View Single Post
Old 09-04-2004, 07:20 AM  
GTS Mark
Vrume Mark
 
GTS Mark's Avatar
 
Industry Role:
Join Date: Jan 2001
Location: Toronto, Canada
Posts: 20,912
Quote:
Originally posted by Peaches
YOUR interest rate doesn't go up if you have a fixed rate. And since he's renting them out, he will actually have MORE renters the higher the interest rate as fewer people will be able to buy
The mortgage will be like $1500-1700 a month and the rental income currently is around $3500 a month.

DH
GTS Mark is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote