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Real Estate
Reply to "Anyone Sell Recently for Less than or Marginally More than you Paid?"
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[quote=Anonymous]That depends. If the person holding a rental mortgage is receiving rental income, the answer would be to hold on to it and wait. We sold 3 rental properties - condos - between '05-'07 and made over $700K and during that period, had a positive rental income. We just purchased a short sale condo in DC and will again have a positive cash flow after paying the mortgage and condo fee.[/quote]
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