In this episode of Nuggets On The Go, Melvin Lim from PropertyLimBrothers reveals the often-overlooked mechanics behind successful real estate investment—framing the bank and the tenant as your silent co-investors. Through a detailed financial walkthrough, he illustrates how leverage, structured repayments, and tenant contributions combine to create a capital-efficient strategy that multiplies returns.   Using a hypothetical $2 million property, Melvin Lim compares fully paid versus leveraged scenarios, breaking down how $500,000 in equity, paired with bank financing and rental income, can unlock over $1.1 million in value over time. The discussion also highlights the role of cash flow, principal amortisation, and risk management in maintaining healthy property investments.   For those considering a leveraged property purchase, navigating rental yield gaps, or exploring tenant-supported ownership models, this episode offers grounded perspectives.   0:00 - Introduction: The Two Investors in Your Real Estate Journey1:07 - Leveraged vs. Non-Leveraged Investing1:43 - Understanding 75% LTV and TDSR2:31 - The Core Question: Better Return on Capital - Cash vs. Leverage3:07 - The Power of Healthy Leverage and the Multiplication Formula3:45 - Return on Capital (ROC): Fully Paid (20%) vs. Leveraged (80%) Scenario5:04 - Summary: Leveraging vs. Non-Leveraging Approach5:15 - Risk Factors: Sustaining Monthly Instalments and Cash Flow5:37 - Recap: The Four Quadrants of Real Estate Analysis6:14 - Investor 1: The Bank (Your Co-Investor)6:32 - The Bank's Interest: Principal, Interest, and No Share in Profit9:14 - Investor 2: The Tenant (Your Second Co-Investor)9:25 - The Tenant's Role: Co-Investing on a Monthly Basis11:47 - The Owner's Rights: Paying Costs for Full Profit Ownership12:20 - Win-Win-Win Scenario: Owner, Bank, and Tenant Benefits12:47 - Loan Balance Reduction Example over 4 Years13:34 - Amortisation Table Breakdown: Principal vs. Interest14:11 - How Tenant's Rent Covers P+I and Reduces Loan Balance15:47 - Summary: The Two Investors at Work and Their Contributions16:36 - Property Owner's Gains: Appreciation, Principal Pay down, and Initial Capital Back17:45 - Mental Accounting: Cash Flow vs. End-Game Unlocked Profit19:48 - Next Step: Refunding Unlocked Capital to Fund Next Property Investment