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The law and executive statute are silent on the issue, which leads us to conclude that you may be able to convince a financing company to allow you to purchase a second piece of real estate on a mortgage provided you already haven t maxed out payments at 40% of your monthly income and that adding on another mortgage won t bring you above that magical threshold or see you making payments above the age of 65. The facility may serve as collateral for the new loan. Well Fred i think you shot just about everybody there. 
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