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[Johnny2X2X]

11. Informative article

I don't think enough people know how the rich really finance their lives. People think they just buy whatever they want, well, they get cheap money to buy whatever they want so the banks hold the risk and they can leverage their equity for other investments. She is a savvy business person, but this whole purchase was probably handled by her lawyers and she did little but sign off on the terms they negotiated for her.

It's the type of stuff that only works when you have significant capital. You aren't going to leverage your $75K in home equity for anything substantial that will create a revenue stream for you. But once you have millions, it all works.

And Chase is making money still.