Originally Posted by BigBadBuick
$80k is enough to put 20% down on $400k worth of real estate for renting out. $400k worth of real estate secured today, paid off by renters, is going to be worth a hell of a lot more than your 9.2% scenario in 20 years
Better to make it 25K for 250K rental. Renters are a real pain in the ass, he will need the cash for down months and all the shit renters fuck up. Then he can buy a FERRARI!!!
Aint it fun to dream with other people's fictitious money?