Nate Hedrick and David Bright take a deep dive on leveraging your money through a mortgage.
Key Points From This Episode
- Nate updates us on his great rental in Cleveland.
- Trying to predict what to expect for 2022.
- Reaching out to listeners; tell us what you want our next webinar to be about!
- How risky it feels to borrow money if you've been in student loan debt before.
- Diving deeper into our topic for today: leveraging your money through mortgages.
- Getting into some common FAQs on shopping for loans.
- We do the math to break down the potential financial risks of different scenarios.
- What the short and long-term risks are if the market shifts downwards.
- The costs of selling a house that's had a big level of value increase, and the value of looking at it from a percentage basis.
- Proving how leveraging lowers the barrier to entry in real estate investing.
- How real estate is just not as liquid as other types of investing.
- Setting up your mortgage, balloon payments, property managers, and more!
- Diversifying to manage risk, and using the stock market as a great analogy.
Links Mentioned in Today's Episode
