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Updated about 7 years ago on . Most recent reply

Kavindu Anjana's profile image
Kavindu Anjana's profile image
Kavindu Anjana
  • from Colombo, Western
  • Member since Nov 4, 2017
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Kavindu Anjana's profile image
Kavindu Anjana's profile image
Kavindu Anjana
  • from Colombo, Western
  • Member since Nov 4, 2017
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Kavindu Anjana
  • Colombo, Western
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Private Lending & Conventional Mortgage Advice

real estate financing

Kavindu Anjana
  • Colombo, Western
Posted

interest rate in my country for a mortgage loan is 15%. I found a great deal for a buy and hold property. But with a down payment of 20% and a 30 year mortgage loan it will take 2-3 years to obtain a positive cache flow. What should I do? I only have a capital to pay the 20%.

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