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6 December 2024 | 9 replies
Risking your house on these kind of moves can become a literal house of cards as you scale.
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13 December 2024 | 35 replies
So I used 0% interest for a year credit cards to pay for cap ex things that popped up or a rehab etc.
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6 December 2024 | 4 replies
I called Home Depot, they told me to dispute the credit card charges so I did.
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3 December 2024 | 9 replies
sometimes to reduce borrowing costs, I'll use a hard money loan solely for the purchase, and then pay for the rehab in cash or use a 0% credit card (I don't recommend that for new investors!)
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17 December 2024 | 86 replies
I know many folks that started a business with just a business card, telephone, a vehicle and ambition.
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2 December 2024 | 4 replies
Depeding on the amount get a credit card that has no interest for 12-18 months.
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2 December 2024 | 5 replies
If i can invest it and make a significant better return after tax than paying it down I would do that but in this instance you will never be able to achieve returns that match credit card debt.
2 December 2024 | 1 reply
Next year i'll hit top pay and should start bringing in 1.2-1.3k a week. and the year after that i plan to move to linehaul and make about 2k a week.I do have a lot of debt, or at least it feels like it to me. the breakdown being;23k in college debt i got getting a bachelors that i never used across 5 loans ranging from 3 to 5% interest rate5k in bank loan debt i got getting my trucker cdl a at 12% interest rate.2.5k in credit card debt from not having an emergency fund and then having emergencies.
2 December 2024 | 17 replies
Agree a conversation is in the cards but if anything it would be more than fair to agree to keep the rent flat vs any type of reduction (at least that's my logic).
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12 January 2025 | 185 replies
That's a house of cards ready to fall down fast.