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Acquiring a rental property is easy when you use the real estate technique of OPM, Other People's Money, not your money or very little for a down payment (your equity).
OPM has two parts. A loan to purchase a property and tenant rent to repay the loan.
In this Episode 4, I will discuss how and where to get a loan for an investment property.
With OPM everyone benefits.
A bank or lender provides the money for the benefit of receiving interest on the money lent.
A tenant provides rent money to pay the loan and build your equity for the benefit of living in the property.
Your benefit is wealth building & profit to help pay for your child's future college education. Win, win for everyone!!
Acquiring a rental property is easy when you use the real estate technique of OPM, Other People's Money, not your money or very little for a down payment (your equity).
OPM has two parts. A loan to purchase a property and tenant rent to repay the loan.
In this Episode 4, I will discuss how and where to get a loan for an investment property.
With OPM everyone benefits.
A bank or lender provides the money for the benefit of receiving interest on the money lent.
A tenant provides rent money to pay the loan and build your equity for the benefit of living in the property.
Your benefit is wealth building & profit to help pay for your child's future college education. Win, win for everyone!!