The Multifamily Broker Podcast
Business:Investing
Ep. 135 THIS SECRET CREDIT CARD Can Buy You A Property With $0 DOWN With Brandon Elliott!
Welcome to the Get Out of The System Podcast! Please welcome Brandon Elliott, from Credit Council Elite who gives advice on how to improve credit scores and use it to purchase properties! 😱🏠💳
In this episode, Brandon gives advice on how to mix personal and business credit cards, loans, mortgages, and auto loans and shares how building relationships with multiple banks can help access various credit cards.
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Sources: https://www.jasonjosephlee.com
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Connect With Brandon Elliott:
Website: https://creditcounselelite.com
Instagram: https://www.instagram.com/brandonelliottinvestments/
Podcast: https://podcasts.apple.com/us/podcast/ready-set-go-real-estate-investing-podcast/id1341397059
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Translation: "Jason Lee: Well, let's get into it. Let's talk about how you got into your, your, your business of, you teach people how to fix their credit, how to leverage credit. How did you get in that business and why did you get started in it?
Brandon Elliott: Yeah. So, first off, just to give the listeners a background, I'm originally from New Jersey and I ended up getting into real estate. I moved out to sunny San Diego, California. I fell in love with it back when I was 21. And right when I was doing door to door sales with Kirby Vacuum Cleaner. After that, I got recruited into a real estate company at the time in Hillcrest and that was back in 2012. And during that time, there was a lot of pre foreclosures, notice of defaults. So I got to see the systems in place. I saw the money coming in the impact that we were making. I fell in love with real estate. So I went on this journey for two full years to figure out how I could actually get in. I fell in love with the BRRR strategy and I found a location 3000 miles away that I could start investing in. Now, I just needed to come up with the money. So I really went down this rabbit hole of when there's a will, there's a way and I started figuring out that I could actually be able to utilize credit because I had good credit to be able to get higher credit limits and then be able to liquidate it into cash and buy real estate. So that is what we've done over the years. Buying real estate with credit, but then also protecting ourselves against contractors with credit and then also just growing, starting new businesses and so much along the way. So I label myself as a real estate investor, but also credit specialist. Because over the years, I've kept on finding people saying, hey, I believe in real estate, I want to get started in real estate as well to get that financial freedom. But they kept on putting it on the back burner saying, well, I need to make money first over here and what I'm doing to be able to fund real estate. And I was looking at their dreams of like God that's gonna take years and years and years and you still might not even get there to get the funds to be able to do it. So why don't you just do what I did and utilize credit?"
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