Tuesday, August 30, 2005

Would you like an infinite return on your investment?

Would you like an infinite return on your investment?

Its mathematically possible. All you have to do is find a way to invest in something that you pay nothing for and have it give you a return. (basic math: if you divide anything by zero you get infinity)

I do not have cash. That is no secret. It takes money to make money. That is no secret, and is often an excuse for not investing.

But it does not take YOUR money.

I invest (in Real Estate) with other people's money. OPM. This gives me an infinite return.

People say you need 15-20% down for an investment property. What they never tell you is it doesn't have to be your money.

Granted, I don't borrow from friends or relatives. My dad is not giving me down payments to buy houses. Banks are.

Use credit for down payments. It doesnt cost you any cash. Have the seller pay closing costs. You'd be surprised how many sellers are willing to pay closing costs instead of lower the price an extra 2-5k.

There are many ways to do this, ranging from alot of risk, to very little risk.

Follow this strategy, but always be sure that you can cover your costs. People can get really aggressive doing this (e.g. variable rate loans). Be smart about it. Make sure you can cover your payments, at all times.

Then you will know how good it feels to have infinite returns.


Anonymous Anonymous said...

working at sears can also garnish an 'infinite return'.

Mon Sep 12, 09:37:00 PM EDT  
Blogger Greg said...

Is this what the experts call a "Munchnack" siting? If so I am sorry for spelling your name phonetically!

Tue Sep 13, 08:53:00 AM EDT  

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