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From Wikipedia, the free encyclopediaIn general, any loan which does not meet guidelines is a non-conforming loan. A loan which does not meet guidelines specifically because the loan amount exceeds the guideline limits is known as a jumbo loan.
Using debt as leverage to purchase investments can magnify your return.
The downside is that you also increase your risk. For example, if your
investment were to lose all of its value you would not only have lost
your investment but you would still owe the balance on the loan.
Thanks Lucky. I have one more question for you, or the community. Can I use real estate for collateral on an investment loans?