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Updated almost 2 years ago,
Maximum allowable offer (MAO)
Hey everyone, looking for some help on a rental property situation I’m having trouble with, I know how much cash flow I need to make it a good deal for me. I know how much I can spend on the mortgage payment monthly based off rents minus expenses and my needed cash flow to make it worth while, with that being said. Once I know how much I can actually spend a month on a mortgage payment to make the numbers work how do I go about getting that said number for the mao on the property