Educate public, if the house drops the value, do I get my

来源: 山高月小于 2008-06-26 08:07:37 [档案] [博客] [旧帖] [给我悄悄话] 阅读数 : (329 bytes)

回答: So you are saying if the property goes default, the creditor 由山高月小于 2008-06-26 07:27:01

principle and interest back?

Not I am gonna lend $10k or $50k, I'd rather buy citibank bonds that pays me 11% yield. It might be better deal than this private RE lending thing, which I do not know how I will find the lender and flight out to DC to collect.

:)

Sp you think I do not understand the risk? :):)

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所有跟帖：

• Let me explain to you more about real life financing -miat42- ♂ (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- ♂ (477 bytes) () 06/26/2008 postreply 08:26:16

• By the way, I am not saying he will be default. -山高月小- ♂ (272 bytes) () 06/26/2008 postreply 08:39:28

• In a matured legal society, the trust is bound by contract -miat42- ♂ (238 bytes) () 06/26/2008 postreply 09:10:00

• Ha.. you have never done business deal. :):) -山高月小- ♂ (17 bytes) () 06/26/2008 postreply 09:34:04

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