re: How to get into rental property?

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And in the OPs example he used down-paymen

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u can use that to calculate your COC return after you figure out your PCF for the year. you can even include closing costs if you want with the DP to get a COC.

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I used the wrong word, mortgage vs purchase price.

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ok, so you messed up. i answered based on what you provided.

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Don't be a count

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not at all. see above. only trying to help your arse.