Did you read this title and thought to yourself, Is it a trick? Is it a scam? Let me assure you that it is not a trick and it is not a scam.
It is very real. What is it, youre asking? What crucial knowledge am I lacking to help me borrow money to make money? Here it is:
Its an age-old investing strategy called leverage. Leverage is using a little force to generate a big motion. Investment gurus have been doing it successfully for years in margin accounts to borrow stocks, make money on them, then sell them. The difference in price is their income.
But this is not a crazy investment scheme. Its a tried and true method of investing that youll feel completely at ease with. And if you own a home, youre already doing it!
When you bought your home, you paid a certain amount for it and although you have been enjoying it over the years, you (like many other people) probably hope that your home will increase in value so when you sell it youll make money. Who doesnt want to do that?
So heres where a secured loan comes in. A loan, when used to improve your home, can help you increase the value of it. And often, the overall value of your home increases at...
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