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#16
07-20-2012, 08:03 AM
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Joe- if you buy a second house for rental, and the rent income pays for the mortgage, taxes, and upkeep, it's hard to imagine it won't work out. But always built into that formula was the idea that the property would increase in value. I don't think you can count on that any more. So factor everything in and see if it still makes sense for you.
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