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2023-04-06 19:51:22 UTC
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thevin on Nostr: 6/ Yes, CRE is a great wealth building tool... if you already have some wealth. Even ...

6/ Yes, CRE is a great wealth building tool... if you already have some wealth. Even at 80% LTV, for a $3,000,000 asset among six investors, you're looking at $100,000 of required equity.

An impossibility for the majority of Americans (~60%) living paycheck to paycheck.