Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 7 · column 5 of 9 · from the scan, no model involved
The secret to making real estate investments pay is borrowing. This idta of assuming what may be a staggering debt flies in the face of conventional wisdom. Yet, borrowing is the only means most people have of acquiring real estate - and it’s the shortest route to high returns.
In real estate, borrowing is called leverage. Suppose you have $60,000 in the bank and you want to buy a $100,000 property. Thinking the old way, you’d put all your cash down and take a $50,000 mortgage. If you eventually sell the property for $150,000, you would have made a 100% profit.
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