How To Mortgage Property In Monopoly Ps4

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So You Wanna Be a Monopoly Mogul, But Money's a Little Tight? How to Mortgage Like a Boss on PS4

Ah, Monopoly. The game of ruthless deals, questionable friendships, and the ever-present threat of bankruptcy. But fear not, fellow property tycoon! Even the savviest investors face cash flow woes. This is where the majestic art of mortgaging comes in, my friend. Let's unlock the secrets of this financial maneuver on your trusty PS4, and turn that frown upside down (or at least make sure it's your opponent who's frowning).

How To Mortgage Property In Monopoly Ps4
How To Mortgage Property In Monopoly Ps4

But First, Why Mortgage?

Let's be honest, sometimes Boardwalk and Park Place just aren't bringing in the Benjamins you need to avoid that pesky loan shark, Mr. Banker. Here's when mortgaging a property becomes your knight in shining armor:

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  • Need a quick cash injection: Rent just isn't cutting it, and that hotel on Marvin Gardens is looking mighty tempting. Mortgage a less profitable property to boost your buying power. Just remember, with great power comes great responsibility (and interest payments).
  • Strategic Defense: Stuck between a rock (landing on your opponent's property) and a hard place (owing them a fortune)? Mortgage a property to avoid financial ruin. This might not win you friends, but hey, survival of the fittest, right?

Important Note: You can only mortgage a property if it's completely free of buildings. So, sell those tiny plastic houses back to the bank at half price (thanks for the rip-off, Mr. Banker) before you proceed.

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Mortgaging Made Easy: A Step-by-Step Guide for PS4 Players

Ready to become a master mortgagist? Here's how to do it on your PS4:

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  1. Land on a Property You Own (But Don't Really Like Right Now): Let's face it, not all properties are created equal. Boardwalk might be a dream, but is that flickering orange light on Virginia Avenue draining your resources? Time to cut your losses (temporarily).
  2. Bring Up the Property Menu: While on your property, use the X button on your PS4 controller to bring up the options menu.
  3. Mortgage Magic! See that delightful option that says "Mortgage"? Select it with a triumphant flourish (because you're a financial genius, obviously).
  4. Cha-Ching! (But Not Really): The bank gives you a loan for half the property's value. This might not be the windfall you were hoping for, but hey, it'll keep you afloat (for now). The actual value of the mortgage is conveniently displayed on the back of the property deed, so you can do some quick mental math if needed.

Remember: Mortgaged properties are like sulking teenagers. They don't generate rent until you un-mortgage them by paying back the loan plus 10% interest. Ouch. But hey, at least you'll have that sweet rent money flowing again.

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Mortgaging Mastery: Tips for the Savvy Investor

  • Don't Be Hasty: Mortgaging shouldn't be your first move. Try selling properties to other players or trading for something more profitable before resorting to the mortgage market.
  • Target the Right Properties: Mortgage properties that are less likely to land you hefty rents. Who needs to worry about that measly $30 from Baltic Avenue when you can be scheming for Boardwalk riches?
  • The Un-Mortgaging Hustle: Don't forget, you can un-mortgage properties at any time! If you find yourself flush with cash, consider buying back your mortgaged properties. This will free them up to collect rent and potentially allow you to build those rent-boosting houses and hotels.

With this knowledge, you're well on your way to becoming a Monopoly mogul, PS4 edition. Remember, mortgage wisely, my friend, and may the odds (and the dice rolls) be ever in your favor!

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marketwatch.com https://www.marketwatch.com
consumerfinance.gov https://www.consumerfinance.gov
fortune.com https://fortune.com
fanniemae.com https://www.fanniemae.com
cnbc.com https://www.cnbc.com/mortgages

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