How Owning Real Estate is a Forced Savings Account

Real estate ownership acts as a form of forced savings and tremendous leverage. You can buy a $1 million property with a $200,000 down payment. If you have a good credit score and a low debt-to-income ratio, you might even qualify for a 3% down payment.

Very few investment opportunities allow you to put down $30,000 to gain ownership of $1 million worth of assets! 🏡

Read the full article, quoting Scott Gallaway, NYU professor and finance expert, here.