Catherine Bell shows how tenants can cut lease costs by taking an upfront loan instead of paying month-to-month. A tenant needing $21,000 upfront pays $3,500 monthly on an $86,000 loan versus $3,900 paying directly to the landlord, saving money even at the highest interest rate.
You're going to have people like, oh, I don't want to do that. How do I, how do I do it the cheap way? They think it's the cheap way. Okay, fine. Give me the $21,000. I'm happy. Upfront financing options for tenants. All that right there helps them understand how they can finance it and where to go to get that done. Keep rolling through. Gives them a good case study example, showing the loan interest and then what their estimated monthly payment would be for that. Because again, like they see that getting a loan and that monthly payment for the loan is less than what it would cost them to be there and pay me direct. It just makes sense. Right? Like if you go to the bank and get a loan and it's $3,500 or you stay there and do it month to month with me, it's $3,900. Which one makes sense? Right? So as we roll through this, people can see all this stuff, how to finance it and stuff like that. So they're getting an $86,000 loan though. And it at the highest percentage, even at the highest percentage, it's still cheaper to get the loan. Great.
