How to get 250k in business credit in 2024

  Рет қаралды 61,957

MG The Mortgage Guy

MG The Mortgage Guy

Күн бұрын

Пікірлер: 155
@johnq748
@johnq748 8 ай бұрын
Thanks for not gatekeeping!!! no gatekeeping allowed that’s wonderful advice you’re giving. Mentors are important!!!
@lisaconyers4666
@lisaconyers4666 8 ай бұрын
Thank you enough for giving us information that is wide and deep. No fluff!
@ArnedraRoberson
@ArnedraRoberson 9 ай бұрын
Can’t believe this is free advice. You guys are awesome!
@xdarkside3812
@xdarkside3812 7 ай бұрын
How do I go about removing enquiries and how long will it take?
@LakesiaMccall
@LakesiaMccall 9 ай бұрын
Can't get enough of your videos! This one is especially helpful.
@qartymontana9114
@qartymontana9114 9 ай бұрын
I think they moving the goal post because of you guys doing such of a good job of informing the people!
@venoldjohnson6909
@venoldjohnson6909 8 ай бұрын
Always! And all of this should be taught in schools but of course they need people to work for McDonald’s and Chick-fil-A
@gemjones
@gemjones 9 ай бұрын
I’m glad you guys talk about being responsible with credit. I recently started tapping into Herm’s content and him having that moral code is one of the main reasons why.
@shauntaym7963
@shauntaym7963 9 ай бұрын
So many gems here! Such an amazing interview.
@venoldjohnson6909
@venoldjohnson6909 9 ай бұрын
The point is….. you need money to get the credit to get the money and you need several plans and an actual business to justify the need for the money and be credible that you can pay it back- You gotta save up the initial $3k-5k to pay for structuring business and wait to clean up your personal credit which takes time too-
@honeybeehudson4424
@honeybeehudson4424 7 ай бұрын
False
@karenp7978
@karenp7978 9 ай бұрын
Powerful information. Watching at 4am. Thank you so much!
@erbj1122
@erbj1122 9 ай бұрын
I just went through this needing may taxes for a business credit card with First Citizens. Underwriting is tighten up.
@ZyeashaThornton
@ZyeashaThornton 9 ай бұрын
Just shared this with all my business buddies. They need to see this!
@stevenburgess3023
@stevenburgess3023 9 ай бұрын
Loving everything about this channel
@SissellPearson
@SissellPearson 9 ай бұрын
Thanks for breaking it down so simply. I’ve been overwhelmed about where to start!
@MarvianaBurnett
@MarvianaBurnett 9 ай бұрын
Thanks for helping small business owners out here!
@wadaboyy
@wadaboyy 5 ай бұрын
I so appreciate the updates please continue tap in
@NiambraGregory
@NiambraGregory 9 ай бұрын
Every entrepreneur needs to watch this - so informative!
@andrecrowder6136
@andrecrowder6136 3 ай бұрын
New LLC. 770 credit score. Low utilization and great credit mix. Only got offered 2500 credit card. Waisted inquiry on my Experian.
@andrecrowder6136
@andrecrowder6136 3 ай бұрын
And this is with chase bank
@Patrick-f5y3l
@Patrick-f5y3l 11 күн бұрын
@@andrecrowder6136remove the inquiry
@CatlynneRucker
@CatlynneRucker 9 ай бұрын
Always delivering quality content. Thanks for not disappointing!
@ameishajohnson6186
@ameishajohnson6186 8 ай бұрын
South Carolina Realtor! Thank you for sharing this info!
@Twerp70
@Twerp70 9 ай бұрын
So if I take a trip to Jamaica, wear my company's T Shirt, take pictures at the resort, I can upload the pictures to my business website as an ad and write off the trip. Is that correct?
@brianwynn10
@brianwynn10 8 ай бұрын
As long. As you take me as a employee
@BsharaMcclain
@BsharaMcclain 9 ай бұрын
This video is a must-watch for anyone looking to expand financially.
@adriennet3606
@adriennet3606 9 ай бұрын
I am new to your channel. Great information!
@Mgthemortgageguy
@Mgthemortgageguy 9 ай бұрын
Thanks for the sub!
@ZulemaJordan
@ZulemaJordan 9 ай бұрын
Subscribed! I can’t wait to see what other tips you have.
@marvinsmith1652
@marvinsmith1652 9 ай бұрын
Gm yesterday The Haitian CEO was wrong about two things 1. There are Business Credit Cards who report to your personal credit that is Capitol One Spark Business Credit Card 2. When you form the LLC you must also have a registered agent plus BOEN under Corporate Transparency Act you time me out why
@LynxStarAuto
@LynxStarAuto 9 ай бұрын
I wouldn't really consider the spark card a business credit card. It's mostly a personal credit card in disguise. And it sucks too. Stay away from it.
@Shawn-xg1ow
@Shawn-xg1ow 9 ай бұрын
He did say 99% of business credit don't report to personal. When he said that I took it as he meant capital one as part of that 1%. 2) yes you do have to place a registered agent when you LLC but that could be someone house or mailing address even though it shouldn't be. He's talking about using a registered agent service as your registered agent bc they have a actual biz address that you can use as the biz address of your business and they have some that will forward your mail etc.
@2pat2008
@2pat2008 9 ай бұрын
BOEN was declared to be unconstitutional. Do search.
@cloudygigi2270
@cloudygigi2270 9 ай бұрын
​@LynxStarAuto it do suck. wish I had known this before.
@marvinsmith1652
@marvinsmith1652 9 ай бұрын
@LynxStarAuto The Spark Business Credit Card from Capitol One is a Business Card
@sunnysuney5845
@sunnysuney5845 11 күн бұрын
How do you contact the guest Herman?
@TyqueriaHardy
@TyqueriaHardy 9 ай бұрын
Your tips just opened up new possibilities for my business, thank you!
@hannaheddy3104
@hannaheddy3104 6 ай бұрын
Good stuff! Wish i could have watched this Live to ask this... if I already have an LLC, can I use the same LLC for a second business if both are online businesses?
@BriniqueReese
@BriniqueReese 9 ай бұрын
Learning so much from this channel, keep the content coming!
@DedrianaSmith-rj9ew
@DedrianaSmith-rj9ew 9 ай бұрын
Your passion for helping others shines through, thank you!
@YanineDennis
@YanineDennis 9 ай бұрын
Game changing advice, as usual. Thanks for another great video!
@JazzraDixon
@JazzraDixon 9 ай бұрын
Wow, this is incredibly helpful, thanks for sharing your insights!
@VashaniqueMarshall
@VashaniqueMarshall 9 ай бұрын
A fantastic resource for business owners, new and experienced alike.
@ChanitaGaines
@ChanitaGaines 9 ай бұрын
Solid advice as always. This is why I subscribe!
@joeishainez61
@joeishainez61 9 ай бұрын
Love this for us!!!! Thanks for the gems fellas
@karenselby2476
@karenselby2476 3 ай бұрын
Karen Selby from Norfolk VA. I'm not into Real Estate yet, but trying to learn as much as I can.
@patricehathaway4066
@patricehathaway4066 8 ай бұрын
Great content…🥰 to NO GAIT KEEPING!!! Thanks for sharing but remember you don’t need 💵 to wholesale real estate!
@UshaMorgan
@UshaMorgan 9 ай бұрын
Phenomenal advice, and just at the right time for me.
@iramcc409
@iramcc409 9 ай бұрын
A lot of gems in this video! Thanks!!!
@ek07305
@ek07305 9 ай бұрын
How do you manage all these cards and payment from one place?
@rubysmith3947
@rubysmith3947 9 ай бұрын
Mad respect to you both for real
@riarereitimon4410
@riarereitimon4410 9 ай бұрын
Great content! Thanks for sharing
@orapennington3110
@orapennington3110 9 ай бұрын
Really great stuff in this video, thanks for sharing
@Bangs_Theory
@Bangs_Theory 9 ай бұрын
@MG The Mortgage Guy how do I get in touch with you?
@shawnaweeks6299
@shawnaweeks6299 9 ай бұрын
Love this vibe
@Kingme1love
@Kingme1love 8 ай бұрын
I thought when it’s attached to a positive active trade line you’re not to dispute the inquiry???
@911lucy69
@911lucy69 8 ай бұрын
Thank you for the knowledge
@SylvannaLove-wd8nw
@SylvannaLove-wd8nw 9 ай бұрын
Your guidance is invaluable and very much appreciated.
@TAWNdidthat
@TAWNdidthat 8 ай бұрын
Gems, gems, gems. Thanks for sharing.
@adriennet3606
@adriennet3606 9 ай бұрын
How do you find out what vendors your banks pull from?
@williecarroll3565
@williecarroll3565 9 ай бұрын
Wow, thank you for sharing.
@warrenblue9389
@warrenblue9389 7 ай бұрын
can i use my registered agent address as my business adress
@johnhkent2796
@johnhkent2796 9 ай бұрын
What’s Herman’s info. I’m from Philadelphia
@johnq748
@johnq748 5 ай бұрын
Yeah, he did a great job!
@dantesmith1558
@dantesmith1558 9 ай бұрын
Talk that talk Herm🔥🔥
@CarlosRodriguez-kh1tz
@CarlosRodriguez-kh1tz 9 ай бұрын
Are there websites to buy primary tradelines instead of AU'S?
@nicolemaxwell3440
@nicolemaxwell3440 9 ай бұрын
absolute BEAST
@Ronnie15369
@Ronnie15369 9 ай бұрын
Hi, how would be get the free ebook?
@finessefashions9920
@finessefashions9920 9 ай бұрын
Hard money lenders are how NEWBIES get into real estate with credit cards my friend 😉
@Mgthemortgageguy
@Mgthemortgageguy 9 ай бұрын
Set up for failure!
@finessefashions9920
@finessefashions9920 9 ай бұрын
@@Mgthemortgageguy yes and no.. do you recall talking to Herman about people having businesses that aren't businesses.. well you tackle that first issue off the bat by acquiring multifamily through the hard money lender to create cashflow and use the money from tenants to pay the lender for 3-6 months and in the meantime you set up your profile to go to bank and get a DSCR in your LLC..high level plays not the street stuff
@DoubleTHebrew
@DoubleTHebrew 9 ай бұрын
⁠@@finessefashions9920what’s dscr
@Bigcoopdog_01
@Bigcoopdog_01 9 ай бұрын
Does the same rules apply for under 100k in business credit cards?
@laurenplummer2306
@laurenplummer2306 9 ай бұрын
DOLO is the way to do it…gotta put in that work…RESPECT
@Livingyourbestlife2day
@Livingyourbestlife2day 8 ай бұрын
What is Dolo?
@Spanglishdee
@Spanglishdee 7 ай бұрын
No Gate-keeping Allowed 💪🏾
@LT-em1vu
@LT-em1vu 6 ай бұрын
How many houses do you own? I have 13 and 4 businesses pumping 11 million a year. Where are you? Gate-keeping? Please. A quick note here and there will not hurt the speaker or listeners. Get a life Bruh
@CRIMEDOGS22
@CRIMEDOGS22 9 ай бұрын
What is the guest speaker name?
@marcusdennis9827
@marcusdennis9827 9 ай бұрын
Herman Dolce
@rosalawrence8528
@rosalawrence8528 9 ай бұрын
LOVE THIS🔥
@parisjohnson3582
@parisjohnson3582 9 ай бұрын
What do u do when you 554 credit and have land and you want to build a retreat on it
@mboriginale
@mboriginale 9 ай бұрын
Get a partner with development experience
@jimmiejohnson7648
@jimmiejohnson7648 9 ай бұрын
Gotta get your credit up!
@impact6508
@impact6508 9 ай бұрын
Get your credit up first. Don’t rush yourself and make things worse. These dudes will have you thinking the world is gonna end if you don’t act now. Getting the bag has been around long before we existed so be patient.
@clayfurious4765
@clayfurious4765 9 ай бұрын
Sell it $$$
@chuckclayton9365
@chuckclayton9365 9 ай бұрын
This is valuable stuff
@barbarafarinaga5790
@barbarafarinaga5790 9 ай бұрын
no volume
@westmichiganjobclub587
@westmichiganjobclub587 6 ай бұрын
Have you ever heard of risk management? U.S. has over a trillion dollars in credit card debt. The interest rates on cards are over 30% and rising! The cards delinquency rate has exceeded above industry average. Therefore, the clamp down will be dramatically increased based upon current trends.
@theresacarroll1470
@theresacarroll1470 9 ай бұрын
I cant listen all day to you guys
@mimsphilip59
@mimsphilip59 7 ай бұрын
How can you dispute legit inquiries
@feliciabarlow3696
@feliciabarlow3696 9 ай бұрын
LIVING LEGENDS
@WomanofGod990
@WomanofGod990 7 ай бұрын
They are doing this because people (black people) are becoming more educated about their credit. All we had to do is put our children on as an authorized user and your child credit history will build. Now you have these individuals ( bankers) (Credit card companies) joining these groups listening and learning with your teaching than build strategies to block them (black people).
@theautomomma6750
@theautomomma6750 8 ай бұрын
For registered agents -- make sure they will actually collect, scan, and physically forward your mail. They are not typically ideal as an address solution though. Any newbie due diligence specialist will do a Google search and see the 10K other businesses at that address. They no likey. Get a physical address you can use and save yourself the time and pain. Once you have an account after 3-6 months then change. This ain't legal or financial advice. 💅🏾
@chellg6966
@chellg6966 9 ай бұрын
Problem with the websites MG
@driayoung710
@driayoung710 8 ай бұрын
Miramar Florida (Hollywood)
@julialopez9312
@julialopez9312 9 ай бұрын
Wait how am I just finding you guys?!
@Nesbilly
@Nesbilly 9 ай бұрын
Florida originally from NYC
@amandadaugherty6477
@amandadaugherty6477 9 ай бұрын
Big facts only fr
@oglu7569
@oglu7569 9 ай бұрын
You can also use consumer law or tradelines just thinking out loud
@megantyson5832
@megantyson5832 9 ай бұрын
Everything you are saying I am hearing
@KINGDRASTIC
@KINGDRASTIC 9 ай бұрын
Lmao@ who sent you mr berry 😂😂😂
@TAWNdidthat
@TAWNdidthat 8 ай бұрын
Wyoming LLC is for anonymity.
@adrianduncan9735
@adrianduncan9735 9 ай бұрын
Sometimes you have to tell it like it is Brosky!
@Fancyferg
@Fancyferg 6 ай бұрын
No gate keeping allowed!! 😅
@steveshelton7014
@steveshelton7014 9 ай бұрын
Very good
@sadeekbeen3055
@sadeekbeen3055 8 ай бұрын
I need to connect with the homie on the right.
@elaineallan9190
@elaineallan9190 9 ай бұрын
MORE Videos Please :)
@jukarera1635
@jukarera1635 9 ай бұрын
So now there’s no money smh
@barbaradunham4213
@barbaradunham4213 9 ай бұрын
Yesss🔥🔥🔥
@maureenhayes1008
@maureenhayes1008 9 ай бұрын
Yessssss yesss yesss yess yessssss
@AyeDeeTV
@AyeDeeTV 7 ай бұрын
All cap he don’t know Nathaniel
@cryptodegensolana
@cryptodegensolana 9 ай бұрын
If you don’t even have a checking account this video is not for you
@adellstewart2274
@adellstewart2274 9 ай бұрын
🔥🔥🔥🔥🔥🔥🔥🔥
@LT-em1vu
@LT-em1vu 9 ай бұрын
Look brothers and sisters, this is all good stuff, but don't do this for Real Estate if this is your first deal. Real Estate takes too long to pay off (it is a big pay day). Look into other things outside of real estate. You have monthly payments within 20+ days. I'm 67 years old and I know what I'm taking about. I love these brothers. Be smart.
@Jeff-r4f
@Jeff-r4f 8 ай бұрын
what do mean?
@OptLights
@OptLights 8 ай бұрын
Meaning they are right for people that are a little more Savvy people. First time out after you get a few cards make money in other businesses other than RE until you get more cushion for RE.
@lashondabuskey8603
@lashondabuskey8603 7 ай бұрын
I get what you’re saying. Not enough people make videos for beginners.
@AllThingsHoops365
@AllThingsHoops365 6 ай бұрын
You feel this way even if it’s a flip?
@LT-em1vu
@LT-em1vu 6 ай бұрын
Exactly@@OptLights
@GetBack2Business
@GetBack2Business 9 ай бұрын
💎
@SoundRyteMobileDJs
@SoundRyteMobileDJs 9 ай бұрын
Herman movin like Trump let's go!!! 🇭🇹🇭🇹🇭🇹
@ChristyDStarling
@ChristyDStarling 7 ай бұрын
💜🔥💜🔥💜🔥
@judithgraham4531
@judithgraham4531 9 ай бұрын
Mhmmm keep talking
@shelleygreyrealtor
@shelleygreyrealtor 9 ай бұрын
I'm Shelley Grey, a Realtor who services Lancaster and Palmdale, California. As an investor myself, I can help you find great real estate deals in the area.
@vermekamartin1339
@vermekamartin1339 9 ай бұрын
Invaluable
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