The Hidden Cost of Homeownership: Eye-Opening Facts

Imagine buying a $500,000 house with a $400,000 mortgage, paying it off over 30 years.

The bank will rake in around $500,000 in interest from money it essentially created from nothing.

This means 5-10 years of your hard work go straight into paying just the interest.

🤯

This is why financial institutions are so fond of real estate investors.