This is about as close to a free lunch as you’re ever going to find in investing. It’s heads I win, tails the bank loses.https://twitter.com/LAForeverHall/status/1254193270009155585 …
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Will note that I don’t see an ethical problem with defaulting. The bank knows the rules of the game in the state it’s operating in. Therules are the rules and there’s no shame in using them to your advantage. But a moral
isn’t one size fits all. We have to follow our own.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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I agree. Key is to understand that the cashflow being levered is your income. So, if you're income is pretty stable (particularly if you have a working spouse or partner) it's a good trade. I would recommend doing a 4plex and living in a unit, though. Better play long term.
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I'm sure my wife would love that. BRB after I talk to her about it. :-)
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