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Updated over 5 years ago,

User Stats

6
Posts
2
Votes
Oswaldo Rendon
2
Votes |
6
Posts

Mortgage loan question

Oswaldo Rendon
Posted

What im understanding from the podcast is that people take out a loan for a rental property from the bank. This person then rents out the place and then pays their mortgage with the collected rent money. How would they generate income if they wont have money left over? If they buy more properties they’ll only get into more debt. How do they make a profit and/or cash flow?

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