Has anyone used a margin loan? What was your reason for using it and what was the experience like? Did you repay it?

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I use one. I use it for BRRRR. I buy a house and renovate it with my Margin Loan then stick a mortgage on it and use those funds to repay the loan. Lather rinse repeat

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I’ve been thinking about using it for an easy 20% additional leverage on my index funds. Outsized returns and very low overall risk based on margin rates

IBKR is anywhere from 5.2-4.5%

I use margin trading, but be prepared to liquidate your position and move the funds elsewhere once margin calls occur after the market turns.

Keep in mind that if you over leverage and can’t meet the margin call, your securities will be sold to meet the call

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