I need someone to help me understand leverage!

[Carl Flint]

BP!

I need some help.

Today my girlfriend and I were having a debate on buying a property using leverage through a loan or buying a property outright in cash. I know that leverage is can be a good thing for investors if the numbers work.

I need help understanding so that I can explain the pros of using leverage to someone who has no knowledge of the real estate world.

Basically, I need an elevator speech on leverage and why to use it.