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Note on every dollar of income accepted for mortgage
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Borrowers have to jump through more hoops to win approval, laws, and sometimes a higher down payment.
The 2 Rule states that if the monthly rent for a given property is at least 2 of the purchase price it will likely cash flow nicely It looks like this monthly rent purchase price X If X is less than 002 the decimal form of 2 then the property is not a 2 property.
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