Tale of 2 Brothers

[Kevin Siegel]

A buddy of mine showed me this article, so I figured I'd pass it along. I'd be interested in hearing your thoughts as well.

http://efsoptions.com/documents/ATaleOfTwoBrothers2.pdf

[Jeff S.]

Brother A pays down mortgage.

Brother B pays as little as possible, takes savings in 2005 and leverages real estate.

In 2011 brother A refi's, pulls out a little cash, buys some cheap properties and gets a 3% 15 yr mortgage and plans to retire early.

Brother B had a credit line on his home and bought stock before the crash. Loses big in the market, loses his rental properties, loses his job and his home. Brother B wants to borrow from Brother to buy cheap property.