it's a capitalistic Society I just happen to sell gold I just happen to do Bitcoin that's one of the things I do you got something I can Capitalize on and we take advantage of other people's losses right that's why I said nonperforming notes you losing your house through you losing a complex apartment

complex hey I'll capitalize on that the bank a goingon to lend you no money because you got bad credit bad corporate credit right and I'mma tell you something about that in a second I'm just I'm just I'm just gonna spill it right yeah check this out if you go in And you say you lost your apartment complex you're losing it the bank ain't gonna deal with you they a talk to you but if I come in I'm in good standing the bank GNA talk to me because they like this guy he he has a potential

he's an investor right so if I come in I say listen the first thing in business is I spend no money if we can do it without any money that's what we do because we're capitalists so we go in and say listen This is the art of the deal everything's a deal you losing your place yeah how much is it worth well I want I want 500 million for it okay I'm not scared of the numbers I want 500 million okay how much is it worth 500 million what you selling it for 500 million uh

nice talking to you do I look like wiie Lump Lump I don't buy I don't buy nothing wholesale I buy wholesale I'm buy retail right right Right I'm not I'm not living in this place I'm a capitalist where's my Capital on this I'm not getting N Out this how much is it worth 500 milon how much you want for it for for 80 now we can talk so you got 20 million you got 500 milon got $20 million in there Equity yeah because you know what's the story what is the story right well the story

is you know that I had you know Co came around I'm getting a divorce or whatever okay I got the story makes Sense to me so now how about I offer you 450 we take advantage of other people's losses I didn't create the loss because you can have integrity and have money too the only reason people steal and try to do crime or put in work I didn't always had a suit on yeah so everybody I mean anybody that's out here don't have this knowledge they looking for a way so sometimes in this Monopoly game

If they give you money and you don't know how to play the game and they give this one this person money this one they skip you you ain't got no money to play Monopoly the only thing you going to do is steal or go to jail yeah so I mean there's no shame in it I mean because you don't know but when you know better you can do better right so now if you go in and you say listen I don't I have integrity I don't need to do this and do That I can turn

my look up and say yeah I'm doing you know I did this the right way I just took advantage of the loss somebody was going to buy it I might as well I'm a capitalist I'm capitalizing I'm not trying to hurt you I'm just capitalizing I'm helping you in fact I'm going to take your property I'mma go in I'mma give you 450 that's GNA give me $50 million you says 450 million I'mma go and I'mma get I'mma get as a capitalist I'mma knock Off 50 uh 500,000 no I'm I'm knock off at 500 million I'mma

knock off 50 B and I'mma get you I'mma get this deal done but I want you to put it in my name and then I'm going to refinance it because my credit is okay yours isn't they're not going to deal with you and I'm going to stop the Foreclosure because I'm an investor whenever the bank sees an Investor they say foreclosure stops That's the Law so now I'm going be like put you down to to the bank and say we have a person that wants to purchase it right yeah short sale right we're going to

come in pretty much right so I'm going say I'mma offer you 450 even if he says no I'll do 460 okay fine so I come in in at 450 at 450 I got 500,000 you put it in my name that's called carrying the note now you carry The note I go to the bank I say listen I got this place in my name I got I got 5050 million dollar equity and is 60% occupied the bank G to say what yeah I say yes I said where you want from us I need you to refinance

this place for me okay refinance it in my name I'mma pay him off he gonna be happy you gonna be happy if I mess up you just take the whole house right you gonna make $50 million The bank GNA say you look like you speak Latin yeah yes I do no I ain't going to lie that's crazy right there bro that's moving paper paper an that's in your name so you go in most people out trying to flip a house right you know it's easier to flip a complex than it is to flip a house

it's easy because look the bigger the the bigger the deal the more the banker interest did and saying listen You can make more of an equity spread because the person is having trouble don't ever go around trying to make a deal with somebody that's like it how much this C uh 300 300,000 how much is it worth 300,000 how much you want for 300,000 okay call me I I'll talk to you later right what this how much this cost 300 worth 300,000 yeah what you want for it well I'll take 250 well let's Talk because

you in trouble what's what's the deal man why is it the deal is what's the story the story is man it was covid you know me me and the wife split up or me and my partner you know got your story okay now let's go make the deal put the car in my house that's called assumable I'm assuming the loan right you make a couple of payments on it then that means you have interest in that car the bank sees you as a person have an interest in it because Your check came from you right

so you can get somebody to actually take the loan and put it in your name like that you can go in and take the apartment complex or the house Flip or the car and you can go in and tell the bank I'm paying the loan now and after a year of you making payments let switch over the your refinance in your name but guess what why would I buy a yacht at full price when I could go to a Broker dealer a a bank and say this person's not paying on this yacht and go get

that yacht and take the note and own the note and buy it for 20 cents on the dollar right so you actually have to go to the bank or is it a way that you can um like how would I like for instance if I want to buy a note would I just contact Bank of America like how would that work for people that's watching you can go you can go to a note broker note Broker just go to internet see if we don't have this knowledge yeah then we don't know have a construct or

where to go or what to do right so so we resort to other methods on how to survive so for instance um if anybody that's watching right like all the game you giv definitely like I know for a fact that me like just like like I'm shocked I ain't going to lie what would you charge anybody that's watching for mentorship you know what I mean like what would be Your price if they want to sit next to you and get all type of game they want you to hold their hand step by step to learn

everything what would you charge somebody for mentorship I haven't really been doing Mentor [ __ ] but um yeah I don't know we could come up with something I really uh I haven't really come up to it um you some people were charging how to do marketing yeah and they charging $ 50,000 $100,000 I charged 75,000 so I'm knowing Like the information you got you should be at least at 200 ,000 or more at least you know what I've been dealing with rich people so long until I'm just um you know I'm like they should

be teaching Us in high school they should be teaching Us in high school that's some crazy crazy information but you know what you have like I managed 20.2 billion under management yeah right Market traded notes non-performing notes but there's people in my World you know people may say wow when I do seminars or whatever people say 20 point Mr whiteed whoa but they don't realize you got to have a micro in a macro right so your micro is what's going to make you $1.5 million not2 200,000 because you're not even an accredited investor accredited investor

means you're wealthy in this country that means that means you have to make you have to have 250,000 that you can lose and not worry about it right right That's an accredited investor and so if you get 200,000 from the bank and you lose that and that's all you have you're not even wealthy so your goal is to get 1.5 million 1 million to 1.5 million that you can lose 250 or 300,000 as two people in a family if you lose that and you you have 1 million or one 1.5 you okay so your goal

is the micro is to have is to be an accredited investor all right now that's your micro but we never think about the micro What's the billion dollar this is not 1975 KERO yeah when Muhammad Ali and then was fighting Joe Frasier and all that 1960s and 70s a million dollars was a lot yeah right this a billion dollar world today we got a rapper I think his name is Drake right yeah smart guy he sold some earphones for a billion dollars you got a rapper making 200 million like nothing okay yeah so where is

your macro rapper yeah where's your M if if Dre has A a billion he should have a 100 billion you should just be saying hey I got a name right you've already passed the passed the the Sharm you've created a name for yourself do you think people around the world is not going to say man this guy created a name for himself I want to get on the bandwagon he came out with he's doing real estate now so you say you know me give me some money give me some money you know me already right

right if you uh if you got 200,000 you should build that money up and say now I'm ready for my billion idea that's your macro so nobody thinks about what is my macro what is my micro you got to hit the micro then go for your macro so in my world I walk in it's a true story yeah I walk into people in my world that's doing hundred billion dollar deals you know the bank trades at night when they close in Hong Kong they traded they Trading mtns Market traded notes in the trillions trillions at

night when the bank close they go to Hong Kong and trade in at night because they're open so you woring about 200,000 you woring about a billion in in High Finance 25 billion is a small cap they call it look it up and we run around and not even thinking about it we don't even think we can get a billion dollars manage a billion dollars because You don't want to own nothing remember yeah right okay so imagine this if you if if when I walk in around these people that are doing these multi bons I

walk and say hey John how you doing John what's up what's up champ what's going on John what's up man hey Derek how you doing man is it did you bring coffee said man you talking to Derek why did he bring coffee yeah right but they moving Hundreds and hundreds of millions of dollars billions you know what I say oh man I forgot man what do you you guys want donuts too hey John you want donuts Rick you want donuts yeah Derek is yeah be right back because their macro is moving hundreds of billions in

it never stops it's just paper so if you making 200,000 you should be looking to make 1.5 million if you're making 1.5 million now you don't have to worry you can relax And now you can think about being a businessman or businesswoman capitalist and I need as much as I can get there's a man named Rockefeller and I was a kid yeah I'm old as dirt you know so so anybody that doesn't know this and the younger guys you know I think these guys people like you and you know you know you know who it

is out there teaching the credit and the those are Troopers man yeah because 20 years ago in my day nobody was teaching none of this going And getting 200,000 from Chase going and get this and that nobody was teaching this so those are Troopers I'm just older cat they don't know it because they ain't my age yeah but they don't teach you this the game is to be sold and not told that's what they told me all my career right right so if you go in and you have 1.5 million now it's like Rockefeller he

said when I was a kid he Said the the girl was interviewing he was old as hell he was the richest man on the planet she said she said Mr Rockefeller being smart she said you the richest man in the world and he was building some kind of plane or something she says how how much money do you really need as if like you know you why you greedy that old man said I seen him on TV he said oh Well just about that much his was going like this he said just about that much

boy man in other words it don't stop right I don't give a hell I don't care you can do this sitting in your chair with your grandkids talking about hey son come here come here come here come here come here I heard you talking on the phone all right you need to upgrade that paper you're paying too much for that paper he said what do you mean Granddad you're paying 30 cents you Shouldn't be paying 25 cents on that paper it's just a nickel what do you mean it's just a nickel that's what you should

be doing teaching your kids your cousin that you love your little nephew that you love you should be teaching them this sit on a beach and teach this do you know there's so much money with Rich folks out here who want to invest it's it's it's unlimited because the money is not real bro the money is the money is Fiat money the only real Money is gold and silver yeah so it's just it's just numbers in a computer right right so the more you ask for the more they give you Oprah can go in and

say you know I want my in the bank I want my $6 billion they gonna look at her like you crazy we ain't got no $6 billion doll in here that's like BOS I want 150 billion I want my money now they gonna look at him like he crazy you know what they Know 150 billion that's Electronics sir yeah so go and get some electronic money that's crazy that is true though that's true it's true you you can't even they they gonna complain about 100,000 [ __ ] you try to go in there and get

100,000 cash they gonna ask you a million questions you got to fill out some forms if you go over n $9,000 you got to fill out a form you got to send that out to they got Homeland Security they don't know where The money's you know what you going to do with the money all that who's taking out $99,000 you can't put in 10,000 you can't put in 10,000 fill out some forms but if you have a business right yeah you you get less scrutiny exactly because that ain't your money that's Willie money and you're

doing business with it right that's crazy so you doing so you're doing like you know like ever Clear you know like most people they going to move them money around they're G to do like um you know uh escrow when you moving big money you're doing as you're doing ever CLE ever CLE no you doing you got to learn you know m7s and m113s big money how banks are moving big money right we got to know the language we got to understand uh uh uh ncnds and and and non circumvent non we got to learn

you know m7s m 13s you know we got To learn a proof of funds we got to learn how to let's say um let's say you go in you want to go buy a apartment complex yeah the bank want to see that you have access to cash so you go and get yourself a m uh you gonna get yourself a proof of funds hey I want to buy you know proof of funds right cuz now in the old days you used to be able to go do proof of funds you know those people other people

not Me you know me but some people would go in and they would make up proof of funds well you can't do that because now they have something the five bureaus you must know the five Bureau to play the game with business but nobody's teaching us like for instance Experian Equifax business Small Business Financial Exchange done in Brad street and payet not Equifax experience TransUnion That's personal business experien business small business experience business Equifax business Small Business Financial exchange that's Banks talking to Banks Banks talking to Banks right see you ever heard you ever read

that book you know the meeting on jaal island it's a good book that's when a long time ago all the banks was competing and fighting against each other so they held a a meeting in Jackal Island right right that's that's I think that's South Carolina or something like that and they all quietly got together and said we will no longer fight against each other we will now be one family of banks so we don't be fighting against each other so now you have something that's called Small Business Financial exchange that's where Banks talk to each

other that's UCC one ucc3 so if you go buy a house they going To report that house right as in the city you live in in the county assessor's office they're going to file UCC one see because money is based on water law not moral man is based on moral th should I do this th should I do that money is based on water they don't want nothing to do that's connected to them that's why you have liquidity that's why I have currency cuz it's water and there ain't no rules in the water that's why

a pirate could go out And he can take everything from your ship even today and ain't nothing you can do with him yo ho hold a bottle of rum right yeah so they named it underwater even the bank is underwater you where you the bank of the Nile or the bank that's where the water meet to land a bank it's water waterw so now if you go in and let's say for instance you want to go in and buy a house buy a house they're going to file UCC one that's saying everybody we're in First

position and you can come later on after us if something go wrong we get our money first so that's UCC one right so that means we're in first position that means you owe a bank and all all banks can see it because of financial uh exchange small B Financial business exchange so now if you pay the loan off if you pay the loan off they're going to go down and file ucc3 that means you've paid it off and All banks and anybody can see that they've paid it off reconveyance for a house right right so

now if you if you have a corporation one Corporation here another Corporation here and they both your corporations right so let's say for instance you want to have credit yeah on your corporation because that'll make you be able to borrow better yeah if you had if you had $100,000 on your Corporation right yeah then you think the bank would has that you already paid that car off you think the bank would have a problem with you walking out there with another car at 100 or 200 right cuz they say you got a good track record

so it's important to build your small B your experience Equifax Small Business Financial exchange done in Brad street and pay net if you want a car they're going to check payet phones equipment see all this Equipment around here why would we use our money to do that other people's money other people's ideas other people's effort not how money right so you go in you want to buy a car a BS a Lamborghini Ferrari we got two car dealerships right so primo and Prime Auto we sell Jaguar Mercedes BMW Bentley 6920 Maramar Road for a fine

PL all right so if you want to go and you want to buy let's say $100,000 $125,000 bins yeah they see you already Paid off $100,000 yeah they're going to check small finan they're going to check payet that's where you go and get your equipment loans that's what that's going to like like phones or like computers or like you know cars or trucks heavy equipment furniture for your business fax machines they're going to check payet payet so now you need to build that up if you're going to go in and get like those store cards

like those quills and those cards you can use in the store They're going to check what they're going to check uh dun and Brad street right but that's not money no that's just store cards which is a way to go and get that money of the store cards yeah right so you go in like you say for instance you go to Costco you get a Costco card for $10,000 you go get you go you can go actually get a Costco card but you can actually get a gift card and that and that that gift card

is Money no for sure I mean that's not illegal no it ain't you know yeah it's a gift give it to the gift right all right so but I don't um I don't really put I would would really say you should do that because it's baby money and exactly it's kind of on the iffy side yeah you know but um but let's say for instance you want those store cards may maybe you're a flipper so you want to go in and get that Home Depot card so you can use their money and then you can

go in And do your fle flip and pay them back 30 60 90 days that's a merchant account you got to build up under Brad under Brad okay so what if you want to go and get Small Business Financial exchange that's going to be installment lines of credit money so that's rate and term like how long is going to be you know the rate is what's the interest rate and the term is how long it's going to be and you pay it down you're done that's an installment Line right so that's going to be Small

Business Financial exchange you're going they're going to check businesses talking to businesses right Banks talking to Banks so if you want to go in and get those credit cards revolving lines of credit and revolving credit cards you pay them pay it down use it again pay it use it again they're going to report that to usually Equifax and experience and sometimes they'll spill over to Small Business Financial Exchange so if you don't know that you sitting in your bed talking about honey fingers crossed feet crossed eyes crossed honey we could just get that loan we'll

be all right right but you don't know how to do it you don't know where to go what to do so you just wish it you're not supposed to be wishing a businessman supposed to know we need gas cards let's get the dun and Brad built up we need gas cards for our people we need these cards we need we need Equipment let's go get that built up get the equip we need revolving CR lines of credit uh revolving lines credit whatever so you're not wishing and hoping right you know exactly where I'm going but

you know how many people actually know that there's five bureaus how many highly none no for sure howly none because they're not businessmen and business women they're just looking at you know uh I know the bank is a lending institution so I want To get me some of that money but they don't know how to get it so you should know the five bureaus now imagine this the reason I tell you this watch this so you got one company that's built up with dun and Brad or Experian and you got another company that's built up

with dun and Brad and experience you want trade lines so you it's not illegal for one company to lend the other company some money M and then you can go and write it out And say this is a note you owe me to that company and the other company you owe me too right and then you go file that down in this just like the bank does in the county assessor's office as a loan and file UCC one that's going to spill over because see people buy that information and now that's going to go on

your on your business uh credits oh damn never heard of it and that's crazy Crazy game I need it that's how you do it that's wow that's how you do it damn now people going out and they buy and they go and say well if I build up 100,000 500,000 or whatever on my on my business credit I'm GNA look real good plus my credit yeah I'm G do real good but they going out and they trying to do you know a lot illegal things you don't need to do nothing illegal right you can go

in you could do what they call re re um reassignment of the Debt remember I said paper you can buy paper so if you went in and you bought somebody's paper for $100,000 I own it I could throw it in a trash can if I want to I own it I can take that same debt and say I'm taking it from you cuz you're not paying it I got it for three cents on the dollar so I'mma call you up say listen you want this debt I will assign it to your company 100 Grand and

you'll pay me this Amount maybe you'll pay me $6,000 $8,000 for 100 grand of credit on your court I will assign it to your company totally legal yeah the best way is reassignment of the debt stay legal stay compliant now they load you up you think you GNA have a problem walking in with that walking out with that Ferrari no money down right no you ain't GNA have no problems damn so reassignment of the debt is all about that Paper right just learn how to move paper learn how to raise money with paper learn how

to move money with paper learn how to buy debt reassignment of debt and make it make the paper bigger make a dollar out of 15 this is High Finance but nobody's teaching us that yeah that's wow we're going to explain how to build the court all right better all right so the first thing you're gonna do is so the first thing you're going to do Is you don't want to LLC you don't want a a escort I mean there's nothing wrong with those but they have specific purposes this is a special purpose vehicle right or

a special purpose entity so if you go in with this thing and let's say you w to this is meant to get money right right so everybody go in and say oh you know what um um I got my LLC today and you know and a hi my name is Byron I got my LLC and it was easy right right oh I'm Janet and I got my LL My very own LLC and it was easy and if you don't want any money get an LLC right right so guess what we want to see court because

this look it up look I didn't make this up right yeah uh this is a purpose for purpose its purpose is to get money that's what its purpose is for right the other purpose is to have investors the other purpose is a pass through the other purpose is limited liability this is to get money so when you go in with the C Corp you say they Already know oh this person speak Latin because Sony's a court a c courp everybody's big as a c courp SEC okay so the first thing we're going to do is

is is get the thing that's meant to get money we get money to do business we don't do business to get money so let's go in and not be a rookie don't be three years old and don't be over eight or n years old right next thing is we got the court get your credit tight and now you take your court And it's a person so this thing right here that is a good standing letter so like it's a person so the police go in and say are you in trouble you give them your license

they look you up and say oh you a in a warrant or nothing like that okay you're in good standing that's what this is good standing letter over here is is what they call articles right the article says this is who we are this is what we do we'll abide by all the rules this is birth certificate that are Applic applicable to us we'll abide by all rules that's a that's an articles and remember inside here we have shares they're worth nothing until you build them up and make the company have value nobody cares about

how much money you have nobody of any really real statute right I got $10 million in the bank so oh but my company is worth 10 billion really all right that's what matters so I don't care how much money you showing off it doesn't matter because the bank knows investors know you can take 10 million go buy a yacht tomorrow and you broke yes sir you broke but if you had 10 million in your company they know you can sell that company for three times the amount of its value or if it's a or if

it's a a built properly a c cour you can sell it for six times the amount of its value or if it's a publicly traded company which is easy to do you can sell That for nine times the value of the company so that gives you more buying power and more value so it's not how much money you have it's how much value your company is I own everything no I own nothing this this is not my this ain't even my jacket this Willie's jacket this ain't my watch Willie this Willie watch right Willie own

this watch and gave Willie value Willie said I needed a car Willie said I need to ride up in the Rolls-Royce so I went got a Rolls-Royce Willie said I just work for it I I'm a I'm a a I'm what they call uh a tast touch feel and smell for Willie cuz he can't do it and I got three people on the court you look silly with one person on the court you walk in the bank little quick story real quick one I I only used to own a chain of restaurants I sold them

a bunch of real estate Homestyle fish and chips in San Diego I was so proud of my first Restaurant I used to say go and greet the person at the door welcome to H style fish and chips come on in then I behind the counter what's the counter guy hey we got red spple we got poock we got whatever you want we got shrimp what do you want fried mushrooms whatever you want then I says now okay your Cedar will come and I was me and I walked out the count I walked and sat you

down would you like some water so your waiter will be here in a Minute then I walk in and come out with the white thing on my arm with the hi I'll be your waiter today they looking at me like you we everything and then woman said true story excuse me then I go help the cook woman said excuse me I said yes the bathroom is overflowed I said I'll call the maintenance man and I walked out with my boots on I went in I handle a toilet that's what the bank looks at you Like

with one person on your corporation you look like you look like a clown so people never know realize you should have three people on your corporation or you look like you running a whole organization by yourself that's why you don't get much money so what I'm teaching you here now is called data points data points so the bank wants to see that everything is in place you only have 50 points roughly to go down and That ain't much 100 points personal 50 points because they know you can wiggle out of that situation so we go

in we create data points so we don't go down so you go in you say listen I got a president I got a a vice president that will handle things when the president gone and I have a secretary but don't sleep on the secretary because the secretary know where all the bodies are Buried not saying that there's actual bodies I'm just saying right but that's why in the United States Corporation out of Delaware you have the president vice president secretary of state Secretary of Finance Secretary of Commerce it's a very important person so people get

tied up in the I'm the president I don't care what you name me as long as you as long as I'm you don't name me when it's time to get that money you can name me whatever but you should Have three people on your corporation now the state don't care the state doesn't care right you'll see me on my website on economic m.com you'll see me all politicians uh Shirley Shirley Weber she's a secretary of St you see me with her if you walk in the state doesn't care that you have one person cuz they're

not here to advise you but when you go to go to the bank they gonna look and say he don't speak Latin right away they GNA say how's he running this big giant company one person next thing is oh on his on his good standing letter when you have a Corporation you have a good standing letter you see there's a date in here when you go to fund and that date is not as older than six months you're going to go down D because you should order anytime you get ready to fund you Should have

you should say listen this is older than six months call the state and say can you send me an updated uh good standing letter cuz the bank going to say that's old and they're not going going to tell you can you get us a new good standing letter they're just going to say your data points are going down you don't have five to eight trade lines on your corporation right you don't you have More than three inquiries on your personal yeah so but when you PG the corporation that's not yours that's Will's credit cards you

just sign it right so if you have more than three inquiries you can't can't fund no more right but the whole trick is to get more and more money so you go and you say that is not my inquiry so I need you to remove that experience Equifax TransUnion because that's not mine that's Willie's I just Signed for it and then they remove it now you can keep funding you have to know this stuff I'm a banker yeah so now you have your good standing letter that's a person that says I'm not in trouble you

got your articles that says this is my birth certificate and remember we have the shares in here that are worth nothing so we got to build it up by making you know getting loans and buying real property putting it in there Now it has value then you go get your EIN number that's what you call like it's like it's social security number right it's a nine-digit number you remember people used to do CPN back in the day yeah I was doing that 25 five years ago bro yeah right it's got a nine-digit number the Corp

has a nine-digit number your social has a n-digit number that's from FDR who who issued those identification numbers for your personal you know you know as a as A as a individual you can walk in the bank and say I don't want to give you my social and they be like oh you have to no I want a noninterest bearing account and they be like I don't know what can you get a m man please and imager will look it up okay sir so you don't want our interest no so well when FDR built this

whole thing right Roosevelt he said they went to the war They came back they need Social Security where were one where war two so he said I'm going to issue the social security number that's only based on things that have to do with the government and the government backs the bank so you get interest interest you have to give your social if you say I want your interest I don't have to give you my social see people don't know these things but let's get to this one the EIN number is now the identification Number so

you have all three things now you got the the the uh good standing letter which should be updated look at the date you got right here the Articles which is a birth certificate then you go online for five minutes and get your get your what they call uh EIN number now you can go open your bank account but like you know what the craziest thing is yeah people go in and they say they say they say uh what is your uh uh uh what's the name of your Business and you say well my name my

business is um uh ABC Trucking they don't like trucks they don't like truck they don't like they don't like real estate they don't like trucks they don't like restaurants it takes two years to get a restaurant going right right and they fail most of the time right yeah some most of the time uh and then they don't like uh you know risky things so why would you name your company something they don't like Right because you don't know any better so they like Consulting they like that's you know like this they love this technology um

you know sales stuff like that Consulting mhm so if you name your company something they don't like then you're not going to get the money or you gonna go down in money so you should name your company you should always name your company something that's General that means nothing right like ABC Inc that doesn't mean Anything for instance example you ever notice Sony don't mean computers right you ever know Walmart don't mean cheap clothes right right uh uh Zenith doesn't mean TVs right you know Starbucks doesn't mean coffee right because they know better somebody taught

them so they know I'm not going to be put into a sick code the banks does the banks don't like right so I would say to everybody go on Google and look up SI codes that Banks like and Si codes that Banks don't like because a Si code is a a identifier like I'm a trucker and I drive truck like I'm a trucker and I'm in a transportation industry so let's say a trucker would be the code would be 1536 15364 I'm a trucker the industry is 36251 I'm in the transportation industry that's a sick

code SIC code so go on Google and look up sit codes Banks like and sit codes they don't like now you know not to name your business stat right right or you going to be like they don't like that they don't like llc's right so don't do that now you go in the craziest thing is that people go they go name their company uh Mr White is said well I learned not to name my company think specific right ABC Inc you know uh uh you should name your company something in a Latin name because this

is a this is a very quiet uh Club if you will and they can tell if you speak Latin so right away they say uh he don't speak Latin oh look at that he don't speak Latin it's almost like a joke they like it no La you don't know what they talking about but you go in I say listen you didn't name your your company You didn't get a LLC you would got yourself age Corporation okay great and you didn't you didn't name yourself something that they don't like great and then they turn around and

apply for the EIN number and says what are you do you say a trucking don't do that right they say what you do I'm a consultant don't say something they don't like now getting your EIN number and you screw it all up so don't go and get your EIN number and say Something they don't like right now this is a special purpose entity a person made for getting money we get money to do business we don't do business to get money right so that's what this is for but if they like what you're doing it's

a special purpose entity and you just fund it and keep it moving if they don't like what you're doing then it's a special purpose vehicle that means what do vehicles do they drive things right So let's say you're in the trucking well I don't say that you lie because I don't do anything illegal but I'm just telling you what the banks like you can do what you want with it right after that so Banks don't like certain things so if this is a special purpose vehicle that they don't like get the money what they want

and you drive it to where it needed to go see what I'm saying yeah okay I never Advocate lying to the bank yeah all Right I'm just telling you the rules right so now structure we have to go in get the corporation then we have to build it like they want it so we got to go in and say this is a person if you go in talk about doing business out your home that's your poor cousin on your couch so you can't be doing business out your home unless you're going to get some credit

cards see so so you should have yourself An office and a lot of times if you're talking bigger money they will do a site visit to see that that's an office but in banking they will look down on Google Maps and they will see that's a that's a mailbox Etc that's oh that's that's a person's house or that's a you know that's a a PO box and so go get yourself an office next thing is you go in and you got to get yourself a Landline not your your phone that's your poor cousin using your

phone they go and they say they say what's your phone number you say 7779311 then you turn around say okay what's what's the business phone number 7779311 right and they like either that's the times right they used to sing that song right or or that's your poor cousin has To use your phone that sound like the same phone number to me so you know you don't want to do that you don't want to have a Google number you don't want to go in and have like a uh you want a landline not a voice over

IP not a 1 1800 number you can have a 1 1800 number 800 number that's a vanity number that looks good okay but you want to landline first if you don't have anything okay want that then maybe you can add 800 Number but now you got your your address you got your phone number if you got a age website if you got a age Corporation you need a age website that don't look uh uniformal it's not a uni uniform you got a brand new website people crack me up they got the brand new website with

the old company bike like wait a minute next thing so go in and get yourself a age website right go in look you know don't You can't be doing talking about I'm I'm uh um um uh yahoo.com Gmail that's not professional you got to have yourself a doom so you go in and get yourself a age domain number go get yourself a age domain and now you you you everything adds up right. it don't have to be exactly the the name of your company when you buy it you go and just get one that's close

to it Right okay next thing you got the age website but the bank is going to look at who is a company called who is go look that up they're gonna see on who is is going to tell them how many hits you've had on your website it's going to show the domain it's going to show all that so you should go in and hit you should hit your website at least 40 to 50 60 times because if if the banks looks in There and says you had no activity they're going like how you getting

your business everything online now but you have not you got no hits age website age company age everything and no hits you got to go in and hit that bed with In and Out In and Out in and out and now you got 4050 and say okay check right you know what I'm saying this is data points W see now you go in you go register your stuff up in dun and Brad or register stuff in Experian which Will spill over all of the rest of them so go put in there your information I ain't

saying lie I'm just telling you right go in there put in your info right you put in there what is applicable right yeah put in your information and let it spill over to all the other bureaus boom now you when they go look you up now you got to go and get Manta you got to go put all these things together in your corporation you got to Get Mana if they can't find you then guess what they say wait how you getting your business so you got to register with all the business listings got to

have a build a person here this is a person so once you build that up you got your credit type now you can go and make your first move credit cards do your credit cards leverage it after you leverage it now you're go do your taxes go get some loans after you get your Loan boom now you're going at $500,000 a million dollar after you do that now you go in this book right here is $120 $125 you order that online beautiful I love this book what is it called that's the corporate kit corporate this

is just they put the name of your company on the front this is the corporate kit nobody orders the corporate Kit this is where you talk about raising that big money what's in here these beautiful things called stock certificates I get it later okay and they give you as many as you want as many as you want and they give you guidelines and stuff on about how to run your company $125 wow nobody orders a corporate book cuz nobody's teaching us right now you take This and now you start raising money a fund or let's

say you go out and you start raising money from a crowd funding yeah or you go in and build your own fund now you talking not aund not 100,000 not 200,000 100 million right 10 million go go in and research funds online and look and see these people are not saying hey invest in my company we have a fund they're not saying give me $10 they saying give me we're raising 10000 million for our real estate same thing as Google same thing as anybody else what Bitcoin saying to you give me your money and I'm

going invest it it's gonna go up right so that's the same thing that they're doing yeah you could do the same thing but you nobody's ordering the book $125 yeah wow now once you got that popping let's look at the third level a publicly traded company is Google Yahoo Amazon they're all publicly traded companies do you know the same way you could buy a age Corporation and not wait around to do business with the bank and you can take you can you can go buy uh a a a shell not a shelf a shell is

a publicly traded company that you can buy yeah I never knew that you can buy a publicly traded company that means the whole world you can say can you give me some money the World that's why they so rich that's why they're billionaires but we' have no clue so let's say first a person H he had a publicly traded company he's get pulling money in around the world and maybe you know he got a divorce or maybe he um maybe he uh you covid or something maybe you just don't want to do it anymore they'll

sell you that publicly traded company you take your company your shelf or your company Put it inside that one that shell it's a shell and that's called the reverse merger now you a public imagine a guy walk up you say keville what you doing what you been doing these days ah man you know you know you I got my publicly traded company what how many cats walking around they talking about I got a publicly traded company or I'm doing uh uh I have a fund and I'm raising 50 million 100 Million you got a you

if you got 50 million you should be raising a billion if you got a billion you should be raising 50 billion it don't stop so these people bragging I got 200 million you know I got 500 million I I got then you should have a billion right you just don't know how to raise funds it's it's a raise so go into the bank then you start you leverage then you start raising funds then you start Then you get your own uh own fund and then you your money is moving so well you're very attractive and

now you open up to the world that's called a preo that's saying I'm getting ready to go public and everybody hears that sound and the Brokers all send it out to all the investors and say so let me look and see how this company's doing because I'm rich and I want to invest my money somewhere I don't Work I don't work I like this company so let me give you some money in there now if you take some money in your fund and you say I'm gonna give you uh a uh uh uh it's a

a debt you say I'm G give you 8% I'm GNA give you 8% on your money check this out if you gave them exactly what you said you're going to do the word is going to spread around the world you're going to have people coming From du buy saying listen I seen what you did with that other business you know um uh I would like to start out by giving you you know a 510 million okay see what you can do with it people have money they want to invest but they want to invest with

people who have a good track record right and you going you might say I know cuz I've been there you might say but you know right now we don't have Any slots you know what I mean so so maybe uh maybe in six months they get mad they say what are you trying to say you don't like my money my money's not good okay I said five milon the most I'm going to give you is 10 million that's it I know you're just trying to get more money I we don't have I'm sorry sir we

don't have any slots you know look we're going to open up for our next raise right because you can raise a raise after a raise after a raise after a Raise are we looking for Section 8 we talking about a Ferrari man you could be building like Trump and and you're saying okay sir okay okay listen I I'll try to find the seep see what I can do okay thank you thank you very much you know I mean you you do well with this money we give you more money no problem you know I have

many friends who wants to invest well sure sure sure no problem Check with me in six months you will have so much money that you're rejecting that's what this is all about man people want to invest what do you think the Wall Street is about if you went in and said Bitcoin is giv is is going up 10% two points everybody's gonna be dumping money in the Bitcoin right who's controlling the money because they're doing well with it they're doing well if you invest in Amazon Amazon just stock went up everybody's gonna say Amazon man

they're gonna dump money and then Amazon say sh give me some more yeah give me money we're doing great I'm telling you you want to invest and the stock is going to the price of your paper is going to be bigger and bigger and bigger last time it was $10 now it's 300 outlas that's how that works it's called volume right so now if you go in there you say I'm giving out exactly what I Said I'm G to do don't go in trying to beat and rip people off you cutting yourself your head off

or I'm going to go buy me uh uh uh uh a million yacht with the Investor's money why don't you just do what you supposed to do and you can buy $2 million they used to have a saying back in my day old man told me he said there's a saying son said what's a saying he said there was a cow in his in his granddaddy little young cow he said Dad let's go down and and get a little Milk from one of them cows right and he said no son let's walk down not run

and get all the milk so do what you're supposed to do and have some integrity and then people going to be like man this this dude is doing exactly what he said uh give him some more money and you're going to be like billions brother it's going to be and nobody's teaching us how to manage Paper nobody nobody so that's crazy that was some good game game brother yes sir hey man y'all know what's going on famous and Wealthy podcast man we got my man Mr Whitehead he just gave the best best advice game everything

in the world man stay tuned