investment property: It's All About Leverage
- 06/17/08 12:35 PM
This weekend I met a potential client at a new condominium community. He and his wife mentioned they were talking about purchasing their first investment property. I congratulated them saying there's never been a better time to do so. As the conversation progressed, I overheard them saying that they could sell stock and buy the condo outright. We continued on our tour of the property, exchanged information and parted company. Today I sent them an e-mail and mentioned that I had overheard them talking about selling stock to buy the condo outright. I said that unless they were counting on the
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