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submitted 1 year ago by Custoslibera@lemmy.world to c/memes@lemmy.ml
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[-] PatFussy@lemm.ee 9 points 1 year ago* (last edited 1 year ago)

Using equity from current property to buy a new property? LOL

My friend, you are begging for pain... but appreciate it. Live that grind til you get repo'd

[-] phoneymouse@lemmy.world 3 points 1 year ago

People do this, it’s called “refi and roll.” The idea is to find properties that pay more in rent than they cost to upkeep.

this post was submitted on 02 Oct 2023
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