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Updated over 7 years ago on . Most recent reply

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38
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Devonte Blackmon
  • Merrillville, IN
9
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38
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What to do before investing?

Devonte Blackmon
  • Merrillville, IN
Posted
Any suggestions on what to do financially before you actually start the process of rei. I am a homeowner 2 car notes few credit cards and Some money in the bank. What are some tips on preparing you finances for that first deal?

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Matt K.
  • Walnut Creek, CA
2,919
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3,969
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Matt K.
  • Walnut Creek, CA
Replied

Get enough money in the bank that you could afford your investments even in the worst of times. Too many people rush into either paying off debt or making investments but don't have the reserves to save them IF something unexpected came up.

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