Robert Kiyosaki Blog

Financial Education Portal inspired by Robert Kiyosaki

#

Private Lending from the Fast Track to the Rat Race

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

We actually added private lending before but i forgot to get it added with the house rules. It’s added now. So now, just like in life, you can get a private mortgage, just like you can find a money partner!

Fast Track players can lend to Rat Race players at the same terms and conditions stated in the house rules for borrowing from the bank except that the rate is 5% instead of 10% per month. Hey, that’s still 60% per year and only one Fast Track business has a yield that good.

Now, debt restructuring and refinancing is a strategy that can be pursued in Cashflow, just like the real world, in addition to just paying down debt. In other words, it makes “good debt” even better.

Original post:
Private Lending from the Fast Track to the Rat Race

Share and Enjoy


 

Build your own online affiliate business


 

More banks freezing HELOCS