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Poster Name:
remax

Poster Message:
6.5% on $1.5m (high but this is non-recourse rate) your payment would be $13k/month on a 15 year fixed. I would factor in another $3k a month for property taxes and other similar expenses. I know people are going to argue the rate but I have experience in this area and no lender is going to give your 3.3% on a frat. Too much risk!