![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/989636/small_1696440713-avatar-richardh182.jpg?twic=v1/output=image&v=2)
I'm interested in implementing the velocity banking startegy to pay down debt quickly. However, I don't own a home or any property for that matter. Can I set up an LLC for my business and build up my business credit...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/358998/small_1698271646-avatar-johngmckee.jpg?twic=v1/output=image&v=2)
I'm trying to retrain my brain on this kind of product compared to the traditional Principal and Interest. My thought is why wouldn't I do an all interest 10 year loan at 4.99%? Prepayment penalty is only the first ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/wordpress_blog_post/image/17697/REP_815_WEB20230914-2-o4nfsa.jpg?twic=v1/output=image/cover=625x330)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2321810/small_1716837720-avatar-ericj415.jpg?twic=v1/output=image&v=2)
It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the opti...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/493312/small_1621479158-avatar-williamg37.jpg?twic=v1/output=image&v=2)
We are 2 years into rentals and are considering renting to a spanish couple that have been here over 20 years, have fin numbers and are gainfully employed. The husband has applied for a green card. the wife has not. W...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1290221/small_1621511032-avatar-cecilep1.jpg?twic=v1/output=image&v=2)
Hi, My name is Cécile. I live in one of the most expensive cities in the world, San Francisco (sighs). However, after joining the Bigger Pockets community, I believe I can reach my dream of financial freedom through c...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/814920/small_1621498423-avatar-rk517.jpg?twic=v1/output=image&v=2)
How many people are financially free on here? For those of you who are, do you still work or are you "retired" and living off the cash flow? If you are financially free, which method did you use to acquire it? (ie buy...