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Reply to "Rule for buying house if you have net worth but not much HHI?"
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[quote=Anonymous][quote=Anonymous]I would seek to generate cashflow from said wealth and use that as income to qualify for housing. You should not buy a home that you cannot support on existing cashflow. [/quote] ^This Cashflow is the most important thing. High net worth is useless if at the end of the month you don't have the cash to pay your mortgage. Put enough money down to be able to pay your mortgage on your HHI.[/quote]
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