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Updated almost 7 years ago on . Most recent reply

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16
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Eddie Bridgett Jr
  • Oakland, CA
4
Votes |
16
Posts

Pre-qualified for a property, will cash flow

Eddie Bridgett Jr
  • Oakland, CA
Posted

Able to get the home, which will have $200 after PITI. However, if I do this, all of my reserves will be depleted, meaning no funds for "what if costs". Do I step out for the experience and to get started, get a line of credit to cover emergencies, wait for "something better", etc?

Most Popular Reply

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512
Posts
373
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AJ Singh
  • Rental Property Investor
  • Orange County, CA
373
Votes |
512
Posts
AJ Singh
  • Rental Property Investor
  • Orange County, CA
Replied
@Eddie Bridgett Jr Not a good strategy. Wait to accumulate more savings. Properties are not running anywhere Be patient and your rentals will be a blessing

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