The dream has become a nightmare. You
will spend your entire adult life, whether you
know it or not, trying to pay off your
mortgage. In fact the average person spends
half
their monthly
paycheck on their
mortgage alone.
Even if you
were able to pay off your mortgage you would
pay
WAY
to much for it. Ex. A
100k
home can cost you as much as
250k
to pay off over 30
years.
Truth-In-Lending.
With that said REAL ESTATE
is still by far one of the best investments
you can make but the best scenario is
having 100% equity in that real estate
to use as leverage.
