Is my goal doable?

Exactly! You hit the nail square on the head brother!

 

Maybe debt free is a risk because you don’t really need to go to work and can just walk away where the in debt person has 3-4 jobs??

 

Buying a house outright will depend on the house cost and the housing market at the time. The housing marking fluctuates as much as the freight market and varies wildly depending on location.

As an example, the average monthly mortgage for a house in AR is less than the rent for a 1 bedroom apartment in NY.

 

Regarding achieving goals, YOU need to be brutally honest with yourself and look at your history to determine how much effort, what type of effort (time-span & intensity) and then decide is that kind of intensity & duration something you can do. "Everybody says they want to work however hard is necessary to achieve their goal, but many people have never wored as hard or for as long as required, to achieve the goal. I haven't read the whole thread and don't know if your goal is pretty possible for the new/average/hard charger drivers. My above comment is general and you may very well and easily do it. But even if the consensus is most drivers could, or maybe only hard-core drivers can) if it's possible with your historic leve/duration of effort and not only possible if you work much harder and/or much longer than ever before, I'd not jump into it. It's one thing to desperately want something and quite another to do for a long time all that is required to make that achievement. In theory one of us could learn to be the best salesman in the country with enough study, practice, and effort.

Don't lie to yourself and you dont have to tell anyone what that answer is. You know you. Words are not actions. The things I wanted but never achieved, I would have been better to quit sooner instead of thinking if I keep trying longer it will magically pay off. Maybe yes, maybe know. I'm assuming you are better motivated than me and have more takent and ability. Nothing I write is trying to discourage you. Success takes more than wanting something. Only you know if the goal is in your abilities. Working for the average company, in the average area, with average income/expenses, having & doing what average peoople have and do only produces at best average results. Knowing an Olympic athelete can do some task doesn't mean I can do that same task. It might mean anothe Olympic athlete with Olympic training & coaching & co ditions can achieve that goal.

 

There's a difference between what you're talking about and about what I'm referring to. Having credit cards that are more than 50-75% utilized, a vehicle that you stil owe $30,000+ on and are underwater on the loan, having no equity on the house that you're paying on, and having loans that you're paying off. Yes, that debt is bad. But having vehicles that you've paid off, having equity on the house that you're making payments, having credit cards that have 0% utilization, that is good debt. A wise person that uses debt to their advantage purchases everything on credit cards. They use their best rewards cards for every purchase and for every bill that they pay, and when their statement comes out, they pay back down their credit cards to $0 to where across all of their credit cards is 0% utilization. That is a good borrower, and a bank or lender will give them anything that they want. If they have a high enough credit score, have enough assets in value, and have enough income whether it be in investments through real estate, stock markets, or through work, you can actually get a credit that has no limit.

 

I agree with that and that’s pretty much how I operate
The person with no debt and no cards etc. nothing should be a no brainer for a lender as you mentioned but that’s not the case
I was saying that maybe banks look like a person absolutely debt free can quit their jobs and leave town where as a person either further in debt or a card or paper trail shows a pattern

 

Why do you feel the need to pay off your sister's house?

 

Now we're on the same page. That I can agree with. I definitely get where you're coming from now.

 

Agreed.
That’s the first obstacle. Go to where there’s money and stay there. Use a mega to get started, but as soon as possible, go to where the money is.