You just take out another loan.

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Apr 25, 2024
1:40:07pm

JuicyJam All-American

You just take out another loan.

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JuicyJam

Previous username: jensen46
Bio page: JuicyJam
Joined: Mar 14, 2016
Last login: May 5, 2024
Total posts: 28,369 (1,186 FO)

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Messages

Author

Time

Finance people, if the point of borrowing against your assets is to avoid

Longseason

Apr 25, 1:36pm

You just take out another loan.

JuicyJam

Apr 25, 1:40pm

Here is a simple example on the power of leverage.

Acorn

Apr 25, 1:47pm

With either option, missing a key massive bonus

Apr 25, 5:37pm

Well yeah, if you want to complicate the example. It was teaching the principle

Acorn

Apr 25, 5:42pm

Take out enough with the 1st loan to cover the debt service. Borrow $50M. Keep $10M for the payments and spend the rest

HarlemCoug

Apr 25, 1:48pm

The point is to live off the debt forever until you die

Apr 25, 5:39pm

Rather than sell your asset and get taxed on the gains you borrow against it use

johnnybyu

Apr 27, 10:14pm

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