There are a few areas in life that you can skimp on and be good. There are also a few areas where you will get screwed over quickly if you skimp. Use your own lawyer when you buy or sale real estate. It will be worth every penny to have someone looking out for your best interest. Even as you gain experience you will want someone that you can trust reviewing documents before you have to. I have seen a couple of HUD statements recently that truly represent the person without their own lawyer.
Also don’t skimp on insurance. I am not going to advice which plans to go with or not, but I will say that you will sleep better when you have insurance. Most loans require insurance, but if you are dealing with cash you can do what you like.
Think of these things like the 10 crack commandments or condoms. “Credit dead it/You think a crackhead payin’ you back, shit, forget it” “keep your family and business completely separated/money and blood don’t mix/like two dickss and no bitch”
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