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Absolutely. And at 100% on the value of the property, not the amount of the loan.

Doubling equity to $1.8 million sounds great but you have to pick the right 10 years. Property doubles every ten years only when looked at a long time frame. I had houses that tripled in 6 years and others that done squat for 10 years. Depends when in the cycle you buy. Besides that $1.8...