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Updated over 5 years ago,

Michael Phillips's profile image
Michael Phillips's profile image
Michael Phillips
  • Specialist
  • from Independence, MO
  • Member since Jun 15, 2019
Connect

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4
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2
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Michael Phillips's profile image
Michael Phillips's profile image
Michael Phillips
  • Specialist
  • from Independence, MO
  • Member since Jun 15, 2019
Connect
Michael Phillips
  • Specialist
  • Independence, MO
2
Votes |
4
Posts
Starting Out

Are my fears rational?

Michael Phillips
  • Specialist
  • Independence, MO
Posted

I’m trying to make a decision on how to get started in buying the first investment deal. I have a $130k paid in full personal home and I’m nervous about putting my home at risk by leveraging it if I have a deal go wrong. Are my fears rational? Would it be better to save a down payment and leave my home out of all my future deals?

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