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Updated over 2 years ago on . Most recent reply
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Please clarify my doubt
Please clarify my doubt. When we are borrowing money from the bank to buy multiple family appartments. Why are we not paying the principal portion of the loan. Or even if we are taking interest only loan, at some point (3-5 Years) we have to pay back the principal along with the interest rates decided. If that happens, we will never be cash flow positive. How do we do that? Are we ever going to pay back the principal? Please help. I am waiting for your reply.
Thank you