My Husband Wants To Buy an AirBnB w/ a HELOC!

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 29 March 2023

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel, Kristina Ellis, & Jade Warshaw. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is the Ramsey Call of the Day, part of the Ramsey Network.
0:11.0	Sandy is with us in Nashville.
0:12.6	Hi, Sandy, welcome to the Ramsey Show.
0:15.0	Hi, Dave.
0:15.6	Thanks for taking my call.
0:17.1	Sure.
0:18.0	I've been agonizing over something for a few weeks, walking around my house saying, what would Dave say?
0:22.9	What would Dave say?
0:24.1	So today I decided to call and see what you would say about this.
0:29.0	My husband wants to buy an Airbnb in Florida as an investment.
0:34.6	We have no emergency fund.
0:37.2	We have excellent credit. All we do have is the equity in
0:41.3	our house, which we do have a mortgage on. I'm terrified about this idea. It would require
0:48.9	a home equity line of credit and possibly another investment mortgage loan on top of that.
0:55.0	You already know what Dave would say? line of credit and possibly another investment mortgage loan on top of that. So what...
0:55.9	You already know what Dave would say.
0:59.1	Yes, I do.
1:00.3	I believe.
1:01.7	And do you want to know what Jade would say?
1:05.1	Yes.
1:06.0	Yes.
1:06.9	Yes.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.