| Title | : | The Easiest Way To Buy Cars In Your Business Name! (Multiple At ONE TIME!) |
| Lasting | : | 15.58 |
| Date of publication | : | |
| Views | : | 132 rb |
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Brother, you were dropping gems! You got straight to the point and not a minute wasted Many content creators on YouTube could learn from you! Much appreciated! Liked and subscribed! God Bless! 🙏🙏🙏 Comment from : @rojin2554 |
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Ask not Axe Comment from : @mikelCold |
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Does your general liability insurance cover the vehicle? Comment from : @Gianndee |
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Thanks! Comment from : @Doolittlesmobilekitchen |
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Gold Comment from : @Doolittlesmobilekitchen |
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BAC requires 2 years in business minimum Comment from : @jasonbobby6351 |
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Worthless info Comment from : @dontayrucker2832 |
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its updated now says your business needs to be 2 years old so can you even get approved if you're only 3-6 months up and running? Comment from : @YungOdellz |
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Can i use this with an LLC? Comment from : @valenciacranshaw7463 |
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When you included your “business partner” that PG on your behalf did you still have to apply with your information as the business owner? Or did you work the partner in as an owner into the llc structure ? Comment from : @dmoney1231able |
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What about a nonprofit organization? How can I get a car from the nonprofit corporation being I just started a month ago brIt’s labeled a nonprofit organization corporation with the state of New Jersey Comment from : @stephaniewilliams8246 |
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how do you have the energy and time to set all this up from this video on your business before making 1 dollar to begin with? Comment from : @AlextsarDiary |
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So since the rental car business is a high risk industry and can get red flag how would you go about that if that 's your business when doing the application? Comment from : @whatpoppinnow |
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Thank you for your honesty! Comment from : @Getgrantsdaily |
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Thank you Comment from : @bgmommap |
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Amazing! Thank you for the info! Comment from : @jdmurcielago |
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Is this still working Dec 2024? Comment from : @kjp0808 |
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Which naics code would you recommend?? Comment from : @lciriarte6735 |
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This is such an awesome video 🔥🔥🔥brbrBut I do have a question?brI’m in Canada , is this also applicable? Comment from : @anthonyobisesan1596 |
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Bank of America says it has to be 2 years old in order for them to finance you 🤔how do you get around this Comment from : @BigHomieJohn |
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Just did some research into the BOA loan on their website and it says you have to be in business according to your documents for at least 2 years Is there a work around for this or does this no longer work anymore? Comment from : @trumainemichaels |
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May God continue to protect you brother 🙏🏽 Comment from : @AshleyThompson-s9d |
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Mannnnnn protect this man at all cost Comment from : @OgLouisP |
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Thank you Comment from : @melindaharris1365 |
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Thanks for the video Comment from : @ArielInspires |
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What’s are PGs? Comment from : @kandicet4545 |
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May be a stupid question but what is PG? Comment from : @DesmondMorgan-n4g |
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Thanks for the straight forward info Comment from : @Bevy2655 |
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New here, question: does it matter if your LLC is formed in an Anonymity state such as Wyoming, Delaware, and Nevada? Comment from : @neefbucc6067 |
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If car rental is a red flag, what other activity should we used? Comment from : @dianaht1196 |
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Things missed:brbr1 Business Needs Established Creditbr2 Business Needs Revenuebr3 Business Needs have revenue for 1-3 yearsbr4 Business Needs to have filed to show revenue and reportingbr5 SBSS score is a huge factor Comment from : @DorianWilliams-p8v |
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hey can I buy my car with my own money in my buisness name? Comment from : @lordofthegym |
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3:52 Comment from : @Medviz |
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Hey Ralf Thanks for all the great information I just have one question for you I have a single member LLC If I wanted to use my girlfriend 's social security for the PG of the business, do I need to add her as an employee on the state docs or just enter her name and social on the application? Comment from : @Supremefittv |
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10:00 to finally get to the point Comment from : @augurcybernaut4785 |
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Great great great video!!!! Thank you sooo much!!!! I will do this!!!! ❤️❤️❤️❤️❤️ Comment from : @TB-fk4qm |
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It's the 1-800 number for me I keep hearing about I didnt think it really matteredWhat if you have business cell phone plans?? The 1-800 number still considered more professional?🤔 I have google voice attached to my business phone plan to have two separate numbers between clients and vendors Comment from : @audaciouscraze |
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So what would you put down for the business purpose in the operating agreement? Comment from : @betsy3809 |
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Bro be dropping Gems😊 Comment from : @mauricescott1747 |
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I’ve tried this with multiple lenders and they want me to have 2 sources of income since my business isn’t 2 years old Just some background, I’m not into the car rental business Also they said they cannot tell m that it would only count as 1 pull if I submit them all on the same day My personal credit is almost at an 800 Chase was one of the lenders and BOA was another Comment from : @JasonLassus-dk9st |
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Thank you! Laid out perfectly! Comment from : @MsKNHardin |
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Man, you are truly a blessing In the name of the Lord and Saviour Christ God the Father may you forever be blessed Amen Thank you Comment from : @DROSS2391 |
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ok but what do you do about the insurance for the cars? Comment from : @juan39382 |
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thank you rasheed wallace jr, just earned a new sub!!! Comment from : @ztreddedb2949 |
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Should my car share business be filed under the 532111 industry? Or what industry is your business under Comment from : @DarronBarnes-mg4ln |
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Just went on their website it said must have been in business for Atleast 2 years,so i cant do it with new LLC anymore? Comment from : @prpane1428 |
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Yo you take consulting calls let me know Comment from : @lurktv305 |
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Do i need a business account with BOA to apply Comment from : @79showboat |
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are you still running the Turo business? Comment from : @peaceofmind6141 |
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Thank you Ralph you are a God send for sharing things to the global communities 🙏⭐️🏆🥰🥹🥹 Comment from : @hf7271 |
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Can you leverage only your partners credit or will you have to leverage both Comment from : @RichMackin-z7p |
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What’s wrong with a personal guarantee Comment from : @alfonsom2385 |
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Hey so I shouldn’t need a operating agreement if I’m the only one on llc and I’m the only one running it right Comment from : @alfonsom2385 |
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Thanks you brotha 🙏🙏🙏 🙏🙏 very much appreciated for the knowledge Comment from : @xenosmile6690 |
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Quick question if my business is considered high risk ( car rental) what do you recommend to apply under to be safe Ralph ? Comment from : @chocolatecandybar |
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Does this work in 2024? Comment from : @huncho3857 |
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It says I have to wait a week for my done in Brad street number and for my buisness to be listed Should I wait? Or apply? Comment from : @anthonymcnichols332 |
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You are so knowledgeable, this has helped me out tremendously You are a God-sent Be Blessed with Total Prosperity Comment from : @karenmoore4708 |
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So my application was denied because my business has not been established long enough Its only about a month old I still want to buy a car in my business name Does anyone know how I can get around it? Comment from : @anthonyhoward3187 |
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He talk all about the fact n experience i like that🙏 Comment from : @agustinuskusumo379 |
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Does your business bank account have to be with BOA to run this play? Comment from : @LifeBehind |
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You’re a great educator keep up the work Comment from : @TerriPlunkett |
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Great video!!!! Comment from : @tyeshamarie1997 |
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Gold Comment from : @G_G_AutoCareLLC |
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Went crazy! Comment from : @KeithBooker-u7p |
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Love this video and editing!! Keep it up thanks for the info!! Comment from : @prettiestP223 |
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Do I have to summit 4 applications the same day with the same info of my business?? Comment from : @globalkymi1412 |
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DAMMNNN This video might be one of the best videos I've ever watched on setting up a business in general Way to go! Comment from : @meaganmua |
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Straight to the Point No time wasted Everything clearly explained and nothing hidden to be sold later through some follow up course Excellent Subscribed and Followed Thanks 👍🏼 Comment from : @MrSanujbathla |
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how do you manage paying all the bills? the first month? and paying taxes on the vehicles to get plates and have thing move so quickly Comment from : @tht1guyfromtht1place70 |
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Can you use a PO box for company address? Comment from : @marathonlogistics9943 |
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Again So much valuable info! Do you do 1-on-1 consultations? brI am planning to start doing this business brWould love connect brThanks again 🙏 Comment from : @pbpbpbpb |
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thanks I just ran that boa play and it worked but now they are asking for proof of funds I thought it was a no doc loan? Comment from : @allbrothersconstruction2 |
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I wish I found your videos before buying the cars Comment from : @marlynedorilas5337 |
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what industry did you mention on the application ? Comment from : @Karthikvemal |
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I appreciate your video brother! Took notes, i'm going to follow them to the TbrbrQuick question though at 12:25 you mention avoiding high risk Industries If its for Turo, but car rentals is a red flag, what do you put? Services maybe? brbrAlso, if your LLC is more than a year old, can you still input projected income rather than actual so it looks more attractive?brbrThanks again, i've subscribed and liked your video Cant wait to watch more! Comment from : @davidgupton3927 |
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This is not entirely accurate Atleast in this current time it may have been different during the time this video dropped but I just went thru this whole process a couple days ago and got approved for $40k business auto loan with boa It turns out they will only finance 115 of the cars current trade in value For example, the car i wanted to buy was $24k but after taxes and fees the total cost was $28k Boa said that according to JD power the trade in value of the vehicle was only worth $21k and they were only willing to lend me $238k (115 of the cars trade in value) but after the dealerships price and sales tax and fees it comes out to waaaay more than 115 so i would have had to put down almost $5k out of pocket to make it happen You WILL ABSOLUTELY have to come out of pocket for a down payment I just went thru this process and found out the hard way and was super disappointed Just want to share my story so that you all the TRUTH Comment from : @vidalgarcia8337 |
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Ok so for the type of industry what shud we put exactly so we have an increased chance of getting approved for the business auto loan? Comment from : @Tyk3l55 |
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Great video, thank you Comment from : @jboombapbap |
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Let’s get it!! Comment from : @officialladyquinn |
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I just got a Tesla model Y following this step by step Thanks bro👍 Comment from : @byltraining |
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Do you need a BOA business bank account in order to apply for the auto commercial product? Or can you just apply directly without having a business account set up with BOA? Comment from : @weupful |
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So what did you put as your projected income when you were starting out Comment from : @blackcoder5449 |
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Diamonds 🎉🎉🎉🎉🎉 Comment from : @yolandajohnson370 |
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Thank you for the detailed video A guy tried to charge me thousandssssss for this information!!! Subscribed ✅ Comment from : @jessicaweaverrr |
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I’d also add when your have a good 6 months of cash flow via bank account get whatever loan you’re looking for from your bank During this 6 months make sure to build a relationship with them, go in a few times a week and sweet talk all them Comment from : @DTSupstateNY |
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What's good bro? I'm sincerely lost and need help with purchasing cars I've had my plc for 2 years My problem is I'm legally blind and reading tear my eyes up Like now! I don't want a handout but I would like a personal talk It's to understand things better Please hit me back if you still on this channel Comment from : @limitlessadventures6092 |
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What kind of APR do you get when you buy car? Comment from : @hongkongbboy |
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Love this Comment from : @smoothconsulting |
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Thank you Ralph! Lot of gems here, I was able to get all the business structure done correctly because of one of your videos Thank you for helping Comment from : @elijah48 |
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How much would you charge to set this all up? Comment from : @sc7100 |
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