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Options for Home Downpayment?
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03-11-2010, 12:03 PM
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108
Pastiche
Lifetime Suspension
Join Date: Jul 2009
Location: Enil Angus
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Quote:
well my cost is 1000 on my condo and I rent it for 1350. they lose 350
Your costs of financing and buying the condo are $1000 and you're renting it out for $1350? Either you're a slumlord or very wealthy and paid a huge down payment.
Pastiche
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