If I own a house outright, and use it as collateral for a loan... this my friend, is "using real estate for leverage"
Going to the bank and asking for money so you can do the above is NOT "using real estate for leverage"... It's using your cash deposit for leverage
If I own a house outright, and use it as collateral for a loan... this my friend, is "using real estate for leverage"
Going to the bank and asking for money so you can do the above is NOT "using real estate for leverage"... It's using your cash deposit for leverage