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Updated almost 5 years ago,
Negative cash flow on a 100% financed deal ?
I am looking to buy a property that would be 75% financed by a bank and 25% with a private loan.
Because of that, the cashflow of the property would become negative. It would cost me 20$ per door per month. (considering very conservative numbers)
Can this still be a good deal for me since I put 0$ down ?
If I consider that I would of put the 25% cashdown myself, it would make 60$/door per month (and that is with, once again. conservative numbers, so it would in reality propably be more like 80+$/month per door)