Afford Anything cover image

Invest Anywhere: The 5 Ways Real Estate Makes Money

Afford Anything

00:00

Lenders Classify Mortgages Based on Use

There are three different ways that lenders classify mortgages. One is primary or owner occupant, the other two are second home and investment homes. The banks charge more for those who use their money to make money. This is where our long distance real state investing comes into play. It makes a big difference whether you're buying a million dollar duplex in boston versus a hundred and 50 thousanddollar duplex in Kentucky.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app