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-4

(Con) Any real estate with a HoA payment sucks. For this reason, take it as a chance to dump it. Never again buy any real estate with a big HoA-type cost. (Pro) In the 10-20 year time frame, real estate will usually drastically increase in nominal value, and since real estate is the only investment civilians enjoy leverage on, this is the very reason that ...


12

What you paid for it originally is of no financial consequence, just emotional. Your only reason to keep it from a value standpoint would be if you are pretty sure the value will go up in the future. So let's look at it from an ROI standpoint: At 4.125% APR, you're paying about $480 per month in interest and $260 in principal, so your net profit from renting ...


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