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Comment by illumin8

Seriously? You want to get into real estate in the middle of the biggest depression we have ever seen? When property values are still way over-inflated?

This is only the start of the article's problems. The next thing he advocates is putting 20% down on a $6.5 million apartment complex, effectively leveraging 5 to 1.

Leverage has no place in any retirement account, period!

This entire article is a recipe for disaster.

parent illumin8 16 years ago

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