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by maerF0x0
1164 days ago
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If you're going to think of leverage like that, leverage works both ways on expenses though. 150x leverage means 150x cashflow burden from taxation (> 100%!) and also maintenance costs of the property. See https://news.ycombinator.com/item?id=35044028 where I laid out how a real estate purchase is really a mix of multiple investments packaged into one sale. |
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