Do you really think I dont know this and be in RE longer than you?
Besides, look at financing he got for last property that he posted on TZLC, he already got equity out from his other properties. he is spread thin and now want some one else's money for the deal. It will be a dominol effets if one of his properties failed.
If you are so sure about his ability to manage those deals, so be it. You lend.
My knowledge from book? :)
If Fannie Mae think 4 houses is too much, why wouldnt private In
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In a non-recourse loan, borrower's own credit standing
-miat42-
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06/26/2008 postreply
09:15:52
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Now you are so ignorant. Non-resourse loan is based
-山高月小-
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06/26/2008 postreply
09:30:03
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You don't know what you are talking about, totally confused
-miat42-
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06/26/2008 postreply
09:33:33