7% is too high for big-landlord to big-landlord lending.

回答: 需要五万美元私人贷款.愿付7%年利.va_landlord2008-06-25 21:20:04

They are 8-figure guys and got to have a perfect credit record :)

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Doesn't matter -Wisdom101- 给 Wisdom101 发送悄悄话 (260 bytes) () 06/26/2008 postreply 07:21:54

So you are saying if the property goes default, the creditor -山高月小- 给 山高月小 发送悄悄话 山高月小 的博客首页 (119 bytes) () 06/26/2008 postreply 07:27:01

Come on, they are all rich role-models here. -stap- 给 stap 发送悄悄话 (2 bytes) () 06/26/2008 postreply 07:32:46

:) Aristotle Onassasis once said -山高月小- 给 山高月小 发送悄悄话 山高月小 的博客首页 (256 bytes) () 06/26/2008 postreply 08:13:13

Of course, if you can owe a bank $100 million, you -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (254 bytes) () 06/26/2008 postreply 08:28:38

So you imply theguy is a loser? :) -山高月小- 给 山高月小 发送悄悄话 山高月小 的博客首页 (0 bytes) () 06/26/2008 postreply 08:31:31

Can you comprehend? I've already explained very clearly -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (0 bytes) () 06/26/2008 postreply 08:35:47

Can you deduct the conclusion? obviously bank isnt willing -山高月小- 给 山高月小 发送悄悄话 山高月小 的博客首页 (194 bytes) () 06/26/2008 postreply 08:43:35

That's why I said all your knowledge is book knowledge -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (682 bytes) () 06/26/2008 postreply 08:58:46

If Fannie Mae think 4 houses is too much, why wouldnt private In -山高月小- 给 山高月小 发送悄悄话 山高月小 的博客首页 (452 bytes) () 06/26/2008 postreply 09:06:40

In a non-recourse loan, borrower's own credit standing -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (793 bytes) () 06/26/2008 postreply 09:15:52

Now you are so ignorant. Non-resourse loan is based -山高月小- 给 山高月小 发送悄悄话 山高月小 的博客首页 (469 bytes) () 06/26/2008 postreply 09:30:03

You don't know what you are talking about, totally confused -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (34 bytes) () 06/26/2008 postreply 09:33:33

You don't seem to understand the concept of financing -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (359 bytes) () 06/26/2008 postreply 07:36:36

Educate public, if the house drops the value, do I get my -山高月小- 给 山高月小 发送悄悄话 山高月小 的博客首页 (329 bytes) () 06/26/2008 postreply 08:07:37

Let me explain to you more about real life financing -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (829 bytes) () 06/26/2008 postreply 08:17:07

:) at 10% do you think he can make a business out from it? -山高月小- 给 山高月小 发送悄悄话 山高月小 的博客首页 (477 bytes) () 06/26/2008 postreply 08:26:16

By the way, I am not saying he will be default. -山高月小- 给 山高月小 发送悄悄话 山高月小 的博客首页 (272 bytes) () 06/26/2008 postreply 08:39:28

In a matured legal society, the trust is bound by contract -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (238 bytes) () 06/26/2008 postreply 09:10:00

Ha.. you have never done business deal. :):) -山高月小- 给 山高月小 发送悄悄话 山高月小 的博客首页 (17 bytes) () 06/26/2008 postreply 09:34:04

That is exactly what mean -Wisdom101- 给 Wisdom101 发送悄悄话 (271 bytes) () 06/26/2008 postreply 08:16:28

I will lend him money if he offers 10% haha -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (0 bytes) () 06/26/2008 postreply 08:18:37

10% -Wisdom101- 给 Wisdom101 发送悄悄话 (116 bytes) () 06/26/2008 postreply 08:39:48

10% is too low if your expected hyperinflation does happen. -stap- 给 stap 发送悄悄话 (18 bytes) () 06/26/2008 postreply 09:02:36

Very logical because the loan term is only for ONE YEAR -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (0 bytes) () 06/26/2008 postreply 09:06:30

You have no idea what hypeinflation can do in just 6 months- -stap- 给 stap 发送悄悄话 (29 bytes) () 06/26/2008 postreply 09:35:02

how about hyper inflation to wipe out leveraged debts? :) -山高月小- 给 山高月小 发送悄悄话 山高月小 的博客首页 (0 bytes) () 06/26/2008 postreply 09:40:42

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