When a property appreciates, it will appreciate on the value not on the original investment. Therefore, if you ‘leverage' the property with "OPM". You can make an investment even more valuable by having the property rented out. The monthly mortgage payment is being paid by the renter and someone else is paying for your equity growth in the property.
FACT : Compound Interest works only for the very few. The very few who began investing in their 20's and NEVER, EVER, EVER STOPPED. They didn't stop when they bought a car, house. Got married, had kids. Paid lots of bills, mortgage payments, loan payments, credit card payments. For the rest of us life expenses cost money, and so your savings account that you had been contributing monthly to gets sucked dry.
Cheap, easy money that not only gives you the ability to buy the home... but also the money to rehab it... all in one loan!... with no payments for 6 months! The FHA 203(k) loan is available to borrowers of all income levels, but only to homeowners who plan to occupy the property, and for homes with one to four units.