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Old 10-10-2004, 01:55 AM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,625
cap rate versus interest rate on the mortgage. If the cap is lower then the interest rate then you will get reverse leverage with a mortage. High end properties do this sometimes.

I have seen it in places where properties sell for a million or more and you can rent them for very little.

Seconday thought: Put your money into better postioned normal real estate and skip it.
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