All Forum Posts by: Eric Bueno

Chris T. Hey chris! Thanks for the response. It truly means a lot. At 25, when I tell people I'd like to sell my car for an old civic to buy a house I always get an earful from just about anyone and everyone I know. Lot of people tell me to just wait when I'm older and how could I sell such a nice car for an old Car but it just doesn't make sense to me when I can start the process to reach my goals. It's incredible how badly my car depreciated watching over 10k just disappear and pay for rent so that someone else can use it to pay their mortgage, I just can't do it anymore. But I get such negative comments from my own friends and family that I thought I'd ask in a place that might see what I see, and not treat a car like it's an end all be all. I'd like to start small and buy more property as I go.

How's it going everyone! I'm in need of some decent advice so hopefully this is in the right section. Lately I've been thinking of selling my car, I have a 370z and although I do like my car it's becoming more and more impractical as my only vehicle. I can get about 20k and instead of selling it for another new car that will eventually depreciate I was thinking of saving that money and buying a little car for 5k. I would then save as much on the side as I could and combine it with what I have from the car to use as a downpayment. Would it be wise? Or should I just get a car for what I sell mine for. My background. I live in LA, 25, and moved back home with my parents to save some money. I hated feeling like I was paying someone's mortgage every month. I have an ok job, make about 22$ an hour and I'm fortunate enough to not have to pay any rent anymore while I'm back with my parents. I'm looking into house hacking but don't have much for a downpayment which is where the idea of using my car came in. I've always taken a huge interest in real estate but never really made a move. Any advice is greatly appreciated! Thank you!

So through fortune builders I was set up with Nevada corporate headquarters. I had a phone meeting with a gentlemen that is setting me up with a business plan and with a credit line for my LLC that will put my business credit at 75-80 in less than a month. BUT! at a cost if 2k for the credit. I know it takes time to build credit, this doesn't seem right? anyone have any input on this before i spend 2k?

They also offered a business plan. A grand total of 3,194 for the plan and the credit... is it worth it?