
669 - If You’re Well-Prepared, You Can Lower Your Loan Length by Matt DeBoth
BiggerPockets Daily
00:00
The Exit Plan to Pand
When i started this process, i had a large line of credit and plenty of passive income to fall back on. Now that i have been doing this for a few years and built up substantial equity, i no longer need that line of credit as my primary back up plan. I'm not living off the profit, and thanks to my property manager, i'm not getting calls about it. Once a month, i get a report on my portfolio and adjust my investing plan if needed. My emergency plan. Another great emergency plan, if needed, is selling because the loan is being crushed down at a remarkable rate. And i can afford to sell at a discount. All thanks to my short term
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