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Buying a shitty 40k house, just pay cash or take a mortgage?
| White bat shit crazy ape | 07/23/16 |
| plum excitant church building | 07/23/16 |
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Date: July 23rd, 2016 2:58 PM Author: White bat shit crazy ape Found this little house for sale for 38k. Reckon I could do a weekend worth of work on it and have a renter in there for $450 / month at least, probably more
If I got a mortage it'd be about $150 / month after paying 20% down |
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Date: July 23rd, 2016 3:01 PM Author: plum excitant church building I don't know. You'd have to run all the numbers. But I'd generally say take the mortgage. (http://www.autoadmit.com/thread.php?thread_id=3297867&forum_id=2#31009828) |