A bank will happily lend you 80% of the money needed to buy a property. Why are they so eager? The inherent leveraging possibilities of Real Estate are so powerful that the bank will allow you to leverage their own money. Afterall, money makes money, right? With interest rates where they are (for some financial institutions as low as 1%) this is the perfect time to invest. Strike while the iron is hot!
The concept of leverage extends beyond just the finances. Your Real Estate investment team (agents, contractors, etc) have skills and abilities that you can leverage to add value to your investment. You don’t have to be a Real Estate savant to succeed here, you just have to surround yourself with the right people.
Leveraging the value of the property and the expertise of your team, can set you and your family up for generational wealth. With the right deal, your investment property can be passed down to your kids, providing for them long after your initial investment.
What better way to teach them the skills involved with independent wealth production? The right deal can provide financial freedom for you and your children (and maybe grandchildren!). Maybe it’s time to start looking for that deal…