Replying to @eppersonsam @CaseyMericle
They can trade that equity for a note or other free and clear real estate also. Still wrap it to the buyer but now they go from equity behind loans with negative cash flow to free and clear equity with positive cashflow. Can borrow against it too?
$30,000,000 cash with a $10,000,000 industrial property as a must take.
Seeking 40 million commercial property. Value add preferred or stabilized with some kind of upside.
#retwit
Replying to @CaseyMericle
Only to have the agent say no they didn't want to do that one minute later.
Replying to @CaseyMericle
The comet. If I remember correctly he was using somebody else's free and clear land as a down payment for the equity in someone's home.
But he gave them the land and he gave the land owner a 2nd on the home. And he became the owner subject to the 1st bank loan and 2nd seller of land loan.
He had nothing in it and he had no limiting factor other than making offers on houses and lots.
Replying to @AndreasSteno
Don't worry. Iran will be over soon.
Replying to @CaseyMericle
Is it?
I didn't tell him which free and clear home and he didn't tell me how many he has going.
Replying to @CaseyMericle
All his profits for the deals he has going for one single home free and clear.
Competitor in the manufactured home game called me.
First thing he asked me was, how bad is it on our end.
I said it was slow. But selling.
He said he had one on the market for 3 weeks with zero showings.
Says he's got a lot of hard money he'd like to get rid of.
#retwit
Replying to @HunkyDoryTX
Right. I'm calling them "not creative finance experts."
When you hear somebody call and they just ask lots of questions and then make an offer that actually makes sense that might not be all cash. Then you are talking to somebody that probably knows what they were doing.
Replying to @HunkyDoryTX
Anyone actually offering "creative finance" options will never say either of those words. They are just going to ask questions, and listen.
Replying to @MarioNawfal
Went to a secret after hours club in palermo.
Just ask one of the people outside of the restaurants trying to bring you in. They know all the after hours spots.
Replying to @robbi_fahey
If they give in the whole country turns into bucha. Not a solution either. If they thought it would be some benevolent invader they probably wouldn't be fighting them. Maybe they would have invited them in as a liberator. But that's not what it is and not how it happened.
