Leverage and OPM are looked on as the real estate rainbow that leads to the pot of gold but is it always a good idea to use other peoples' money to buy an investment? Tune in to learn when leverage is good, and when it can be the road to ruin.
Every sad investment story you hear starts with poor use of leverage: the person is "underwater." The house is worth less than they paid for it and now they can't sell it, can't rent it, can't make payments, and they lose the house and lose their shirt in the bargain.
How can you know whether to buy one place with cash or put 20% down on five properties? Today's Women Creating Wealth podcast gives you concrete examples of the pros - and cons - of using other peoples' money.
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