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Old 10-30-2007, 03:49 PM
Henry17 Henry17 is offline
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Join Date: Aug 2007
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Default Re: You have $400k in cash, buy House with it or rent & invest

It depends on what he buys. Older properties would need repairs but something new should be pretty maintains free.

He also needs to consider what he could buy for $400k vs what he ends up renting. The property has to be the same value. Comparing a cheap rental to a nice owned property ignores quality of life issues.
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