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Old 09-26-2004, 04:33 PM  
sheldonjuan
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Join Date: Sep 2003
Posts: 875
Quote:
Originally posted by Magg
Get a loan on a house, get roommates for every room, and use the roommates to pay off the loan payments.


Charge em each $1000, of course you'll need a house worth charging them that, but I am thinking of somehting with a price tag of $350k or so.


Make sure you buy the house in an area which is growing and you'll be able to resell it in 1-2 years for $100k-$200k more.

When that time comes, sell it, and use the profit and put it into another house.


sell high, but then you gotta buy high
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