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What was he doing with his money, that house should be paid for by now.
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Originally Posted by Deuce King
What was he doing with his money, that house should be paid for by now.
^^^although i think this home was paid for, which by the way does not stop you from losing it in bankruptcy unless it will cover your debts.It's called leveraging and most rich and very rich people do it. Why pay $10 million in cash for a home even if you have $20 million in the bank when youcan put a couple million down on a few million dollar homes and when they appreciate it's multiplied appreciation while having money left over and if yousell once you recouped your down payment via apprecition your the man. Plus less write offs amongst other things....Originally Posted by 703 Hwy
Why don't these dudes ever buy their house straight out?
And Vanilla Ice'sOriginally Posted by NikeFlightposite
That's Pac's money