If you can't afford a house, buy five. That's right. Buy five houses, rent them out for 125% of the mortgage, pay off the fifth. You got five houses FOR FREE!Can't afford a new car? Buy five. Rent the other four.Can't afford a computer? Buy five. Rend four.Can't afford a pokemon card? Buy five. Scalp four.Can't afford concert tickets? Buy five. Scalp four.Can't afford food? Buy up the retail chain, force each store to pay to rent rent to you until you bleed them dry and they go bankrupt. No more grocery store and you get 1.5 billion dollars.The only question is... why are you too lazy to simply buy five?
Because I make 16 dollars an hour doing security work.
>>62617510The joke is that you're describing tech giants. Can't compete with Sears, Wal-Mart, Toys R Us, Radio Shack, taxi drivers, etc.? Flood the zone, be the only rational or practical option, a de facto monopoly, and force the general public to pay the costs of standing up your business.
>>62617510all of them sound reasonable except for the first one. if you cant afford a house and ask for a loan. you cant rent it out for the first year that you've bought it.
>>62617510But how do I prove my income to get the mortgage? I also need 20% for the down payment.
>>62617510If you can't afford 1 you can't get a loan for 1, let alone 5
>>62617764>>62617784Just get a rich friend to co-sign
>>62617833Your friend will be co-owner of the property.
>>62617833Nobody here knows anyone rich enough to get 5 mortgages at onceI'd be surprised if anyone here has a friend with 2 mortgages
>>62617764Leverage buyout. That's what got Toys Are Us.You buy one home at 1% down, use that asset against your second 1% loan, etc. etc.
