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Am I broke and don't know it.
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reformedbanker
Posted 2/8/2025 13:48 (#11094685 - in reply to #11094667)
Subject: RE: question for you shadow (and I really don't know)


You actually have it figured out right. Can't write a check off net worth, unless you sell and pay your taxes first... cashflow is king.

Edit add: banks do care about collateral coverage... it is the last resort for them to get repaid... you without debt - no reason to worry like you said

Edited by reformedbanker 2/8/2025 13:51
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