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Reply to "Sell or rent out starter home?"
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[quote=Anonymous][quote=Anonymous]"Starter" homes/condos are incredibly stupid.[/quote] Disagree. I've been renting the townhouse I bought before I got married. I've had great luck with tenants and manage it myself. The rent is more than 2x the mortgage payment and I've been able to pay off most of the loan. I bought for under 200k. They are selling for around $500k now. The mortgage is under 30k.[/quote]
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