Quote:
Originally posted by Rictor
Yah, you can get the rest from the bank. You just need good credit and a decent income to get some loans. You purchase properties and rent them for more than your monthly payments, then pocket the difference.
If your payment is $600 a month, you can probably get $1,000 a month in rent.
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pocket the difference, therefore create an asset
and after a few years sell/trade the building?
so a) you make money off the rent and b) you make hardcore cash when you sell it?
am I getting this thing right?