Alternative Funding Options and Three Sponsors

This chapter explores different methods for funding a business, including getting a job, using a home equity line of credit, and finding a business partner. It also mentions three ads/sponsors: Vakasa, IRA Club, and TurboTax.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

Want to learn how to buy a house in 2024? Whether you have outstanding credit or your score could use a little work, there are different ways to buy. In this episode, we’ll lay out your best options and provide actionable steps you can take to boost your credit score in the meantime!

Welcome back to the BiggerPockets Money podcast! Today, Mindy and Kyle are fielding some of your biggest money questions. Beyond buying a home, you’ll learn how to use your home equity to fund your new business idea. Have you run into some “extra” cash recently? We share investing strategies that will allow you to “hack” tax brackets and position yourself to retire early.

This year, it’s crucial that you get on the same page with your partner, financially. Mindy and Kyle talk about the tough but essential “meetings” you should be having about your budget. Finally, is there ever a time when it makes sense to buy a depreciating asset like a brand-new car? Our hosts’ answer might surprise you!

If you want Mindy and Kyle to answer a money question, you can submit a question here or post it in the Money Facebook Group!

In This Episode We Cover

How to buy a house in 2024 with less-than-perfect credit

What you MUST know before entering a home equity agreement

The BEST ways to fund your new business idea

How to buy a brand-new car and stay on track for FIRE

How to invest “extra” money and “hack” your tax bracket to owe less

The finance “meetings” you NEED to have with your partner

And So Much More!

Links from the Show

BiggerPockets Money Facebook Group

Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums