All Forum Posts by: Kelly Claiborne

Only you know what’s right for you when it comes to education. If you’re passionate about whatever you’re going to school for, go for it. However, if you’re just going because of the potential income to be made, you may want to think about that some more.

I am a college dropout, I only went because I was under the influence of family. I could have finished, but it’s just not what I want.

I only listen to my own intuition now! 

Originally posted by @Serena Martinez:

@Nneoma Ozoemena I have recently graduated college, earning my bachelors degree. I am about to get a doctorate degree that will take 3 years and put me 100k+ in debt. After reading Rich Dad Poor Dad and learning more about investing I also wonder if I am making the right decision. At the end of the day, I know I am passionate about my career choice and it will provide the income I need to invest in real estate someday. My road to financial freedom may be slower due to my decision to undertake more schooling. But, I still know that my journey has started early enough to where I will reach my goal of an early retirement. I am using the time I have now to learn as much as I can! 

To answer the original post, my lack of income is what is holding me back. 

Originally posted by @Conner Matney:

I’m actually in the process of putting my first deal under contract!

Historically, I have always told myself that the money has what was holding me back. Then, after I had the money, an excuse always came up - not the right time, need to research more markets, maybe save more for a larger property, etc.

Then, a couple of weeks back I looked at the stack of RE books on my desk and realized I liked thinking about being an investor but was scared to actually act. I’ve forced myself to stop reading and start committing to action. I feel like getting this first deal under my belt will be a huge step in the right direction.

Originally posted by @Kelly Claiborne:

@Rocco Swinney You should not be stating it’s for an investment property, it’s for “personal use”! 

I imagine that one could get in trouble since its for an investment? As i did find a few places who didnt have anything restricting personal loans for investments... but most places did

Correct, one "could" get into trouble. It's a decision for you to make. A personal loan is just that, personal! Don't do anything to get in trouble. They give loans for vacation or getting cosmetic surgeries. 

Maybe try those places who aren't restricting the type of use.