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/biz/ - Business & Finance

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1754029 No.1754029 [Reply] [Original]

I can borrow ~$100k with 2.8% interest (30 year). How do I get rich?

>> No.1754037

>>1754029
Good luck paying 85k in interests.

>> No.1754040

>>1754037
>He cant double the money in 30 years

try r9k

>> No.1754064

single family houses with positive cash on cash ratios

>> No.1754098

>>1754029
bitcoin

>> No.1755203

>>1754029
put it on the patriots

>> No.1755264

>>1754029

Investing/speculating/gambling with money you don't have is a risky business son.

Is the 2.8% interest annual or over the whole 30 year period? And who are you borrowing it from?

>> No.1755274

>>1755203
This. Im putting half my savings on them

>> No.1755289

>>1755264
think about what you're saying anon.

2.8% over the whole period? OP is borrowing 100k over thirty years and is required to pay a whole $2800 in return..........?

>> No.1755369

>>1754029

>Buy 1000 knee pads
Buy brick of crack
Hire 1000 prostitutes to suck x amount of dick per day
Pay prostitutes in crack
Collect dividends and pay back loan
To decrease the repayment threshold simply increase the amount of dick each girl sucks per business day

>> No.1755379

>>1755274

Falcons are winning it breh.

>> No.1755396

>>1754029
Always bet on black
https://www.youtube.com/watch?v=FTDeOPFr9e4

But that's a sweet line of credit (surely you meant 2.81%, though, as it's the AFR). I was offered a promotional deal on my business line of credit - balance for next check I wrote would have a rate of 2.5% for the lifetime of the balance (9 year term). I wrote myself a check for $55k (credit limit) and deposited it in my brokerage account. If I haven't doubled it in the the 14 month loan lifetime I'm damn close.