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Ask Paula: How to Handle a HUGE Bonus, Commission or Windfall
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Is He Locking a Good Option for Real Estate Investors?
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A lot of real estate investors use he locks as a supplemental cash reserve or an emergency fund. Paul: I would much rather take part of your long term portfolio and lock in a guaranteed nearly 10% on that money than doing it with emergency money. "I don't want to encourage a mentality in which people begin to think, I don't need cash reserves because I can use a he lock instead"
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highlights
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