Frequently Asked Questions About Wealth and Credit
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1.What business can I start that will give me
the fastest cash flow and income?
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2.How much would it cost me to get started as
a Financial Consultant?
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3.How can I get a personal loan when I have a
poor credit rating or no credit rating?
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4.A lender offered me a loan. The interest
rate seems higher than I expected. What should I do?
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5.I want to invest in income real estate.
Where can I find the down-payment money for 100% financing of real estate?
Answers to Questions On IWS
1. What does IWS do?
Publishing.
IWS publishes
newsletters, books, and courses
on the financing, start-up, and successful operation of small businesses and real estate projects of all types. Our publishing
emphasis is on
obtaining money
for income real estate and new small businesses
. Key topics include loans, bad credit loans, commercial and residential real estate financing, home-based business, exporting,
grants and fundraising, and mail order business. IWS publications offer true, easy-to-understand
how-to
steps
for getting loans and building your own business, as well as extensive listings of funding sources for business and real estate.
Specialty financing products.
IWS is proud to publish several one-of-a-kind directories and
business success kits on
specialty financing
.
These new books and kits include:
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Sources of Building and Construction
Loans for Commercial and Residential Properties
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How to
Build Riches in Real Estate with Single-Family Homes Using Other People's Money
(Product
K-31)
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Sources of Canadian Financing for Business and Real Estate
(Product IWS-89)
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Financing for Religious Organizations and Places of Worship
(Product IWS-52)
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Multi-Family Home and Multi-Unit Real Estate Riches Kit
(Product K-32)
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Mideast and North African Banks and Financial Institutions
(Product IWS-10)
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Entertainment Financing: Entertainment Lenders/Entertainment Venture Capital
(Product IWS-90)
Consultation.
IWS offers personal, direct
telephone consultation
at no charge to buyers of itsnewsletters, books,
and kits. Please direct all inquiries to our main telephone number, 516-766-5850.
In business continuously for more than 37 years, IWS has a proven track record of providing
quality products and services and courteous, reliable service. IWS is a long-time member of several business
and professional associations, including the Specialty Information Publishers' Association (SIPA)
(Washington, DC), the United States
Chamber of Commerce (US COC), and the National Association for Real Estate Finance (NAREF). Please see About IWS and Products
for more information.
2. What is a "Kit"--and
what books and services does IWS offer?
IWS kits are
self-study courses,
called "kits" because they are simple to use and easy to apply in actual business situations. Each kit contains a self-study
reading guide and six--or more--books and booklets on the topic of the course.
Each Kit is designed to give the user basic know-how of the field covered and
enough information to get started in the field. IWS has some
30 Kits
covering financial brokerage, import-export, mail order, real estate, venture capital, franchising, loans by phone, loans by
mail, leasing, raising money through public stock offerings, and related topics.
A number of our customers have reported success as a result of using one or
more of these courses. For a detailed listing of the contents of each course, go to Products
or click the appropriate button at the top of this page for the topic of your choice.
3. How useful are IWS
kits in areas outside of the United States?
The contents of all IWS Kits are
international in focus
. The subject matter and the methods they describe are not limited to any particular place. Thus, a resident of Canada, Europe,
Asia, Africa, Australia, or another country can apply for loans, own real estate, obtain grants, or help others engage in these
activities. The user of the Kit typically conducts most transactions by mail, telephone, fax, or e-mail. If there is adequate
collateral (in the form of acceptable assets of some kind) and all documents have been prepared properly, there is no reason why
the transaction the Kit user seeks to complete should not go through.
In addition, IWS offers a number of business directories which focus on
financing sources in specific countries or regions, such as Sources of Canadian Financing for
Business and Real Estate and Mideast and North African Banks and Financial Institutions.
If you have any questions regarding any IWS products, you can reach Tyler Hicks at 516-766-5850 from 8 am to 10 PM Eastern time,
or click here to e-mail IWS. We'll be happy to help you with
any questions you may have.
4. Where can I buy IWS products?
You have several options:
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Order online.
Go to our Products pages and pay by credit card.
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Order
by mail
. Just send us your check or money
order with your request to IWS, PO Box 186, Merrick NY 11566-0186.
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Order by phone.
Call IWS at 516-766-5850 day or night to order by credit card.
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Order through your local bookstore.
If the bookstore doesn't have a product in stock, simply ask to place a Special
Order. The bookstore will find us in
Books In Print: Titles
and Books In Print: Authors (under the name
Tyler G. Hicks
). These two books are available in any large bookstore. As soon as we receive the bookstore's order, we'll ship your products
directly to you.
5. What makes IWS books
or kits different from other wealth-building systems I've seen on TV, the Web, etc?
You'll find several important reasons to
choose IWS. These include:
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Choice. Select from our constantly growing list of publications,
which includes our monthly newsletters, more than 90 books and booklets and some 30 self-study courses on all aspects of
moneymaking.
Most wealth-building systems offer only one method or area of study.
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Reliability.In IWS, you have a friend with more than 30 years of
publishing experience in the fields of small business, home-based business, and financing. IWS is a proud member of several
large
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professional organizations in its field.
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Ease of use. IWS products are designed to help readers achieve
their personal business goals in as short a time as possible while adhering to ethical and professional business standards.
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Free help. As an IWS customer, free help is just a phone call
away!
6. Does Ty Hicks use the
money-making methods he recommends?
Mr. Hicks has made fortunes in publishing, mail order, import-export and real
estate. He is a
director
of a large lending organization in New York. Mr. Hicks is the
author of more than 100 published books
. Several of Mr. Hicks' books are best-sellers, in fields ranging from real estate to
engineering and
small business. A graduate and licensed
Professional Engineer, Mr. Hicks has rewarding careers in publishing, writing, engineering, consulting and lecturing. He has
conducted numerous seminars on real estate investing and finance.
Mr. Hicks is a member of several prestigious professional organizations in the
fields in which he works. These organizations include the American
Society of Mechanical Engineers, the Steamship Historical Society
of America, the U.S. Naval Institute. Mr. Hicks' biography
appears in
7. Can I set up a
personal one-on-one meeting or telephone conference with Ty Hicks?
Yes, you can, if you are a subscriber to either International Wealth Success Newsletter or The Money
Watch Bulletin. To set up a meeting, call Ty at 516-766-5850 a few days in advance. You can meet with him in his New York
City office or in another city when he's on a business trip in your area.
8. Can I advertise my business or project in the IWS
Newsletter?
9. I've heard that I can become a sales representative for
IWS. How?
IWS has an
Executive Representative Program
that lets you sell almost 200 IWS products--books, kits, newsletters--and
earn a commission
on each sale. With the program, called "Executive Rep" for short, you earn a 40% commission on your first $2,000 in sales and 50%
thereafter. You do not have to buy or store any inventory; you do not have to ship any products; you do not have to bill any of
your customers. All this is done for you by IWS at no cost to you.
If you wish to become an Executive Rep, we suggest that you subscribe to the IWS
Newsletter for 5 years ($120)
*
. On receiving your IWS 5-year subscription and signing your rep aggreement, you'll be an IWS Publisher's Executive
Representative. You can start selling our products right away. You'll earn your 40 percent commission on each sale over $25.00.
(A 33 percent commission applies to individual sales less than $25.00.)
And as an IWS Rep,
you can
buy any IWS product for yourself with an automatic discount of 33 percent or 40 percent
, depending on the size of your order . Of course, the 40 percent discount/commission goes up to 50 percent once you've made $2,000
in sales with us. Reps may sell
any of nearly 200 IWS products, with one exception:
the IWS Executive Rep Program is available exclusively from IWS and may not be
sold by others.
We'll supply you with your
sales kit, sample ads, and suggestions
on how to conduct your business most profitably. You can
sell by mail, by space ads, on the Web, and by any other method you choose
. The money comes to you first; you deduct your commission and send the remainder to IWS.
The ordered items are
shipped to your customer at no cost to you by Special Standard mail . If you need faster service, IWS offers Priority Air Mail
and expedited shipping by UPS and FedEx
. These services require that the customer pay a shipping fee. Call IWS or see Shipping
for more information.
* Even if you
don't
wish to subscribe to the IWS Newsletter, you can still sell our products. In this case, we suggest you prepare a comprehensive
business plan
for yourself, showing how you plan to sell the IWS Books, kits, newsletters and reports. You can send your Executive Rep
Business Plan to IWS for
free evaluation
. Since selling our products involves a serious business commitment, we believe that preparing a detailed business plan for
yourself will guide your future business activities and strategies and help you enjoy greater success.
10. How and when can I reach IWS by telephone?
Our
business hours
are 8 a.m. to 10 p.m. New York (Eastern) time Monday through Friday and 8 a.m. to 4 p.m. Saturday. If you'd like to discuss a
business matter with Ty Hicks you can do so--as a subscriber to the IWS Newsletter, free of charge--by calling 516-766-5850. Or
you can write Ty Hicks by mail to IWS, Inc., PO Box 186, Merrick NY 11566-0186. You can fax us at 516-766-5919. When sending a
fax, please allow 24 hours so we can review your fax prior to your call.
Answers to Questions on Wealth and Credit
1. What business can I start that will give me the fastest
cash flow and income?
The fastest cash-flow generating business is--in our opinion and experience--Financial
Consulting. In this business you help companies and individuals raise money for business, real estate, or personal use. You
receive a fee for each loan obtained
after
the borrower receives his or her loan funds. For small loans your fee can range from a few hundred dollars to around $1,000. On
large loans your fee might be in the $100,000+ range. See the IWS Financial
Broker/Finder/Business Broker/Business Consultant Kit for help getting started in this rewarding business.
2. How much will it cost me to get started as a Financial
Consultant?
Many people can get started for as little as $300. You need a basic education
in working as a Financial Consultant/Finder/Business Consultant. Once you understand the business you can run classified ads in
the
"Money Available" section of
a large-city
Sunday
newspaper. Local businesses and individuals will ring your phone off the hook.
Of course, you'll get started faster, and easier, if you've had previous business experience with loans and business financing
methods. The
Financial
Broker/Finder/Business Broker/Business Consultant Kit explains the requirements for getting off to a successful start.
3. How can I get a personal loan when I have a poor credit
rating or no credit rating at all?
You must find a way to improve your
credit rating
or, if you don't already have one, establish a credit rating. To improve a poor rating--such as a history of bankruptcy, "slow
pays" on your credit report, judgments against you for not paying bills, etc.--you must make your credit better. This is
sometimes called "credit enhancement"--making your credit better. The best--and fastest--way to improve your credit for a
personal loan is to get one or more
cosigners
or comakers
with good credit who will sign with you on your loan application. You can use the same approach when you have not yet
established your own credit rating. Using this approach, you will often be able to get the personal loan you need.
4. A lender offered me a loan. The interest rate seems
higher than I expected. What should I do?
Unless the rate is completely out of whack with what other lenders are
charging, it is often best to accept the loan offer. It's more important to get the loan money you need than to get a lower
interest rate. Why? Because you can always renegotiate the interest rate at a later date. Further, if you use the money for
business purposes, including investment real estate, the interest you pay is usually tax-deductible on your business tax return.
So the slight saving you might make with a lower interest rate really isn't as important as getting the loan money.
5. I want to invest in income real estate. Where can I find the down-payment money for 100%
financing of real estate?
There are a number of ways to find down-payment money for real estate.
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Thus, if you have five credit cards each with a $10,000
line of credit--a fairly common situation today--your total line of credit will be 5 x $10,000 = $50,000. Such a line of credit
can get you into a nice building with a good cash flow. While it's true that you'll be burdened with paying off this credit-card
debt, once you're free of it you'll have an excellent income from the building. Further, paying the bills on time will most
likely cause your credit rating to increase. And that gives you more borrowing power to make additional investments in the
future.
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Additional ways to get down-payment money include:
- using a home equity loan on a property you already own,
- a property improvement loan on a property you own,
- an "anything" personal loan where you do not have to specify the use for the money you're borrowing,
- a second mortgage on another property you own,
- or contacting the Down Payment Assistance Program operated in your state and by the Federal H.O.M.E. program.
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