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RE: Should We Buy a Rental Property?
I missed the price first read. $74,000
Is not to bad. As long as your putting a good chunk down and property taxes are not insane there I would be more open to it given the 74K price...
We figure we'd pay cash in full... unless it makes more sense to leverage the debt... Which I hear is a thing. $700 a year for property tax.
But i certainly agree about the correction thing...
Paying cash in full, do it 👍