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Real Estate Investing Forums  |  Real Estate Investing  |  Financing, Hard Money Lenders, Credit, Qualifying (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, christopher w, motivatedceo)  |  Topic: Who is Thomas Kish? « previous next »
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Author Topic: Who is Thomas Kish?  (Read 16344 times)
katnib
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« on: March 03, 2006, 10:20:04 AM »

I am trying to find any info on a guy named Thomas Kish I have come across his name a couple of times offering unsecured business lines of credit, but cant find anything good or bad. Thanks for any help.
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mrgino
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« Reply #1 on: March 05, 2006, 03:48:19 AM »

Here is the complete version of the course:

Set up entity.

Have five figures cash or find partner who does.

Deposit in bank.

Wait three months.

Have 700+ Fico or partner who does.

Apply for biz LOC/CC

Use cash to buy and flip properties.

Rinse and repeat.

Seriously, there is tons more information on CB for free than this guy charges for
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katnib
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« Reply #2 on: March 05, 2006, 06:54:57 AM »

Thanks for the feed back, that is pretty much the formula I thought he was trying to sell but finding anything out about him or his program is virtually impossible.Iwill be set up with an LLC in a couple of weeks and am trying to find info on biz loc's but am not just going to throw money at something. Again thanx for the info.
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kikaider69
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« Reply #3 on: March 05, 2006, 09:57:00 AM »

The key point to his system is the EIN once you set up your LLC, LP, or corp.  If you click on the globe under my name.  You will be taken to his site to learn more about it.  He holds calls on a regular basis.  If you sign up on his site to learn more about it.  He sends out info on a regular basis.
steve
« Last Edit: March 05, 2006, 09:59:45 AM by kikaider69 » Report to moderator   Logged

noob investor in florida
Steven Oki
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« Reply #4 on: March 06, 2006, 09:56:27 PM »

mrgino,

You said, Have 700+ Fico or partner who does.

According to his audios, the bank contacts he has does not ask about your personal finance.

Maybe I am wrong, but that is what he says.

Darryl Murphy
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GoldenRealty
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« Reply #5 on: August 03, 2006, 04:30:45 PM »

Hi, excuse my ignorance but what is CB?
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restart
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« Reply #6 on: August 03, 2006, 04:35:45 PM »

That is right, Kish claims that you can get $ 200,000 "right away" if you have a corporation, no matter how bad your own credit score is.

The way I saw it, you get a corporation, then apply for business lines of credit in the corp. name up to $ 200,000!

I have a corp. and did apply..... no dice. it is all BS.
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Shamatso
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« Reply #7 on: August 03, 2006, 08:07:24 PM »

Let see, I have 700+ and I mean + on my credit score and only can get maximum of $30K in line of credit for my LLC.  Yeah, I can go to other banks and they all will give me $10K to 30K until I've been proven.  Isn't it strange that, when you need capital, they need performance record but once you established it, they will give you all the money you want but by then you have all the money you need at that moment.  There are more important things to worry about than money since, there are investors that will work with you.  If you have all the players and exit strategy in place, you have better chance of getting attention from investors and bankers.  Remember, don't waste time talking to or presenting to a rep or someone who does not have a title as senior or executive in the job title.  One more thing, don't chase the big bank rather, get into small to medium banks that are eager to work with you.
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Mortgage Mark
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« Reply #8 on: August 08, 2006, 12:25:46 PM »

I know I'm promoting myself here, but I think this will help these investors out.

If you walk into a bank they most they can offer you is,as you said, 10-30k.  However, using a broker can increase that number considerably.  I have a classified ad up about this.  If your credit is over 680 I could get you  up to 75k on a stated loan on a personal line of credit.  If you have 680 credit and a business that is over 2 years old.  Depending on your yearly revenue I can get you up to 150k.  If you're curious as to why this sounds too good to be true then let me know.
« Last Edit: August 08, 2006, 02:47:53 PM by kdhastedt » Report to moderator   Logged

Mark Forsyth
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ShaunG
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« Reply #9 on: August 08, 2006, 05:00:16 PM »

Why don't you enlighten us all?   Wink
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Shaun Gale
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Ohio Mortgage Company - Specializing in investment mortgage loans.
Mortgage Mark
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« Reply #10 on: August 08, 2006, 05:11:37 PM »

I'd love to, but it took me quite a bit of work to build these contacts, since I had absolutely no guidence from any fellow brokers.   I recommend doing your own due diligence if you want to start offering this product.

sorry
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Mark Forsyth
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JOHNNY Q
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« Reply #11 on: August 08, 2006, 10:56:49 PM »

If you have a business or a coporation , it is a SBA loan or commercial loan depending on what you are going to do. Most bank like to see a year in business. A  Dun and Bradstreet rating helps.
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John Quebedeaux-CEO-Quebedeaux Financial Investment Holding LLC
Residential, Commercial, Construction, Land Acquisitions, Lot Loans, Bridge Loan, Hard Money, Foreclosure Bailout & Short Sales.MTN, BG, SBLC etc...
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« Reply #12 on: December 11, 2007, 04:18:57 PM »

 Hello, Tom’s business credit guide has helps thousands of his clients
 get over 150 million dollars in business credit and counting.
 
 His system for getting credit for both new and older businesses is proven.
 
 His business credit training videos are even found on YouTube.
 
 What one of Toms clients just wrote about his coaching…
 
 “Hey Tom,
 Just a quick note to give you an update. Last month I walked away from the
 closing table with a check for over $47,000. Not bad for a tiny condo in a
 down market. I knew it was a deal when I saw it. I used your advice and
 found a "twist" like you talk about, which in this case was to spend $1800
 to convert a studio condo into a legal one bedroom unit. The money for the
 down payment, the closing costs and the construction all came from a
 business line of credit that I got by using your system.
 
 I purchased 10 condos in the last year and now have a very systematic
 process and a very well defined niche. Now others come to me asking
 how they can partner with me.
 
 Last night I calculated the equity I have in each of these properties. WOW!
 
 There are a lot of good people that have valuable things to say about
 real estate investing. But you are by far the most practical and influential
 I have ever found. “
 
 All the best,      Mike Peterson - Edina MN






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Mdhaas
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« Reply #13 on: December 12, 2007, 04:39:48 AM »

Thanks for the Infomercial, Mike.   rolleyes
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If at first you don't succeed.....................skydiving is not for you
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« Reply #14 on: December 12, 2007, 10:36:53 PM »

no bank is going to give you business credit without a personal guarantee.  In order to issue a personal guarantee you will have to use your own personal credit as well, until your business is established enough to earn it's own credit.  So once again, no money, no credit, no problem is a bunch of bull.  Don't waste your money on business credit programs, you need good personal credit to start building business credit.
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Real Estate Investing Forums  |  Real Estate Investing  |  Financing, Hard Money Lenders, Credit, Qualifying (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, christopher w, motivatedceo)  |  Topic: Who is Thomas Kish? « previous next »
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