RE: ScaredyCatGuide to Real Estate: Make Your Money Work For You Using Real Estate

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ScaredyCatGuide to Real Estate: Make Your Money Work For You Using Real Estate

in money •  7 years ago 

If you have 100k rather than buy 1 house at 100k for cash, buy 5 houses at 100k using debt, after you service the loans you will have about the same cash flow but after 20 years you will have 5 houses not just 1.

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7 years ago by

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      ·  7 years ago 

    That's right! Exactly what @djk said. Use 20k each for down payments as opposed to just spending 100K on one property.

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