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Old 01-28-2007, 08:13 PM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,625
Yes

Yes

But you can find deals. The crazy thing is your main business makes cash so I would devote more time to that and just buy a really nice property that is cash flowing. I buy commercial real estate with my left over cash. It makes around 18% a year return in the long run. I put 25% down or so.

I used to do real estate full time so i know about good deals etc and finding something 10% below value is not that hard in smaller stuff. As you get bigger it is harder and the real gems of 20-25% off are almost non existent. So on a 250k deal you are maybe going to save 25k after months of looking. If your business makes more then that, you might want to just think about focus.
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