How Anyone Can Borrow $500K at 0% Interest - Ep. #337

Brandon Elliott (0:00)

You can get up to 500,000 with interest rates as low as 0% and repeat the process every six months. And it's just that knowledge of knowing that that's even a possibility. More people would take advantage of it. Like Chase, for example, you can get up to 150,000 without any documentation.

13 credit cards in just 10 days. He got 150,000, 0% interest. He got 13 credit cards. He got a sign up bonus for each one. So he ended up walking away with like $15,600 in just free cash. He just wanted the cash. He didn't want to travel. But if he wanted to use it for travel, he actually could have got 7 to 21 extra turn off of it.

Chris Koerner (0:36)

Wow.

Brandon Elliott (0:36)

Hundreds of thousands. Crazy.

Chris Koerner (0:37)

Wow.

Brandon Elliott (0:38)

I can get my credit limit transferred into my bank account and they'll do it the very next day.

Chris Koerner (0:43)

I had no idea this existed. Oh, yeah.

Brandon Elliott (0:46)

Yeah. So many people don't.

Chris Koerner (0:50)

My guest today is an expert at using zero interest credit cards to get from 500,000 to over a million dollars in cash. Now, this could be cash to start a business, buy a business, develop real estate, buy real estate, Airbnb, investment property, whatever, zero percent. There are loopholes out there that are perfectly legal and ethical that everyday individuals can get. And if you don't have good credit, we talk all about very specifically how to get good credit in a short period of time. It applies to anyone and everyone. Please enjoy. How long have you been doing this?

Brandon Elliott (1:23)

So I've been in the funding, like following what the banks do and what the mega wealthy do since 2011 So I've been doing it for 15 years. I started in using it finally for real estate in 2015, and that started changing my life using credit cards to buy real estate.

Chris Koerner (1:40)

So are you exclusively helping people get funding through credit cards or is that just one way?

Brandon Elliott (1:45)

It's just one way, but the 0% interest, it's only in credit cards, but there's over 400 different products and services that the banks offer. Mortgages first, prioritize, and then credit cards, and then lines of credit or loans, and then lastly, auto loans in that order.

Chris Koerner (2:01)

Like loans against cars that they own or?

Brandon Elliott (2:04)

Just if you wanted to get like a vehicle or something, like it's the easiest to get. So you want to do that last versus a mortgage, they're going to be more critical about applications you've applied to in the last six months.

Chris Koerner (2:18)

So let's say I own a plumbing business, a million dollars in revenue, I pay myself 150 a year, one crew, I want a second crew, I need a second van, I need a hire, I need to make some investments. Let's say I need 150

You said you start with mortgage. What would you advise me to do as step number one?

Brandon Elliott (2:37)

Yeah, if you wanted to prioritize real estate right now and get a mortgage, then we would talk about that first. But if you're not, then you're just looking for capital, like working capital, cash, then you would go after credit cards. And I would want you to go after the percent, and on the business side specifically, if you're going to leverage it. Okay. Okay. And then if you needed vehicles to actually just grow and scale on that end, then we would prioritize that. You would just identify how many vehicles do you want. And then obviously, we want to put it on the business side, and we want you to leverage the full amount, not just like I don't want you to have to put anything in.

So there's different loans and different opportunities that you could build the, for example, like Bank of America, you could open a brand new business account with them, wait about two weeks, put some money into it, and then afterwards apply online. And you can actually get up to four auto business loans, up to $50,000 each very easily.

Chris Koerner (3:36)

Okay. So if I, let's just say I needed four vehicles for my business.

Brandon Elliott (3:39)

Yeah.

Chris Koerner (3:40)

You'd go straight to that?

Brandon Elliott (3:41)

Yeah, I would go straight to that to get pre-approved. And then there's some cool hacks that I would recommend for just auto dealerships or getting a car in general, like going the last day of the month. And then also looking, each dealership has like a leadership board.