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Old 04-28-2008, 01:28 PM
radiowwww radiowwww is offline
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Real estate is a good investment. Borrow moneyu against one piece of property, rent it, and then borrow on it again and again. The property should never be quite paid off, it should always be refinanced, to avoid the preliminary steps of lon acquisition. a loan already established is easier to get than a new one, even if you are a good customer at the bank. Buy rental properties and continue to rent them, and pay on your loan, each time the loan is almost paid off, simply remortgage the property again. Until they will no longer accept it as collateral. this will not happen in one lifetime. Good luck
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