Larry Chiang helps you own real estate with ‘no cash out of pocket’ because of his Jedi in Business Administration ( J.B.A.). Take that $500k you saved from a house ($250k) and an MBA ($250k) and bank all of it because neither Larry Chiang nor his mentor, Mark McCormack, went to Harvard Business. They both espouse, “get a house and an MBA for FREE”. It is “What They Don’t Teach You at Stanford Business School“, but now teach at Stanford Engineering. Similar to a credit bureau dispute written in sharpie on a #10 envelope, Reducing Homeownership Friction is “CS183PITI”.
by Larry Chiang
Real estate!!!
Owning real estate is tougher when your FICO is low.
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Larry Chiang (@LarryChiang) |
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note to self when back from vacay: Blog @duck9 “Rent-to-own”
#sxsw. #svbSXSW twitter.com/SVB_Financial/… |
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Owning requires you to afford the P.I.T.I.
Principal, Interest, Taxes & Insurance.
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TechCrunch (@TechCrunch) |
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Roofstock launches marketplace for purchasing rented homes tcrn.ch/1RJS0xh by @Katie_Roof
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RTO = “Rent-to-own”
Profit is hidden when the RTO would-be owner defaults. Regular profit is where renter pays above market price to rent. A small portion goes to down payment.
Hidden landlord cost = eviction.
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Silicon Valley Bank (@SVB_Financial) |
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Congrats to the @roofstock team! twitter.com/TechCrunch/sta…
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Duck9 is a credit score prep program that is like a Kaplan or Princeton Review test preparation service. We don't teach beating the SAT, but we do get you to a higher credit FICO score using secret methods that have gotten us on TV, Congress and newspaper articles. Say hi or check out some of our free resources before you pay for a thing. You can also text the CEO:
