Borrowing Tenants Money for FREE to Purchase RE in Korea

[Jacob Michaels]

Hey BP Community,

My wife and I live in Korea and leverage borrowed money, often hundreds of thousands of dollars worth, from our tenants at 0% interest to purchase undervalued properties. 

Sound outrageous? Read on.

[I've written extensively in another forum post on this as a response to someone's post, but I thought there'd probably be a lot of people who interested in reading if this were in a separate post :)

I'll copy & paste my and others' posts here. ]

Previous forum: https://www.biggerpockets.com/forums/76/topics/290398-international-real-estate?page=1#p1925452