Should I Buy a Negative Cash Flowing Property?

[Ayodeji Kuponiyi]

Many times on BP I've read "buy a cash flowing positive property". What about a negative cash flowing property? I've read that you make your money when you buy, does this apply to a negative cash flow property? I'm sure it does but I want to hear fellow BPer feedback. Thank you in advance. 

[Ben Leybovich]

There are only 2 ways to make money in real estate investing: either income, or capital gains. Thus, if you're not making positive cash flow, you better make sure you can make a bunch of capital gains. And, you better make sure that you can afford negative gearing for as long as it takes you to sell... Dangerous game indeed