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re: Rental Property Investment
Posted on 6/17/15 at 6:44 pm to I Love Bama
Posted on 6/17/15 at 6:44 pm to I Love Bama
Bama, I probably have a dumb question. On your spreadsheet you financed the full cost. Wouldn't that make cash outlay the down payment only? I understand that you need $22K initially, but once the loan closes going forward you only have the down payment tied up in the property correct? That should make your cash and total ROI much higher.
1
Posted on 6/17/15 at 9:32 pm to geauxnc0308
Not dumb at all. I think you're right. I'll look into it in the morning and repost.
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