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  • 1 Post By habel
  • 1 Post By Leonard Vice

Thread: Just How Much Money Can You Spend?

  1. #1
    habel is offline Renter
    Join Date
    Sep 2011
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    Default Just How Much Money Can You Spend?

    Now, we’re talking about something that hits home real fast when it’s about coming out of pocket with hard-earned money in the “hope” that it will come back to you in the form of truly motivated sellers. If you’re first starting out in real estate investing then it’s imperative that you have a short-term budget to work within so that you’re not forgetting about paying for all the other necessities in life: food, shelter clothing!

  2. #2
    fuzzibunzul is offline Renter
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    May 2012
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    Default

    It is depend on the property or product as well the money always become less when you are going for shopping and so that you need more money.

  3. #3
    Leonard Vice is offline Condominium
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    Feb 2012
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    Default

    Just enough to start a good investment. Well, if you are an investors, money is not an investors, your best concern is not just about the money or ROI, but the feasibility and productivity of the location you're planning to invest into.

  4. #4
    Scintillion's Avatar
    Scintillion is offline Fixer Upper
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    Jan 2012
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    Default

    Well said, habel. Wouldn't want to buy a house and then not be able to pay the light bill because you have no money left over.

  5. #5
    Leonard Vice is offline Condominium
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    Feb 2012
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    Default

    You can start off with a home loan - but that is if you have enough income to pay for it. (for example you do not have enough money at hand to pay or buy a property.)

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