Elealeh Fulmaran

My name is Luis J. Montero, Marine Corps veteran and founder of Summit Legacy Holdings, a California-based holding company focused on building long-term wealth through BRRRR real estate investing, land acquisition, and sustainable development. I started my credit and financial journey with very limited resources, using small tools like the Self App, disciplined credit building, and consistent vendor accounts to position myself for real estate investing.

Hi I just recently bought my first home last year in July of 2024, I would like to get in the real estate business. I just don’t know when is the right time to take money out of the house to purchase my next property. I do have credit card debt from the renovation of my home that I purchased would that effect taking money out of my home? Thank you guys

Greetings, everyone! I wanted to take a moment to introduce myself. I'm relatively new to the world of home investing, though I’ve dabbled in buy-and-hold rentals in the past as more of a hobby. Recently, an exciting opportunity has come my way, and I’m now looking to dive in more seriously to set myself up for retirement. I’ve been spending a lot of time scrolling through the BP website and learning as much as I can from all of you who have been at this for a while.