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How to Hide Your Address By Buying Your Primary Residence Through An LLC · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 0:28
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security. You
• 1:00
  Speaker 2: made a video.
• 1:01
  Speaker 3: I think about this when putting a house in your
• 1:03
  Speaker 3: name as opposed to putting a house not in your
• 1:05
  Speaker 3: name so people can't find out.
• 1:07
  Speaker 2: Where you live.
• 1:07
  Speaker 3: Different things of the nature yeah, what's the what's the
• 1:09
  Speaker 3: deal with that? So, when you're buying a property, and
• 1:13
  Speaker 3: if you're using a non QM loan, a non QM
• 1:16
  Speaker 3: loan is a non qualified mortgage that basically means that
• 1:20
  Speaker 3: Fannie Mae, Freddie mac fha VA won't purchase that loan
• 1:25
  Speaker 3: in the secondary market. Right this is a portfolio loan,
• 1:28
  Speaker 3: which more non traditional lenders will use for non traditional buyers.
• 1:34
  Speaker 3: Right now, if you're buying a primary residence, there are
• 1:38
  Speaker 3: several lenders out there that will allow you to buy
• 1:41
  Speaker 3: that primary residence in your LLC name. Right we are
• 1:45
  Speaker 3: living in the post pandemic era where a lot of
• 1:48
  Speaker 3: people have made a lot of money over the past
• 1:51
  Speaker 3: two years, and folks are buying you know, their mini
• 1:54
  Speaker 3: mansions and their the mansions right now. And if you
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  Speaker 3: don't want the world to be able to find you,
• 2:02
  Speaker 3: the best way is to put it in a LLC.
• 2:06
  Speaker 3: So that way they can't google your name and find
• 2:09
  Speaker 3: you because it's in the LLC. So now the mortgage
• 2:12
  Speaker 3: is in the LLC name, the deed of the properties
• 2:14
  Speaker 3: in the LLC name. You own the LLC, the LLC
• 2:18
  Speaker 3: owns the property, so it's the same. It's the same
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  Speaker 3: way as if you're buying investment properties and putting in LLC,
• 2:26
  Speaker 3: but this just so happens to be your primary residence.
• 2:28
  Speaker 3: So there's several lenders that out there that will allow
• 2:32
  Speaker 3: you to do this. But again, interest rates wise, right
• 2:36
  Speaker 3: now non QM loans is going to be in that
• 2:39
  Speaker 3: seven to nine percent range, just depending on the lender
• 2:42
  Speaker 3: and the deal that you're doing, but it can get done.
• 2:45
  Speaker 3: I've done several loans like that over the past twenty
• 2:48
  Speaker 3: four months where I'm working with celebrities or influencers and
• 2:53
  Speaker 3: we're using these products to kind of shield their identity.
• 2:57
  Speaker 3: And then also when you set up the LLC, and
• 2:59
  Speaker 3: it's gonna be a brand new LLC too. By the way,
• 3:01
  Speaker 3: it doesn't need to established business credit. You can have
• 3:04
  Speaker 3: a minimum of a six forty credit score. Obviously, the
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  Speaker 3: lower the credit score, the higher interest rate. But the
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  Speaker 3: key to this is when you open up the LLC.
• 3:13
  Speaker 3: You know what it says you open an LLC, It
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  Speaker 3: says registered agent. You don't put your name there as
• 3:17
  Speaker 3: the registered agent. Because if someone looks in some way
• 3:20
  Speaker 3: somehow finds that LLC and your the name is the
• 3:23
  Speaker 3: registered agent, then obviously they're going to know you own it,
• 3:26
  Speaker 3: so you got to have another registered agent's name there.
• 3:30
  Speaker 2: So that way you showed it as well.
• 3:31
  Speaker 3: But yeah, that's a play right now that we're using
• 3:36
  Speaker 3: on a daily basis and my mobile. It's the highest
• 3:38
  Speaker 3: interest it's a higher interest rate. It's gonna if you
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  Speaker 3: have a lower credit score, but if you have seven
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  Speaker 3: hundred plus credit scores, because you're still personal guaranteeing the loan.
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  Speaker 3: I want to make that clear too. Although it's going
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  Speaker 3: in the LLC's name, you as the owner, are personal
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  Speaker 3: guaranteeing it.
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  Speaker 2: So if you.
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  Speaker 3: Try to skip down and not pay the bank, okay,
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  Speaker 3: they're gonna just put it on your personal credit and
• 4:01
  Speaker 3: then they're going to come after you. So yes, the
• 4:05
  Speaker 3: higher credit score, the lower the interest rate, and then
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  Speaker 3: today's market, that lower rate will represent probably somewhere in
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  Speaker 3: the sevens the higher nine ten percent, especially if you're
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  Speaker 3: not low six hundred credit score.
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  Speaker 4: So, are there are ways and I saw you post
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  Speaker 4: this as well, are there ways to lower.
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  Speaker 2: The interest rate?
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  Speaker 4: Obviously we've seen them going up over the past twelve
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  Speaker 4: months and come down slightly over the past month or so,
• 4:29
  Speaker 4: are there ways that we can use or strategies we
• 4:32
  Speaker 4: can use to lower our interest rates when it comes to.
• 4:34
  Speaker 2: Finance, and all for primary residences or I let's.
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  Speaker 4: Take primary and maybe I guess so yeah.
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  Speaker 3: So if we're talking the traditional route right conventional FHA,
• 4:45
  Speaker 3: you could do what's called a two to one by
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  Speaker 3: down right now, two to one buy down is it
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  Speaker 3: used to be popular during the wild cowboy days. It
• 4:52
  Speaker 3: was totally underwritten different, but now I like the way
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  Speaker 3: the program is. So basically, essentially, as a two to
• 4:58
  Speaker 3: one buy down, you need to sell this concession, the
• 5:01
  Speaker 3: fundness buy down. You the borrower, cannot use your own
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  Speaker 3: moneies to do the two one buy down. So how
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  Speaker 3: it works is a lender, let's just say you're doing
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  Speaker 3: the FHA loan. Let's just say today's race five and
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  Speaker 3: a half percent on the thirty year fix. For example,
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  Speaker 3: the first year your interest rate will be three point
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  Speaker 3: five percent, the second year the rate will be four
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  Speaker 3: point five percent, and year three to maturity date will
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  Speaker 3: be the note rate of five and a half percent.
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  Speaker 3: So the lender will determine how much money are you
• 5:35
  Speaker 3: saving between three and a half percent and five and
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  Speaker 3: a half percent and four and a half percent and
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  Speaker 3: five and a half percent.
• 5:42
  Speaker 2: Ernest, what's up?
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• 5:46
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• 5:49
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• 5:52
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• 5:57
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• 6:46
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• 7:33
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 7:36
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 7:40
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 7:45
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 7:49
  Speaker 1: some of the heinous migrant criminals caught because of President
• 7:52
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 7:56
  Speaker 1: Secretary of Homeland Security. Under President Trump, a tempted illegal
• 8:00
  Speaker 1: border crossings are at the lowest levels ever recorded and
• 8:04
  Speaker 1: over one hundred thousand illegal aliens have been arrested. If
• 8:08
  Speaker 1: you are here illegally, your next you will be fine
• 8:11
  Speaker 1: nearly one thousand dollars a day, imprisoned and deported, you
• 8:15
  Speaker 1: will never return. But if you register using our CBP
• 8:19
  Speaker 1: home app and leave now, you could be allowed to
• 8:22
  Speaker 1: return legally. Do what's right, leave now. Under President Trump
• 8:27
  Speaker 1: America's laws, border and families will be protected.
• 8:31
  Speaker 2: Sponsored by the United States Department of Homelandsecurity.
• 8:33
  Speaker 3: So let's just say over those two years, you're saving
• 8:36
  Speaker 3: a combination of ten thousand dollars, right, you need to
• 8:39
  Speaker 3: get a sealess concession of ten thousand dollars to fund
• 8:44
  Speaker 3: that to one by down and that essentially will give
• 8:47
  Speaker 3: you the opportunity to have a lower rate for the
• 8:50
  Speaker 3: first couple of years. It's kind of like the teaser rate,
• 8:52
  Speaker 3: so it will be but it's a thirty year fixed program.
• 8:55
  Speaker 3: And the idea behind this is, and this is why
• 8:58
  Speaker 3: Linda started bringing this program and back when rates jumped up,
• 9:01
  Speaker 3: is because you know what, lenders are still going to lend.
• 9:04
  Speaker 3: We're going to be creative, We're going to figure this
• 9:05
  Speaker 3: shit out. Right, it's totally illegal, so we're going to
• 9:08
  Speaker 3: bring back products that makes both sense and sense for
• 9:11
  Speaker 3: all parties involved. This is a way to make home
• 9:15
  Speaker 3: ownership affordable over the first couple of years while we
• 9:19
  Speaker 3: ride the wave of this current cycle, and when rates
• 9:22
  Speaker 3: tick down, there's going to be a refinance boom in
• 9:25
  Speaker 3: the next twelve to eighteen months, maybe sooner right now.
• 9:29
  Speaker 3: Another way is to buy down points. Buying down points now,
• 9:34
  Speaker 3: you can fund this with a salize concession, or you
• 9:37
  Speaker 3: can use your cash out of your bank account to
• 9:39
  Speaker 3: buy down points, and it's part of your closing costs
• 9:41
  Speaker 3: as well. And one point is equivalent of one percent
• 9:45
  Speaker 3: of the loan amount, So if you're buying, let's just
• 9:47
  Speaker 3: say it's a five hundred thousand dollars loan, one point
• 9:51
  Speaker 3: is five thousand dollars, and that will bring your rate down,
• 9:55
  Speaker 3: depending on the lender, a quarter of a point to
• 9:58
  Speaker 3: three eighths of a point. So if it's off at
• 10:00
  Speaker 3: five and a half, you brought a point, it will
• 10:02
  Speaker 3: go to five point one two five percent or five
• 10:05
  Speaker 3: and a quarter on a thirty year fix. And and
• 10:08
  Speaker 3: each point you buy will knock down quarter to three
• 10:11
  Speaker 3: as of a point, So that's also another way that
• 10:15
  Speaker 3: you can bring down your interest rate. But ultimately, the
• 10:18
  Speaker 3: way to lock in the lowest rates possible is to
• 10:23
  Speaker 3: have the highest possible credit score that you can have,
• 10:27
  Speaker 3: especially in today's market, where you know, even if you
• 10:30
  Speaker 3: have a seven hundred credit score, you might not still
• 10:32
  Speaker 3: get the lowest rate, whereas a year ago that still
• 10:34
  Speaker 3: would give you a great rate at seven hundred and
• 10:37
  Speaker 3: seven to twenty. No, you really have to be in
• 10:39
  Speaker 3: that if you're going conventional, you really have to be
• 10:42
  Speaker 3: seven forty seven sixty and higher right now to really
• 10:45
  Speaker 3: get that whatever that national rate that people see online
• 10:50
  Speaker 3: with no points, you really have to be in that
• 10:52
  Speaker 3: higher upper echelon of credit when you're talking conventional now, FHA,
• 10:57
  Speaker 3: you can have a six eighty seven hundred credit store
• 11:00
  Speaker 3: still get a great rate with those scores.
• 11:03
  Speaker 4: So in that first scenario, going from's that example three
• 11:07
  Speaker 4: point five to five point five, after it gets let's
• 11:10
  Speaker 4: say after that third year, is it capped at the
• 11:11
  Speaker 4: five point five?
• 11:12
  Speaker 2: Correct? It's capped, right, So it's not an adjustable rate.
• 11:14
  Speaker 3: Correct, it's not adjustable rate. It's a thirty it's a
• 11:17
  Speaker 3: thirty year fixed mortgage. But speaking of adjustable rates, that's
• 11:20
  Speaker 3: another way, but adjustble rates, you got to really look
• 11:22
  Speaker 3: at the math and see does it make sense for
• 11:26
  Speaker 3: me to take this adjustable rate because the a five
• 11:29
  Speaker 3: year so adjustment rates are typically fixed for five years,
• 11:32
  Speaker 3: seven years, or ten years, and then after that it
• 11:36
  Speaker 3: adjusts for the life of the moment. Depending on where
• 11:38
  Speaker 3: the market is, the rate can go up and go down.
• 11:41
  Speaker 3: So folks who had adjustable rates prior to the pandemic
• 11:46
  Speaker 3: they won because they rates. If there was an adjustment phase,
• 11:50
  Speaker 3: they rates dropped down so they didn't really necessarily have
• 11:54
  Speaker 3: to refinance and pay closing costs and things like that
• 11:56
  Speaker 3: because the market was in a favor now on a
• 11:59
  Speaker 3: flip side, big difference, so they I advise all my
• 12:04
  Speaker 3: clients and people who I was speaking to who had adjustables,
• 12:08
  Speaker 3: you might as well get out of it because the ten, fifteen, twenty,
• 12:12
  Speaker 3: and thirties the cheapest has ever been, So it doesn't
• 12:15
  Speaker 3: make sense to play the risk. But in this market,
• 12:17
  Speaker 3: adjustable rates make sense. For someone who is not looking
• 12:21
  Speaker 3: and they know that not going to stand at home
• 12:23
  Speaker 3: for the long term. This is not a thirty year
• 12:25
  Speaker 3: play for them.
• 12:26
  Speaker 2: This is a five year place.
• 12:27
  Speaker 3: So if you know I'm gonna be in this house
• 12:29
  Speaker 3: for five years, and I'm just using this as my
• 12:31
  Speaker 3: starter home. I wouldn't recommend getting a five year ARM.
• 12:35
  Speaker 3: I would probably say do a seven or ten because
• 12:37
  Speaker 3: life happens and you never know. And if you see
• 12:40
  Speaker 3: an opportunity to refinance over the next couple of years
• 12:42
  Speaker 3: and you still own that house, take advantage of the
• 12:44
  Speaker 3: refinance opportunity as well. So adjustable rate mortgagees can work
• 12:48
  Speaker 3: if it makes sense, But in most cases, from what
• 12:50
  Speaker 3: I'm seeing, sometimes it just doesn't make sense. My graduates
• 12:56
  Speaker 3: from my school being forced bad drops.
• 13:14
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 13:18
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 13:22
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 13:26
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 13:30
  Speaker 1: some of the heinous migrant criminals caught because of President
• 13:34
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 13:37
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 13:42
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 13:46
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 13:49
  Speaker 1: are here illegally, your next you will be fine. Nearly
• 13:53
  Speaker 1: one thousand dollars a day. Imprisoned and deported, you will
• 13:57
  Speaker 1: never return. But if you register using our CBP home
• 14:01
  Speaker 1: app and leave now, you could be allowed to return legally.
• 14:05
  Speaker 1: Do what's right. Leave now. Under President Trump America's laws,
• 14:09
  Speaker 1: border and families will be protected.
• 14:12
  Speaker 2: Sponsored by the United States Department of Homeland Security,