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Updated almost 4 years ago on . Most recent reply

User Stats

110
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80
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Daniel Fitzroy
80
Votes |
110
Posts

I paid off my truck loan yesterday!!

Daniel Fitzroy
Posted

Hi everyone, I just wanted to share a recent small victory for me. I’ve been strapped down for 3 years paying $500 a month on my 2011 Toyota Tundra and I finally have it completely paid off! It felt great sending in the last payment, such a relieve.

I plan to take most of that 500 going forward to start saving up for a down payment on a duplex for my girlfriend and I. My girlriend has been patiently waiting for me to pay this down she wanted to be in a house last year but I wanted out of bad debt first. So we plan on using an fha loan and buying a 2-4 unit home in Dutchess County NY maybe this summer! I can’t wait to begin investing in real estate and be able to set up a small garage for my hobbies ie. motocross stuff! Since all my personal garage stuff is in storage in another state since I moved here last year.

What was your guy’s first house and or what have you done lately to get move closer to your goals!?

Most Popular Reply

User Stats

655
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900
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Damaso Bautista
  • Rental Property Investor
  • Hawthorne, CA
900
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655
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Damaso Bautista
  • Rental Property Investor
  • Hawthorne, CA
Replied

@Daniel Fitzroy

That is great! Now the hard part is to use that $500 a month toward something positive.  Very easy to say very hard to do.  I speak from experience.  Discipline is the key.

Good luck!

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