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Updated almost 2 years ago on . Most recent reply

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Marijo Holt
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
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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