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Reply to "s/o--so how did you afford a 2 million dollar home?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We recently bought a $3M home. No family money involved. No huge down payment from our prior home. And, we kept our beach home. I own my own business and I invest in good opportunities, for which I am always looking. [b]Our main objective is cash flow, not net worth.[/b] But, practically had we not bought the house we could have retired instead. But, I'm not yet 35 and don't yet know what I want to do when I grow up.[/quote] So, is it safe to assume you are highly leveraged?[/quote] I would say that I am intelligently leveraged. Interest rates are extreme historical lows and I absolutely am betting on high inflation in coming years. I owe about $6.7M on assets of about $12.8M. Would you consider that highly leveraged? [/quote]
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