We just started playing the game CashFlow 101 and need to know about when you take a loan from the bank and the bank gives you the money, what do you do with that money? If the property is, let's say $200+passive cashflow do you end up paying the 10% to the bank with the money handed to you by the bank? Doesnt a positive cash flowing property make you money and the total expenses should go down not up? Are we missing something?
2007-05-20
17:47:06
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1 answers
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asked by
thirdeye67
2
in
Business & Finance
➔ Renting & Real Estate