I Thought I Understood Credit Cards Until I Talked to This Guy
Chris Koerner talks with funding coach Brandon Elliott about stacking 0% interest credit cards into $500,000 or more in cash for businesses and real estate, plus how to raise and repair your credit score.
The gist
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Elliott says 0% periods run 6 to 24 months, often 18, and you can apply for 10 to 50+ cards, repeating every six months.
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He recommends applying at big banks first, then regional banks, then credit unions, while watching rules like Chase's 5/24 and two-cards-in-30-days limits.
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To turn limits into cash, Elliott says call the issuer and ask for a promotional balance transfer to your bank account, usually a 1 to 5% flat fee.
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Elliott says leasing an aged authorized user spot for about 60 days helps you hit 21+ accounts and a 9+ year average age.
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He suggests using AI to find errors and draft dispute letters to the three bureaus, then funding the BRRRR real estate strategy with the cash.
"All it comes down to is adding authorized users. You could go to your parents, friends, family — there's an industry online that you can actually purchase them from, trade lines. You can get an aged account. You just need to do the math. It does three things in one: it gets yo..."
▶ Play at 18:38"What we do is we use a lot of it for real estate. I've always done the BURR strategy — buy, renovate, rent, refinance, repeat. I love that strategy, just the value add and cash flow and appreciation, tax benefits."
▶ Play at 35:44"With AI right now, you can put your credit report into AI and say, 'Hey, find all the areas that are incorrect, fight this for me. I'm trying to do credit repair. I want to get it legally, ethically, morally removed.' And it will draft up a letter."
▶ Play at 30:30What they recommend · 3 picks
"All it comes down to is adding authorized users. You could go to your parents, friends, family — there's an industry online that you can actually purchase them from, trade lines..."
"With AI right now, you can put your credit report into AI and say, 'Hey, find all the areas that are incorrect, fight this for me. I'm trying to do credit repair. I want to get ..."
"What we do is we use a lot of it for real estate. I've always done the BURR strategy — buy, renovate, rent, refinance, repeat. I love that strategy, just the value add and cash ..."
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