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re: Need help with a lump sum
Posted on 7/13/18 at 5:58 pm to bodsworth
Posted on 7/13/18 at 5:58 pm to bodsworth
quote:
710k in debt and some folks are suggesting he buy more property? Crazy! Pay down debt with the lump sum asap.
Without knowing how much this guy makes and other financial factors you have no idea if that's crazy or not.
2
Posted on 7/13/18 at 6:38 pm to Mingo Was His NameO
quote:
Without knowing how much this guy makes and other financial factors you have no idea if that's crazy or not.
You aren't wrong, but given that OP has investments of this sort already I have to assume he has the basics sorted out.
Posted on 7/13/18 at 8:19 pm to Mingo Was His NameO
quote:
Without knowing how much this guy makes and other financial factors you have no idea if that's crazy or not.
Yeah based on the information OP has provided he is in a very good place financially and probably can dump some more money into RE.
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