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No to Grow – How to Use Debt to Make Money

how to make money with debt

You can Leverage Your Debt to Bring in Thousands of Dollars

We have been trained to hate debt.

And for good reason too.  Most of the time when we get into debt, it’s because we’ve been careless with our spending.  A lot of debt that people incur is because they want to buy a bunch of toys, or go on vacations they can’t afford, or dropping a bunch of money at the bar on a wild weekend.

That debt, of course, is bad debt.  It’s debt that doesn’t do much for you in the long run.  But if we take our feelings toward debt and apply them to ALL debt, we do ourselves a huge disservice.

Take a look at this short video, or keep reading for the finer details.

Consumer Debt versus Leverage Debt

Most people see debt in two categories: good debt and bad debt.  We lump things like buying a house or student loans into the “good” debt category.  And we lump cars, credit cards, and things like that into the “bad” debt category.

But really the good debt is debt that makes you money; the bad debt is debt that costs you money.

So while a house and student loans could end up making you money, they are likely to fall into the bad debt category.  It’s debt that you incurred to buy something that you intend to use.

There’s a way, though, to go into debt, and use that debt to bring you even more money than the debt is costing.  Here’s the simplified version of that.

How to Leverage Your Debt to Make Money

Let’s suppose you have $100,000 and you can pick up rental properties for $100,000 each.  Let’s also suppose that those rentals bring in $1,000 per month in income, for a total of $12,000 per year.  For the sake of simplicity we’re ignoring taxes and insurance.

Using your $100,000 you can create an income stream of $12,000 per year.  Not too shabby.

But what if you took that hundred grand, and divided it into five parts.  Then, you bought five rental properties, mortgaging $80,000 from each one?

You now have 5 properties, bringing you $1,000 per month each, for a total of $60,000 per year.

Of course, we have to subtract the interest we’re paying, so we’ll give that an arbitrary 5%.  This comes out to $2,000/mo on a $400,000 loan; or $25,000 per year.

The money coming in ($60,000), minus the cost of the loans ($25,000), gives us an annual income of $335,000.  We leveraged the debt to bring nearly three times the amount of income per year!

Join no to Grow to Give Yourself a Boost

The old adage that you need money to make money is true.  In order to put those down payments on rental houses, you have to have money for the down payments.

That’s where No to Grow comes into play.

With the concept you learn in this course, you can earn money outside of your day job.  The result is that you have money to invest in rental properties (or any other investment) so that you can live a life of freedom.

Click those big ass red letters down below to get started today.


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