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本帖于 2011-01-10 10:31:53 时间, 由普通用户 jy101 编辑
回答: Please do correct me. which part is wrong?win9638527412011-01-10 09:47:54

other people's money (in this case the Bank's), to do the things you otherwise would not be able to do (or enjoy the house you are living in). The bank, of course wants to earn some money too. Everyone got what he wants.

In this case, you are still MAKING 1W, right? Thanks to the bank that help you do that. So if you have 10 this kind of houses, then you make 10W, correct?

Of course, there are many other factors to consider, such as you don't pay too much to the house, and you may have better ways to make a return on your money, etc etc.

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I feel bank is not making "some" money -win963852741- 给 win963852741 发送悄悄话 win963852741 的博客首页 (212 bytes) () 01/10/2011 postreply 10:18:09

I know what you meant. -JR98- 给 JR98 发送悄悄话 JR98 的博客首页 (221 bytes) () 01/10/2011 postreply 10:42:10

why would anyone pay 440K cash for one rental property? -黎明新生- 给 黎明新生 发送悄悄话 (0 bytes) () 01/10/2011 postreply 19:12:15

in this case, save money instead of buying a rental -win963852741- 给 win963852741 发送悄悄话 win963852741 的博客首页 (136 bytes) () 01/10/2011 postreply 10:20:18

You forgot "money has cost" -JR98- 给 JR98 发送悄悄话 JR98 的博客首页 (32 bytes) () 01/10/2011 postreply 10:44:06

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