Updated over 3 years ago on . Most recent reply
Help with understanding purchasing homes
Some of the Real Estate YouTube channels are telling everyone that if you have $300,000 and you owe $300,000 on your home, do not pay it off...... Use that money and put down $50,000 each and buy 6 more homes........ That sounds really great, but how in the world do you get all of these loans...... I can probably get one home equity line and get one home, but how do you get the 5 other loans? ........ Am I totally missing something? ....... What is the strategy? .... Please educate me! ...... Thanks! :)