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Financial Independence - Coggle Diagram

- - - - 1) Property - Cash out Business Tradelines
        
        $25,000 (Cash 20%Down)
        
        $125,000 Interim Loan
        
        Purchase Closing $5,000 (financed - Interim collateral)
        
        Refinance Closing $6,000 (rolled over into 20 yr amortized loan)
        
        Goal is to make $10,000 to $15,000 (75%-80
        
        With minimum $300 Cashflow out after expenses
      - 2) Property - Line of Credit (3.5% & 7% = 6% avg)
        
        $100,000 Buy and Rehab with LOC
        
        One Closing: Refinance
        
        Goal is to make $15,000 to $25,000
        
        With minimum $300 Cashflow out after expenses
- - - - Allocate 3 area
        
        Whole Life Policy Premium
        
        Paper Assets
        
        Reserves (1% - 5%)
      - Budget $10,000 per month
        
        10% Tithe
- - - - 1a) Kira Banks - $20,384
      - 1b) JC Banks - $6,997
    - - Odyssey - $20,000 +/-
      - Audi - $9,000 +/-