[quote=JordanT]It is possible to buy houses, live in them until they’d cash flow on rent, rent them out and then buy again, rinse and repeat. However, this is beyond the abilities of nearly every homeowner since it requires saving a lot of money while owning a home.[/quote]
I strongly support the above statement. Most homeowners over-estimate what they can afford, they simply buy the biggest house that the lenders allow them to. Instead, the wealth-creating policy for home ownership is simply “buy houses, live in them until they’d cash flow on rent, rent them out and then buy again, rinse and repeat”.
