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 bitch 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 shit 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 shit 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

shit 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