Sunday, June 8th, 2008...12:03 am
making cash flow even/positive
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= P.I.T.I.H. My break-even point is *even* cash flow. The way I see it is that I can own a sharply discounted properties with nearly 100% bank financing. The rental income is even with P.I.T.I.H (principal, interest, tax, insurance and HOA fee). My cost is literally zero in owning this [...]
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