A
general rule to determine the purchase price
of the complex is multiplying your cash
input by 2.85 times. Example:
If you had $300,000 cash, you could purchase
a complex worth $750,000.
If you had $400,000 cash, you could purchase
a complex worth $1,100,000
The size of the complex will be subject
to there being sufficient income to repay
your loans, general living costs and taxes.
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