I am certainly not here to cast judgement on anyone, but I absolutely can’t imagine ever risking my house/shelter/security to try to get rich quick.
Back in 2004-05 we had a “friend” a real estate person who tried to convence my husband and me that we should take equity from our home and parlay it into 5 or 6 other houses. We about fell off of the couch laughing, and he couln’t get over how “financially conservative” we were. He assurd us we were missing out. In fact he did dip into his home equity and buy 5 more houses, we didn’t and here we sit in our 1 and only 22 year old sfr, and a mortgage I could make working at Baskin’ Robbins.
I often wonder how much sleep he gets at night? I bet not as much as we do, lol.
