Assignment task: Fully explain the definition of leverage in Real Estate Terms. And then answer the following questions.
Q1. What are the advantages and disadvantages of using leverage?
Q2. Why do the savvy investors use leverage?
Q3. When do the successful investors use leverage (or do they always use leverage)? Give specific examples
Q4. When do the successful investors NOT use leverage (or do they use it on everything)? Give specific examples.