He finally sold his 77 Cadillac Sedan Deville and bought a Suzuki Verona in 2007 that he still drives today.

I sold my home on the West coast three years ago because I wanted to retire and move to an area with a lower cost of living.

I recently sold a home and have an extra 20k in the bank should I pay the credit cards off, or use the 20 k to invest into properties?

I recently sold a home and have an extra 20k in the bank should I pay the credit cards off, or use the 20 k to invest into properties?

The interest rates went up and I really don't want to sell for 35k I'll break even on my credit cards and still have to pay taxes on it being sold plus closing cost and etc.

I showed @David Krulacvia PM  a property that underwent what I will nickname "the trifecta" - it had been sold by the TCB, then the mortgage foreclosed (on the buyer at TCB), then the school district had the property sold at sheriff sale to cover unpaid school taxes (the lender's lien was no longer in effect because of the mortgage foreclosure sheriff sale, and lender did not cover the school taxes to prevent that sale).

I copied this from a search on real estate ROE:Return on Equity (ROE) ratio calculates the amount of return generated in a particular year on the total amount of equity invested (or trapped) in a property.The amount invested (or denominator) is calculated as the initial investment (down payment) plus the entire increase in net property’s appreciation and the entire decrease in outstanding loan balance incurred prior to the year the ratio is being calculated.Cash-on-Cash Return is a similar calculation, but since the two draw backs of the traditional Cash-on-Cash Return are that property appreciation and principal debt payments are not factored into the formula, Return on Equity adds these two components to the traditional Cash-on-Cash Return calculation.A property’s net equity increase is calculated by determining what the “Net Sale Proceeds after Taxes” would be at the beginning of a year, and then again at the end of the year.

I would tell the owner to call the police and file a report and get back to me with a copy of the report 

Wholesaler A got more since he didn’t have to share his portion with me, I got some, seller sold property, and buyer got a great deal. 

You need to get a copy of the SD the previous owner signed and acknowledged.