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You need to consider other funding options like small business loans, crowdfunding, or even partnerships. Leverage your experience and network You undoubtedly have decades of experience and a wealth of knowledge that can give you a leg up. At 52, Garner found herself divorced and over $1 million in debt. This is Rule No.
You can also in the act of doing that, experienced tax benefits and amortization of debt if it was used to finance the purchase. First is that leveraged component, leverage against long-term appreciation, makes a huge difference in returns. We talked about leverage. That was nice and succinct. A couple of reasons here.
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