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  1. L

    The mysteries of finance - Pls explain

    Reply: 2.2.1.1 From: Les . G'day all, With 80% lend on $1m worth of IP's, the deposit is $200k - but if they own 8 properties, then they are each only $125k. Now, what's the equity/cash required to buy #1? Of course, allow a bit more for costs and cosmetic reno and you might be pushing...
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