Ken Van Vorhis

Everyone thinks that what I'm doing going homeless is crazy and impulsive and not thought out.

But the reality is I've calculated everything.

I've spent years learning about the credit report and how lenders look at debts.

all the different qualifications.

I can tell my friends, like my friends, like, Hey, here's my income.

Here's my score.

Here's my credit report.

Am I going to get approved for this auto loan?

I can tell them yes or no.

Wow.

Just because I've applied for enough loans.

I know how the underwriting works.

And so using that knowledge, I'm able to basically plan out my credit recovery for the next like three years in advance.

And by the end of this year, I should be able to roll that negative equity in the BMW into a Lamborghini Urus that I'm going to rent out and I'm going to be able to cash flow $10,000 to $15,000 a month off of it.

So with car loans, auto loans are almost like their own credit.

Like if you haven't had auto loans of that size before, it doesn't really matter what your income is.

You need to show that you can build up to it.

But it's all going to come down to debt to income.

The reason I have four auto loans on my credit report right now is because of the fact that my income is so high that banks can see that I have room in my debt to income to fit another auto loan.

I could apply for a fifth auto loan for $40,000 right now and get approved.