All Forum Posts by: Rebecca Beck

Wow Jennifer!   Yes, thank you this feedback really does help.   

Trying to absorb financially sound decision-making skills while balancing risk and potential ruin is tough.  I didn't even know taking a line of credit was possible before you spoke about it. I'll dig in deeper today. 

P.S.  I really appreciate you taking the time to answer my beginner's question. 

Hello Everyone, 

I was wondering if it was foolish to refinance my personal home to purchase a rental property?  

I'm seeing that it is a trend but I imagine the risk and/or inevitable lawsuit would make me lose everything.  Just seems like there a lot of economical issues and warnings against taking a loan against my home. 

Want to pick some brains and make sure I am not making stupid long-term financial mistakes. Thanks all for your feedback!