real return is higher than 30%

If you factor in tax advantage.

All interests and negative cash flow payment is not up front. They are paid in the 1st, 2nd, 3rd, and 4th years.
That will change your time cost of money calculation.

所有跟帖： 

• Besides, you don't need to down pay 20%. You can borrow100% -miat42- ♂ (148 bytes) () 06/01/2007 postreply 11:35:05

• Normally it does require 25% down in Canada. -cultuslake- ♂ (0 bytes) () 06/01/2007 postreply 11:39:34

• Not in USA -miat42- ♂ (0 bytes) () 06/01/2007 postreply 11:43:13

• You're fortunate. -cultuslake- ♂ (135 bytes) () 06/01/2007 postreply 11:48:09

• 这种机会很少 -芦苇葱葱- ♀ (137 bytes) () 06/01/2007 postreply 11:53:27

• I understand -miat42- ♂ (0 bytes) () 06/01/2007 postreply 11:58:25