I Took Out a HELOC To Flip a House and Now I Can’t Sell It

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 7 July 2023

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, George Kamel & Jade Warshaw. Helpful Resources: Need Help with your investments? Click here to connect with a SmartVestor Pro. To learn more about how to plan for Retirement click here To learn more about Investing click here Create a college savings plan for your child’s future. Click here to connect with a SmartVestor Pro. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	This episode is sponsored by Smart Vester.
0:07.2	Connect with an investing pro for free at Ramsey Solutions dot com slash invest.
0:15.2	You're listening to Ramsey everyday millionaires where we talk investing, retirement, building
0:19.7	wealth and outrageous generosity.
0:23.0	Nate is an Austin Texas high Nate.
0:25.0	Welcome to the Ramsey show.
0:26.3	Appreciate it.
0:27.3	Sure.
0:28.3	What's up?
0:29.3	So I'm trying to find out about 12 years of trying to convince my wife to let me buy a
0:34.6	a floor house.
0:35.6	Finally, convinced her after saving up about $50,000 to do so.
0:40.0	And she didn't want to do it, but she made me promise I wouldn't try to rent it out
0:44.1	that we would sell at the end of it after three months construction duration that was
0:48.7	supposed to be.
0:49.7	That's what this was back in November of 21.
0:52.4	I bought it and we're now a year and a half later.
0:55.7	That three months has turned into a year and a half.
0:58.5	And the family has to have three contractors got the house finished and put on the market
1:05.1	in April and it's been on the market for a little over 60 days now with showing or two
1:11.1	every other week or every week.
1:13.4	And new offers and anything like that.
	...

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