5 ms·
That seems like a bad investment. It would take 4-5 years to break even, IF the building is fully rented.
by menloparkbum 18y ago
That seems like a bad investment. It would take 4-5 years to break even, IF the building is fully rented.
- jonknee 18y agoWhat do you mean break even? Take in $80,000 in rent? I'd say buying the building and taking in more money every month in rent than I'm paying on the loan is more than breaking even. And that's day one.
- menloparkbum 18y agoyeah, I replied to your other comment above. I didn't know the loans were so cheap.