If you structure the ownership correctly, it is illegal for a bank to call the loan do,

which means you're protected by federal law if you understand the intricacy

of the Garnet St. Germain Act, but it is only valid for single families duplexes,

triplexing quads, only residential property.

Welcome to the big fat real estate checks podcast with Marco Kuzlowski, where we help investors

like you get the knowledge and skills you need to replace your J-O-B with passive cash flow for life.

That is a repeat of the cycle that actually got me started and that's kind of why I'm very excited

because 22-23 years ago when I first got into the business, this is the market cycle that was going on

and I'm pretty excited because I've waited 23 years for the same cycle, where interest rates

are going up, equity that's been created over the inflationary time and cheap money has slowed

down significantly and now actually is stalling and going backwards, eroding the equity that people

captured in the short period of time and anyone that really needs to sell is going to be forced to

sell the property at a discount because there are fewer buyers because of the high interest rates,

I'm basically recapping what we've done over the last two episodes and if you understand the

mortgage cycles and when to step into those cycles, that knowledge and the application of that

knowledge will make you very wealthy very quickly. In fact, the property that I'm living in right now,

I bought by taking over debt, I did not create the debt, someone else created the debt, very low

interest rates stepped into it and yeah, and I'm going to be doing it again and again and again,

so I've been waiting quite a bit of time to be able to do that. So we're going to talk about

it's possible and not only possible, you should take over other people's debt if you do it responsibly,

it's just like drinking or anything else. You have to do it responsibly if you are not careful

and you could hurt yourself or as I said corrected myself in the last episode,

...