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Back on topic, let's say a hellhole costs $12,000 after a minor rehab, so what do you need these days... 20%? So you put down $2400 and rent it to some idiot for $400 per month and there you are with a 200% cash on cash (minus the time it take to get the motherfuckers in and out doing the work, minus the time it takes to get some moron in renting the place)
If you can put 10% down it gets SICK
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