You can leverage your funding and borrow money from the bank to purchase properties. The rent could be increased to keep up with inflation so that’s one other positive. Eventually, the property shall be paid off and you’ll get to maintain many of the rent checks. You still need a substantial amount of cash for the down fee and good credit score to get a mortgage, though. Financial expert Davis Stein’s goal with this podcast is to assist enhance his listeners’ retirement IQ.
