Quote:
Originally Posted by SumAznGuy
Yeah, at $2.1M range, that, imo, is way beyond their means but to them it makes really good sense to have those 3 rental incomes.
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Carry a 1.8 million mortgage at $6000-7000 a month an bring in $3000-$4000 in rental income is very doable. Is it smart? Not sure. Risky if the house value drops but great if it increases as your mortgage is being paid.
Basically what everyone is doing.