Finance
A Vermont property investor who uses leverage means:
AThey own the property free and clear
BThey borrow money to purchase the property, using the property as collateral to amplify return on invested equity✓ Correct
CThey use only cash for all acquisitions
DThey own multiple properties in different states
Explanation
Leverage in real estate means using borrowed money (mortgage) to purchase a property, allowing the investor to control a larger asset with a smaller equity investment and potentially amplify returns — while also increasing risk.
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