Five figure passive income: step by step

I was in my job as a computer programmer making a 5-figure monthly income when my mentor asked me what my objective was. I realized it was to have a low 5-figure monthly income without having to plant my butt in a chair from 9 to 5pm every day. So my mentor began to cook up a game plan and here is what we came up with.

I’m going to work backwards from the last step to the first step.

Final phase: put 3 million in a private hedge fund and get 2 points of gross profit every month

Once you put 3 million in our private hedge fund, you get about 60k gross returns (2%) every month. Presuming you got the loan for 3mm from us, you are paying 5% for 5 years on that loan, or about 30k/month, leaving you with 30k pure profit every month.

300k to 3mm phase: we obtain a 3mm loan for you

300k buys insurance on a 3mm loan. Such loan money is only offered to those with a corporation (C-corp preferred) in a physical location.

Obtain 300k via a fully doc’ed Aged Corp

A fully documented aged corp has 3-7 years of financial records and costs 35k to 50k. They are fundable in 7 days for 300k to 1.2mm depending on how we strategize the funding. You are the personal guarantor for these funds, so you need a solid personal credit profile.

Solid personal credit profile

My mentor does not go the CPN route. My partner Steven Simmons will perform “wealth incubation”: he will create an LLC and guide you through 3-6 months of activity to make the LLC fundable for 50k. At the same time, your personal credit profile is being built up. Once you obtain the 50k, you have a fundable corp and a solid personal credit profile. All fees to obtain 50k are paid out on the back-end as follows:

  1. 10k goes into Steven’s Gap Funding Hedge Fund (GFHF). This will pay you 100% every 3-6 months.
  2. 2. 5k is paid to the Angel Investor who paid 2500 to kickstart the incubation process for you.

So you have 35k and you will be servicing the debt on that and getting 10k at least twice a year. So within 1 year, you should have enough capital to leverage yourself up through the steps listed above:

  1. Obtain 300k via a fully doc’ed Aged Corp
  2. 300k to 3mm phase: we obtain a 3mm loan for you
  3. Final phase: put 3 million in a private hedge fund and get 2 points of gross profit every month

Author: Terrence Brannon

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