Do Not Fear Credit
- You may need to overcome the mental boundary of taking on credit, for fear of foreclosures.
- Borrow what you can repay and maintain a good relationship with your lenders.
- Work on a way to maximize the cash flow from your property.
- Have a backup plan that can service the loan, like savings or an alternative source of income.
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The Psychology Behind Real Estate Investing Risks: Do you have what it takes?
thinksaveretire.com
7 ideas
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"Making money is art and working is art and good business is the best art." ~ Andy Warhol
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- The Unpredictability of The Market: There is never a guarantee that you will make a profit when you make a sale.
- Credit Risk: When investing using leverage, the bank owns the property until you have paid the loan in full. If you are unable to pay ...
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