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Updated over 4 years ago on . Most recent reply

Dennis Blackburn's profile image
Dennis Blackburn's profile image
Dennis Blackburn
  • Member since Jul 20, 2020
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Dennis Blackburn's profile image
Dennis Blackburn's profile image
Dennis Blackburn
  • Member since Jul 20, 2020
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Dennis Blackburn
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Buying & Selling Real Estate

How to buy quickly, buy more properties

Dennis Blackburn
Posted

I bought one rental, put in 25 percent.  Paid 258k, appraised 295k a month ago.  Owe 194k.  Have private residence, house costed 495k, Owe 475k put 60k in basement, rent basement for 1250 a month.  House appraised for 600k a month ago.  I have equity.  But based on these figures, how can I buy another house.  I only have 40k liquid cash in bank 

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