• BeardededSquidward@lemmy.blahaj.zone
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    17 hours ago

    They get a painting worth 10K, get a loan for that, then get it appraised for 30K, get a loan on that from somewhere else and pay off the other one. That’s one idea.

    The second is they like assets that provide passive income and appreciate. You’ll find a lot get into land as well and rental units.