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x1uo3yd t1_itzr50s wrote

Reply to comment by likesleague in (eli5) How do people get super rich with real estate? by neverever1298

> "LI5 means friendly, simplified and layperson-accessible explanations - not responses aimed at literal five-year-olds."

This is from the /explainlikeimfive/ rules; the OPs response is fine.

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likesleague t1_itzsw36 wrote

OP asked how people get rich with real estate; I doubt they (or the average person who does not have an asset portfolio) knows what refinancing actually is, or what packaging a portfolio is.

Me referencing an actual five year old was just tongue in cheek.

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x1uo3yd t1_itzui58 wrote

The fact that two technical terms appear in a sentence that basically says "Rinse and Repeat" does not suddenly make it inaccessible.

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