Share:
Got debt? Has anyone ever told you that understanding how to create and maximize your debt profile is crucial to becoming a successful investor?
Here’s what you need to know:
In this video, we dive into the importance of understanding debt before your 20s. Understanding how to create and maximize your debt profile is crucial to becoming a successful investor.
If you’re new to investing in commercial or real estate, it’s important to assess your debt profile and ensure diversity in your credit cards, bank loans, car loans, educational loans, and other varieties of loans.
Having a robust history of debt can help you get better interest rates and deals, while a lack of history can put you in a higher risk category.
So, take a step back and understand your debt profile to maximize your potential lending profile and become a successful investor.