Ever go into a bank and try to borrow money to buy the bank’s stock?
If it’s a publicly traded stock like Bank of America or Wells Fargo, then you could buy some shares.
And if anyone would know how well the bank is doing, it would be your local banker… right?
Pretty much every bank in the world will tell you they want a relationship with you. They’ll tell you that they want to work with you too.
So if you could grab some of their stock before the price skyrockets off…
Well, then you and your bank both profit… right?
Suppose you like to bank with Wells Fargo. It’s a big and popular bank. As I write this, their stock is trading for about $47 per share.
A $10,000 grubstake would get you over 200 shares of their stock.
So what would happen if you went into a local Wells Fargo branch and asked to borrow $10,000 to buy their stock?
They’ll tell you the same thing that any other bank will tell you…
You can’t borrow money to buy ANY stock.
But what if you said that you found a four-unit apartment that you wanted to buy?
You want to put $10,000 down on the property and borrow the rest of the money from the bank.
You know what happens next?
Your local banker suddenly wants to be your new best friend.
Think about it.
The bank won’t loan you a penny to buy their own stock…
But they’ll loan you a truckload of the green stuff to buy real estate.
Pretty amazing.
So what’s the big “a-ha moment”?
Well, there’s actually two of them.
First, you can’t borrow money to buy any type of stock. Even the bank’s own stock.
You can borrow money to buy assets that can carry debt.
Like real estate.
Second, this is just one of the many “golden nuggets” I’m going to share at my upcoming training on Real Estate Investing. (Click here to find out more).
It’s completely free to attend.
And this special training starts in about 72 hours.
If you’ve been thinking about getting started with real estate…
Then you need to be at this live web-based event.
The last time I did a training like this, it was a packed virtual house.
I fully expect it will be again.
Don’t get left out. Here’s the link again.
10X Every Day,
Grant
Disclaimer: This content is intended to be used for educational and informational purposes only. Before investing, you should always do your own analysis based on your own financial and personal circumstances before making any investment. Grant Cardone is an industry expert who has been investing for over 30 years and his opinion is based solely on his own personal experience and circumstances. Individual results may vary. You should perform your own due diligence and seek the advice from a professional to verify any information on our website or materials that you are relying upon if you choose to make an investment. Investment involves great risk and there is no guarantee of performance or results.
We are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content presented should not be taken as professional advice. We recommend seeking the advice of financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.