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Recent content by Dan333

  1. D

    Residential or commercial mortgage?

    Hi everybody, first time poster long time reader. I recently have the opportunity to purchase a 5 door appt. building (4 2 bedrooms 1 bach.) by my calculations 8 percent cap rate. Rent Income 35400 Operating costs 12390 (35 percent) List price 289000 The building is in a good area in Manitoba...
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