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Wayne Palmer on Creative Financing

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One of the most creative investors I have ever met, Wayne Palmer explains a bit about some of the deals he is working on. He will be Robert's special guest at our two-day book study in April 2007.

Channel: People & Blogs
Uploaded: November 30, 1999 at 12:00 am
Author: DarthSeif

Length: 18:59
Rating: 4.50
Views: 23922

Tags: Cashflow  Dad  Estate  Financing  Kiyosaki  National  Note  Palmer  Poor  Real  Rich  Robert  Wayne  

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Video Comments

Azbx23 (November 30, 1999 at 12:00 am)
this hawaiian motherfucker is full of shit. his books are good for one thing and one thing only - motivation.
americanplanninginc (November 30, 1999 at 12:00 am)
THIS VIDEO IS COOL.ARTHUR ROBINSON
lti12 (November 30, 1999 at 12:00 am)
you cant invest with no money. I think they sould be put to jail for misleading people like this, sorry for spelling english is my second language
lti12 (November 30, 1999 at 12:00 am)
a friend has his money in the bank at 3% why wound he give you the money at 6% that you use and might loose? If he can get 6% in CDs in the bank wich is far more secure then you having them. this is just stupid talk. Also talking equty from your home is stupid too
lti12 (November 30, 1999 at 12:00 am)
ha ha good one hammer7629 Robert and his friend are very misleading they make there money from there stupid seminars.
lti12 (November 30, 1999 at 12:00 am)
a cashflow of $1,840 for something you invested $825,000 in is a vary stupid investment if you ask me.
ithanku2007 (November 30, 1999 at 12:00 am)
Wayne Palmer is the man!
supremacy2525 (November 30, 1999 at 12:00 am)
and also....you still have a mortgage on the 618,750 correct? you have to know the rate on this mortgage that wayne says you just "assume" in order to calculate a true ROI.
albertsteven (November 30, 1999 at 12:00 am)
the question is how can i get that kind of deal?
eelhwan (November 30, 1999 at 12:00 am)
I agree with peggerguy. $825K times 11% equals $90,750 per year in Net Operating Income (NOI). Less debt service to the 6% lender which is $49,500 leaves net cash flow to the owner of $41,250. That doesn't seem like making money from nothing, that is making money using OPM on a legitimate investment. Very cool!


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