Quote:
Originally Posted by Hog Farmer
So , I have determined the BEST course for long term investment is still real estate. I've bought 90% of my rental properties from sellers that are willing to finance 20% of the property and get the other 80% from the bank. Letting the renters pay of the mortgages while financing 15 year notes. It's solid.
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I really think you're right. The challenge is that you have to take a very long-term view, but it seems like it's almost a guaranteed great payoff at the end. I really regret not leveraging myself more to buy rental properties 10 years ago. At my current age, the payoff won't come until I'm in my 70s, and I'm not sure that that's worth the short-term pain now.