The Soapbox

Zhoo

Joined: 08/14/1998 Posts: 6114
Likes: 5244


Its not available to anyone actually


its only available for people with high net worths……

You think if I who earns 80-150K a year with assists between 500-600K can walk into a bank and secure the same loan deals as Mark Z or J Bezos? They go into the bank, secure 20million worth of stock to buy their 20million dollar house at 1-2% interest and I am lucky (outside of the last year) to see anything under 5% because I don't have 500K to put on to secure such a favorable loan deal......I would have to go sell stocks or use 100K if I had that cash to put 20% down as well which they don't have to.

its a whole different ball game for those people....even compared to your wealth and recognizing gains.

(In response to this post by BocaHoo91)

Posted: 06/14/2021 at 2:42PM



+2

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