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Updated over 7 years ago,
How can I invest in Apartment complexes and live for free?
My wife and I are retired. We make about $30,000 per year. Its very modest. We have $20,000 in the bank and about $50,000 equity in our house if we sold after selling costs and real estate commissions.
I had an idea that we could somehow sell our house and buy a small apartment complex. We would live in one unit for free and maybe collect a small monthly income after the mortgage and all expenses.
Does anyone have any ideas or resources on how we can accomplish this?