ilmscore | Prediction Details
"if you want to invest in real estate and you want to own and operate the property yourself you got to have some cash period if you're going to do it with 0% debt understand it is so risky have some people done it successfully yes I'm sure they have but it is so much more risky you got to have some skin in the game which means if you want to buy this property you better have at least 30% to use as the down payment and some extra cash to protect you"
By Minority Mindset | June 23, 2024 | Pending
From video
If You've Never Invested Before - Watch These 32 Minutes 00:24:46 - 00:25:11
Interpreted Prediction
To invest in real estate and operate it independently, a significant cash down payment (at least 30%) and reserve funds are crucial due to the high risks associated with low or no debt financing.

Prediction Details

Topic
Real Estate Down Payment

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