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754: EVERYTHING You Need to Get Your First Real Estate Deal Done in 2023

BiggerPockets Real Estate Podcast

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How to Use a Calculator to Determine if a Property Is Worth Pursuing

Using a calculator, you can determine whether or not to pursue a property. The mortgage was the biggest part of your expenses there. You could change that interest rate to 6.25 and assume that maybe you pay a couple points to get that to see if it makes a big difference with the price. When you go to then pursue that deal, you tell your agent, I will offer 125 for that property.

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