@realEstateTrent It's going to be a different number for different uses because tax treatments are different. A lender is going to look at it pre-tax because they don't inherit your cost basis. Someone who plans on dieing with the assets and step up the basis won't consider it either.
@robbiehendricks That's oversimplifying it quite a bit. Need compare it to the cost of debt at the time vs today. He is right in that you shouldn't be buying on a crazy income/growth projection, especially one without major upfront capital costs.
@waleswoosh Wow. It's as if a trustless society isn't so great after all...what about if there was a business that secured your money when you deposit it with them and that it was also insured by the federal government in the case of theft or fraud? That would be crazy right?
@FocusImages2024@SMohyeddin If you've ver walked for 3 minutes down Westbury you would've passed 3 yeshiva schools and 4 synagogues and the majority living there are orthodox but okay, you know best.