Managing your home equity line: Todd Brown used credit to build his real estate business
Todd Brown, 28, stumbled onto his now full-time career of buying, rehabilitating, managing, and selling homes. From age 16 to 19, he worked in his brother's Queens, New York, barbershop, saving money while he lived at home with his mother. He persuaded his mother to let him use $7,500 of his savings and cosign on a used Lexus, but his fiancee and a few months of paying the weighty $900 car note persuaded him to begin looking for a home. |