"You only have less than a million in funds, and you dare to buy 1,000 houses? Borrowing 500 million from the bank, that's too risky." Guo Aihua said in surprise.

"The key is, how could the bank possibly lend you so much money? That's 500 million, if anything goes wrong, how are you going to pay it back?"

Yi Anguo smiled and said, "That's because you're not very familiar with the domestic situation, anything is possible."

"Banks also have lending targets, and mortgages are the safest type of loan. Houses are fixed assets that you cannot take away. If house prices fall and the buyer defaults, the bank will forcibly repossess the property and auction it, so the bank doesn't suffer much loss, and the risk is minimal."

"Moreover, back in 2003, the house prices in Shenzhen were still very low, so even if they dropped, it wouldn't be by much. Therefore, the bank's risk is actually very small."

"Plus, there are developers to help. Developers have to deal with banks regularly, so their relationship with the bank is very good."

"And developers owe banks a lot of money for development loans, so they must sell the houses quickly to recover funds to repay the bank."

"In short, this is a mutually beneficial collaboration. A win-win situation for all three parties. The developers recover funds, the bank gets back its loan, and then successfully lends it out again. For banks, if they don't lend out the deposits quickly, they still have to pay interest to depositors, which is a loss for them."

"Only by lending out money can the bank earn the interest margin."

"But banks can't just lend out money recklessly; lending to loss-making enterprises carries a greater risk, and with startups, the risk for banks is also very high."

"But mortgages are different because the house is collateral, so the risk for the bank is still small."

"And for me, I can get 1,000 houses without spending money, plus 38 million in cash, which is enough to pay the bank mortgage for over a year."

"Along with collecting rent and deposits from tenants, even if I only rent out half of the houses, the rent from this half plus the deposits can support me for another two years."

"When calculated this way, as long as nothing unexpected happens, there won't be any problems within three years."

"After three years, with the economic development of Shenzhen, house prices will basically only rise. By then, if the funds in my hands are tight and it's hard to pay the bank's mortgage, I can sell a portion of the houses anytime."

"So I am also very safe, with basically no risk."

"The facts also prove this. Since I bought the houses in 2003, the house prices in Shenzhen have been rising every year. By 2007, over three years later, the price of the 1,000 houses I bought had already tripled or quadrupled compared to when I purchased them."

"Starting from 2005, the domestic stock market entered a bull market, and I was lucky enough to make a lot of money in the stock market."

"Plus, from 2007 to 2008, the price of international crude oil futures soared and then plummeted, which allowed me to seize the opportunity and make a lot of money."

"That's why my Anguo Group developed so quickly and reached the current scale."

Yi Anguo spoke calmly and steadily, but Guo Aihua felt her heart surge with emotions. Yi Anguo's success through such means really made her feel both surprised and delighted, and she also felt worried and scared! One wrong step could mean an abyss, and it could be impossible to recover in a lifetime.

In fact, that's the truth! Nobody else can replicate Yi Anguo's situation, after all, who can truly predict the future so accurately?

Investing precisely in the stock market during a bull market, trading skillfully in the highly volatile international crude oil futures market, going long and short, making a fortune, treating the stock market and international crude oil futures market as cash machines.

Guo Sian, on the other hand, listened with excitement, full of admiration and respect for his biological father whom he just met, a sense of immense pride welling up in his heart.

The three of them had lunch together, then went to the city center of Shenzhen in the afternoon, visiting various attractions and touring around, followed by dinner together.

After dinner, Yi Anguo stayed with Guo Aihua and her son for a while longer before saying goodbye and leaving. If he stayed any longer, he wouldn't know what to do.

Although they were once first love partners and had a son together, after eighteen years apart and meeting again, neither of them was ready to rekindle old dreams.

Despite Guo Aihua's anticipation for another spark to ignite between them, she maintained her reserve and couldn't ask Yi Anguo to stay the night on their first reunion.

"Mom! Why did Dad leave? Why didn't he take us home?" Guo Sian said with a hint of reluctance.

Blood is a magical thing. Although it was their first meeting as father and son today, apart from the initial awkwardness, after spending the day together, they had already established a deep bond.

They had a great conversation, seemingly with endless topics to discuss. The fatherly love Guo Sian had longed for eighteen years was finally realized, and he was happy, but the time was too short, how could it be enough?

If you find any errors ( broken links, non-standard content, etc.. ), Please let us know < report chapter > so we can fix it as soon as possible.