He followed a simple formula: save money, buy in an area you know, like, and trust, then rinse and repeat while learning along the way.

It is a good tax savings strategy especially if you are a firm believer in money now is worth more than money later.

Hi everyone,I’m a rookie real estate investor who came across bigger pockets after reading through the investing with little to no money down book. 

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

So if I liquidate money from my business credit cards and open a forex brokerage account and pay for a trading bot, is the money i use to pay back the credit cards and trading bot taxable?

The choice to invest now depends on your money and how much risk you can take.

Based on my poor customer experience I’m not confident you will get any money back after the 5 day cancellation period.

Here is what is being considered:SCENARIO 1):1) Parents loan us money at X% rate.2) Loan terms would allow for early payment without penalty (we would get a conventional loan in 2-5 years to pay parents back). 

Debt allows you to increase the velocity of your money. 

So saving money and improving your credit will help now and down the road.