How to Get Out of Debt Fast With Tenants

When buying a property, in my market, I need to be in it at no more than 70% including purchase, rehab and closing costs. Fix it up, re-finance it at 75% to 85% loan to value, and pull out the cash, which by the way is Tax Free cash, as you don’t pay tax on borrowed money. Then you can rent the property out at a positive cash flow and have Tax Free cash in Read More

8 Steps To Getting Out Of Debt!

The recession is over and spending is going up. Interest rates may even begin to rise soon. According to a recent study Americans are carrying $683 billion in revolving credit card debt. That is not how much we charge but the outstanding balance that we pay interest on each month.