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Updated over 4 years ago,
Deal Analysis Help Please
Webinar tonight said 1 criteria is to yield $100-$200/month positive cash flow. Questions: 15 year mortgage vs 30 year mortgage. Large down payment vs Low down payment. I can "make" any deal generate positive cash flow by extending term of mortgage and increasing down payment. What is "rule of thumb" for length of mortgage and % down payment when calculating monthly cash flow for deal analysis? I'm not trying to leverage these to "make" a deal look good. I'm trying to ensure I don't artificially make a deal look good when it's not. thanks