Quote:
Originally Posted by fotze
or had the minimum down payment of $5-20k, then the renters pay the mortgage.
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Its plausible.
If he bought right before the boom, he could have picked up some nice rental properties for 200+k
He could have had co-signers on each property allowing him to receive mortgage approval and could have put 5-20k down on each property.
I wanted to do this in 2005, but didnt have the capital or co-signer willing to take that chance on a university student
