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Two assumptions: 1. You have the money coming in from other rent to pay the interest.
2. Your aim (like all of us here) is to make enough out of RE not to have to work
Would you rather: Owe only $50,000 on a new house worth $380 which you then live in and use the equity in or (in this flat climate),
pay the interest on this amount and and invest the $380 in other housingFern
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