Quote:
Originally Posted by 320icar
Use the money to buy a new apartment. Charge rent the same as the mortgage payment. Just about everything in a new build has a 10 year warranty so as a landlord it’s pretty low risk. Sell after 10 years and bank the appreciation
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There are 0 new apartments that you can buy with $50k down and have the rent cover the mortgage payment, strata fees and property taxes.
-Mark