A 20% down payment means the bank puts up 80% of the money. When the property appreciates, you get 100% of the gain on 20% of the cost. Leverage is the secret sauce -- and the hidden danger....
A 20% down payment means the bank puts up 80% of the money. When the property appreciates, you get 100% of the gain on 20% of the cost. Leverage is the secret sauce -- and the hidden danger.
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