This is Ridiculous
Just say you bought a $900,000 investment property and borrowed the full $900,000. Then never made a single payment and also put the rent in your pocket for 20 years. If the capital gain was 10% and the interest rate averaged 7%, the position after 20 years would be: Property value – $6.05MProperty Loan – would have grown/capitalized to $3.24M (In addition, the accumulated rent […]