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Borrowing money to invest, Right Or Wrong?
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[QUOTE="Sotherefore, post: 237496, member: 27033"] Is not really about the borrowing, but the most important thing is what you have to keep in place because getting a loan from a bank or any other official financial institution will ask you keep a collateral before you are eligible to get the loan you are interested . At least if you have something to offer , you can have a good chance of securing a loan but this is not just about securing a loan there are so many things you also have to consider . Investment is sometimes something you have to do for long-term purposes . So financial institution may not give you a loan for you to invest in properties for a long period of time of more than two years. In this case, if you are very sure about the type of investment you are doing , you can just get money and invest in your property as long as you will be able to return back the money within the agreed period of time. So many people are just interested of getting a loan without having anything to keep in place and sometimes getting a loan for long time like more than two years is not even the best. [/QUOTE]
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