Unlocking Hidden Goldmines: Why Now Is the Perfect Time to Dive Headfirst Into Multifamily Investments (We’ve Already Started)
Speaker 3:
That’s what they did.
Kathy:
And the market didn’t allow you to get any more loans over 10. It used to be before that you could get an unlimited number of investor loans. So here we are. It was so hard to find any money anywhere. This was before I was syndicating and we were just like, we have to come up with 600,000 cash now. Gosh. Which we didn’t have.
Dave:
Oh no.
Kathy:
Or hand ’em back. So these beautiful homes where we put a bunch of money into ’em, we just had to hand back to the bank. It was very hard. So once you’ve done a short-term balloon note like that,
Post Comment