I was raised to think that the American dream was not only to own a home but to own an investment property. This might have been true years ago, but for me the numbers no longer make sense.
Let us hear your Real Estate Investment Nightmare Stories.
I'd love to hear about those who leveraged their primary residences to get a loan on an investment property that went belly up, as i can't get the sick thought of getting an investment property out of my head, even though it's clearly out of reach for me.
Tell us your RE Nightmare Stories
byu/ridesharedrivr inRealEstate
Posted by ridesharedrivr
1 Comment
Someone wrote the following but it dissapeared: “Oh man, my neighbor leveraged his house to buy a “can’t miss” duplex in 2019 and the tenants completely trashed it during covid when evictions were basically impossible. Dude ended up losing both properties…”