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It is actually an advantage to purchase a house (if you're intending to rent it) to have tenants already. It makes it easier to get financing for it.
Eminem's house in Warren, MI was up on E-bay. It originally went for over a million (and it isn't worth anywhere near that as a house goes). I think the original purchaser couldn't come up with financing and it went up again. The second time, it sold for much less!
Dee
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