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Updated about 10 years ago on . Most recent reply
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what would you do?
hello BP.
i have been hanging around here for awhile now as a looker and there is some great information here.
that said, my goal is to be a succesfull real estate investor. not a big time one one that allows me and my family financial freedom. So here is my question, i know enough about real estate to be dangerous.
From our tax refund we are getting money back. i need to use that money to pay bills that are in the rears. i also know that if i dont do something now next year will be the same as 2014. i cant live with that.
What would you do?
1. take the money and invest it in a quick turnover using real estate?
2. do as the wife wants and pay bills.
I dont know when ill get achance to have this kind of money in my hands that i dont have to pay back.
My credit is important to me, and is in bad shape i am working on fixing so borrowing is out.
i have sold everything that has value (except the dogs).
my plan would be to quickly find a wholsale deal that i can turnover within 7 days.
i am looking now and its tough finding the right deal.
thanks for any and all suggestions.
Most Popular Reply
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I'm with your wife on this one.