Chapter 3: Determining Your Investing Resources
🎙️ Chapter 3: Determining Your Investing Resources
Before you buy your first or next income property, you need a clear picture of what you bring to the table. In Chapter 3 of Cash Flow for Life, Michael Sarracini guides you through auditing your personal financial baseline—including cash, home equity, credit lines, and joint venture potential—so you know exactly what borrowing power you possess.
What You'll Learn in This Episode
Auditing Your Balance Sheet: How to accurately calculate your total net worth, liquid cash, and available line of credit.
Unlocking Dead Equity: How to convert…
The skinny
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