| Bryan Ketchmark - Owner/Broker | 218.372.8366 | 34381 Majestic Pine Drive Sturgeon Lake, MN 55783 |
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This weeks real estate tip:
What is Positive Leverage?? Using borrowed money to increase the return on an investment. Example: Property is purchased for $100,000 cash and sold one year later for $150,000. The investment produced a return of 50%, less the cost of the sale. Another property is purchased for $100,000 with $10,000 down and a mortgage of $90,000 and sold one year later for $150,000. The investment produced a return of 500%, less the cost of the sale and cost of the mortgage for 1 year, still a much higher return that the cash purchase. |
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. This website and its contents are the property of Majestic Pine Realty Inc. 2003. Any use or reproduction of any content, information or design on this website is strictly prohibited unless prior written consent is obtained from Majestic Pine Realty Inc. Any questions regarding any of our listings or for any other general information such as broker reciprocation, email us at bryan@majesticpine.com2003
