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Updated almost 2 years ago on . Most recent reply

How to leverage down payment
i am starting with very little cash. how (and who) do you leverage a down payment?
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Nathan Gesner
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Quote from @Marijo Holt:
i am starting with very little cash. how (and who) do you leverage a down payment?
If you borrow money for the downpayment, you are borrowing to borrow. This is known as over-leveraging and it's why people end up on the foreclosure train. It's a foolish move that I wouldn't recommend.
Work hard to increase earnings. Reduce expenses. Save up. Invest.
Great rewards require hard work. I don't know anyone that became a millionaire and stayed one by taking the easy route.
- Nathan Gesner

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