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Real estate
Is it really possible to purchase real estate without using your own money?
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[QUOTE="btaliat, post: 213964, member: 26390"] When I read something like this. A story of a man that's averagely rich but wanted to buy off the most expensive estate in his vicinity, how did he do do it? He went to a mortgage bank for a loan to secure the estate, despite the fact that it is the most expensive. Though the bank manager was curious on how would repay but he assured him of repaying even with interest. He didn't sell the estate as many would think. What he did is to rent the estate out to some influential people and use their house rent to repay the loan he obtained from the mortgage banks. He has repaid the money even before the expiry date because he rented it out expensively since the estate was the most beautiful and expensive. People may have different ways of getting into real estate management without having much but they must be smart with it. [/QUOTE]
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Is it really possible to purchase real estate without using your own money?
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