People think Velocity Banking is a Scam

Are you skeptical about Velocity Banking and wondering if it's too good to be true? In our latest video, we delve into the myths and misconceptions surrounding this financial strategy. Join us as we break down the principles of Velocity Banking, explaining how it works and why some people view it with suspicion. We aim to provide clarity and factual insights to help you understand whether this approach can genuinely benefit your financial situation.

In this discussion, we'll explore real-life examples and case studies to illustrate the potential advantages and pitfalls of Velocity Banking. We'll also address common concerns and criticisms, offering a balanced perspective on its effectiveness. Whether you're considering Velocity Banking for your financial plan or simply curious about its reputation, this video provides valuable information to help you make an informed decision. Don't miss out on this enlightening exploration of a controversial yet intriguing financial strategy. #VelocityBanking #FinancialStrategy #DebtManagement #FinancialFreedom #WealthBuilding #MoneyManagement #PersonalFinance #DebtReduction
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**DISCLAIMER** The suggestions, advice, and/or opinions that are given by Sam Kwak and Daniel Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold The Kwak Brothers and its brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based on experience.

[TheMercymerz]

Yes! U were the first person i heard this from on the internet. Ive followed you over the years, and if i were to actually work that system, you would be the only one I would trust to work with.

[jb]

Just asking, is the concept to take a HELOC and pay the Principal Balance of the 1st position??
But you're still paying for the HELOC interest rate, at a higher rate. Is it better because it's based on Simple Interest versus Amortized?
Is there a "catch"? Or is this that simple!?
I have a HELOC, can I do this with my existing, OR are there different types of HELOC's?

Sorry for the long questions, but just thinking 🤔.
You guys are great patriots, by the way!!🎉

[andrefarinha]

So haloc is what?
I am in portugal what should i look for. I don´t understand what is a haloc here
Thank you in advance

[tracycaywood]

Hello. I live in Texas. Do you know any lenders that can do a 1st lien HELOC in Texas? Thanks!

[supergproductions]

So if I take a Heloc out at the current rate of 8.9% for $300, 000 and pay of my mortgage that's at 2.5%. Then pay the Heloc off at $10K month I would spend $45, 000 in interest vs paying just $11, 000 of just paying of the mortgage at 10K a month. Genius! High Velocity would be to then take payday loans to pay of the Heloc and then go to pawn shop to get money to pay back the payday loans and then go to a loan shark to get your pawn stuff back.