What is Loan Affordability? Borrow Money to Invest

If you can’t afford to borrow $45,000, how can you afford to borrow $66,000? The truth is there are questions that most people don’t ask when it comes to borrowing money.

The typical consumer borrows because they need money. The wealthy borrow because it improves their wealth. If you are building wealth, you must know how to borrow money to buy assets only.

Understanding these fundamentals help you invest more regularly for returns you can bank on. Borrowers who buy liability only have liability. The right kind of borrowing increases cash flow beyond debt service.

Today’s podcast talks about the basic analysis necessary to determine if one loan is good versus another. You’ll discover a simple way to look at purchases so that you profit.

You can borrow in such a way to increase cash flow, accumulate assets, and improve your income. These methods are easy to describe yet practically ignored by high-income professionals. This is critical for those who want to convert income into net worth.

Here's more on what you must consider before borrowing even cheap money, https://youtu.be/Kbh4aErsNWY

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