4 ms·
5x? Amateur. I put 3% down when I bought my house. That's 30x leverage. The difference is that my lender wouldn't call the note on my house if the value of
by slumdev 7y ago
5x? Amateur.
I put 3% down when I bought my house. That's 30x leverage.
The difference is that my lender wouldn't call the note on my house if the value of the home dropped below the principal still owed. Not if they want to see the money, anyway.