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If you take out, say, that 80% of the 1 mill value and conservatively invest it, take into consideration that, at 6% interest, your monthly payoment will be $4,796 for 30 years as an example (total 30 year cost of $800,000 = $1,726,560). Interest only loan would be $4,000 per month. Make certain that the investment you make pays considerable more than that and consistently.
I tend to be a conservative investor. Others have much higher risk tolerance than I.
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Bob S. former owner of a 1984 silver 944
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