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04-28-2008, 01:28 PM
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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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04-28-2008, 01:28 PM
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| Economics and Micro-Lending? How is Micro-lending practiced today, or if you can give me an example of a country that still practices it so I can learn from that country. What projects are good to lend funds to or incorporate micro-loans with? What kind of steps would help borrowers use the funds profitable and return your funds with some interests? |
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