minus-squareAuzymundius@lemmy.worldtomemes@lemmy.world•The system is brokenlinkfedilinkarrow-up7·10 months agoThat’s normal. The idea is you buy the house with a mortgage to then lease (let) out to tenants. The tenants then pay you rent equal to the mortgage plus a bit extra on top, which you use to pay the mortgage and make a profit. linkfedilink
minus-squareAuzymundius@lemmy.worldtoMildly Infuriating@lemmy.world•This toilet paper at my worklinkfedilinkEnglisharrow-up2·11 months agoIt’s a really big poop. linkfedilink
That’s normal. The idea is you buy the house with a mortgage to then lease (let) out to tenants. The tenants then pay you rent equal to the mortgage plus a bit extra on top, which you use to pay the mortgage and make a profit.