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Originally Posted by Baraka_Guru
It was a passing reference to making money off of other people's debt versus paying other people for the privilege of the debt you carry. I hope one day to reverse my current "fortune" in this respect.
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can you elaborate on that concept? I'm coming up short when reading it.
I bought a property with a 30 year mortgage. I rent it for a little more than it costs me in expenses. Is that what you are referring to in making money of other people's debt?
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