18 min listen
The “King of Debt” Exposes Credit Hacks to Grow Your Business or Real Estate Portfolio | Jack McColl E68
The “King of Debt” Exposes Credit Hacks to Grow Your Business or Real Estate Portfolio | Jack McColl E68
ratings:
Length:
48 minutes
Released:
Jul 25, 2023
Format:
Podcast episode
Description
In today’s episode, Rich sits down for an interview with Jack McColl, the “King of Debt” – Jack, the founder of Credit Stacking, scaled from zero business credit to $500k in approved credit in just over 1 year, which he’s used to fund a variety of new businesses and investments. He now teaches his unique framework to over 2,000 entrepreneurs, helping them get access to hundreds of thousands of dollars of 0% interest capital so they can start a business, scale a business, or finance any type of investment. He shows others how to optimize their credit profile and make themselves look attractive to lenders without showing any financials, including tax returns, bank statements, or verified income. Rich and Jack dive into exactly what the underwriters are looking for, the importance of bank relationships, and tips for building those relationships. They discuss the specific banks you want to prioritize building a relationship with, which credit card companies are the easiest to get funding from, and a few major hacks for transferring your limits on 0% credit cards. Jack shares a few key tips for luxury travel using points, and leaves the listeners with some tangible strategies for optimizing their personal credit profile. Book a call: https://go.creditstacking.com/scheduleConnect with Jack on Instagram: @kingofdebt--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
Released:
Jul 25, 2023
Format:
Podcast episode
Titles in the series (100)
Buying a Luxury Airbnb at the Top of the Real Estate Market | E5 by The Rich Somers Report