All Forum Posts by: Ramon Paredes

Thanks Aaron K. Appreciate your advise, I have 10k in credit cards, 30k in a Home Equity Line, and 10k in a Personal Loan.

@Christopher Phillips Thanks So much for your advice.

I have this situation. I am paying off all my debts with the snowball method. But I want to be back to invest in Real Estates. My debts now are $50,000 For 3 year. What you guys think, wait until pay off everything or what you suggest? Because I have many houses from 25k-50k at my area that pay $750 to $1,000 monthly in rent. I ready buy my first home where I live.

@JC Hickman l know how do feel. But stop to think about investing now. Clear the $100k That you owe because believe me. If you don't organize your debts, you never be successful investing in real estate. You have to learn first how to organize your finance. They are the Dave Ramsey baby Step.

I recommend That you begin to invest in Real Estate

After you finish baby Step 3.

Baby Step 1 – $1,000 to start an Emergency Fund

Baby Step 2 – Pay off all debt using the Debt Snowball

Baby Step 3 – 3 to 6 months of expenses in savings

Baby Step 4 – Invest 15% of household income into Roth IRAs and pre-tax retirement

Baby Step 5 – College funding for children

Baby Step 6 – Pay off home early

Baby Step 7 – Build wealth and give

@Andrew Smith Pennsylvania Now is a good Opportunity. Houses from 30k to 40k and Renting from $750 to $1,150