I got a question, haven't heard anyone talk about this?

[Michael Kattouah]

on the bleachers right now just learning so i got a question If I find a  duplex for 350k, put 20% down , 30 year mortgage after the 30 years is over and the property is paid off,  it cost me more than 700k that just doesn't sit right in my stomach. I don't ever see anyone talking about this, is it cause no one owns their duplex for over 30 years, they don't do a 30 year mortgage, they rent a lot more then the mortgage payment???

[Chris Seveney]

@Michael Kattouah

I assume you mean all the interest you paid over time

If you invested $350k and got zero interest on it over 30 years would you be happy with that?

Same with a bank which has shareholders / investors.

There is a risk in borrowing money and borrowing money is not free.