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Isn't what you describe using your own capital to use as an investment instead of paying down the mortgage? How do you use the leverage (debt) from the mortgag
by scwoodal 2y ago
Isn't what you describe using your own capital to use as an investment instead of paying down the mortgage?
How do you use the leverage (debt) from the mortgage to put in a 5% investment?
- dotBen 2y agoI already owned the house free and clear. Was offered stupid (good) terms for a mortgage so I took it. Used the money to create a return that pays back the monthly interest and principle while still creating a return AND tax deduction.
- Kon-Peki 2y agoAh, thanks for the explanation. Unfortunately not something I can do.