Managing debt for optimal investing
Newbie investor. We are looking at all aspects of investing in buy/hold. Living by a budget. Saving money for a deal. Getting our credit scores in good shape. But what do seasoned investors do with none real estate debt? We are taught to get a mortgage you must have good credit. To have good credit you must have and manage debt properly. You need the right combination of revolving debt, personal loans, vehicle loans... and in the right amounts and obviously with good payment history. So how do seasoned investors manage debt so you maintain good credit and borrowing power?