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Thursday, March 1, 2012

Leveraging Tips

First and foremost, the objective of an investor who specifically wants to turn around a home ASAP in order to profit from its appreciation-from the time he steps into the developer's model home or trailer and puts the home under contract-is to put the least amount of money down as possible. I've said it many times, and that is, leverage is the eighth wonder of the world. If an investor is limited to $50,000 in which to apply earnest money around as a down payment, it's best to leverage into 10 deals at $5,000 a crack than leveraging into three...

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