My American Dream became a Nightmare! - Part 2
In Part 1 , I shared my 1st real estate nightmare and my reason for sharing my personal experiences with you (all of which happened prior to me becoming a real estate professional). Now in Part 2, I'll share 7 tips on how to avoid the situation I wound up in and what to do if you're there and don't know what to do. My 1st Real Estate Nightmare - What I Learned... 1) NEVER co-sign! I know it sounds harsh, but I need you to get the point. When co-signing for anyone or anything, know what you are really signing up for. Your credit will be on the line and you will be as financially responsible as the primary party if the financing terms are broken. 2) For the love of FAMILY... I am one of the biggest supporters of family, but I am also one of the biggest supporters of knowing your limits when it comes to family. I'm sure you have experienced or know someone who had a situation with a family member where things went left faster than electronics get sold ...