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Weekly Reminder: The economy is great, inflation is fake and gas is cheap.
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<blockquote data-quote="Up In Smoke" data-source="post: 5815576" data-attributes="member: 79702"><p>friend around and find out. The properties in question were never meant to be payed down or off. These properties are refinanced every few years and their equity is used to invest in more. Notes are written as interest only payments with the ultimate goal of building a huge property portfolio. Borrowing from Peter to pay Paul only to use Paul to borrow from Peter.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5815576, member: 79702"] friend around and find out. The properties in question were never meant to be payed down or off. These properties are refinanced every few years and their equity is used to invest in more. Notes are written as interest only payments with the ultimate goal of building a huge property portfolio. Borrowing from Peter to pay Paul only to use Paul to borrow from Peter. [/QUOTE]
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Weekly Reminder: The economy is great, inflation is fake and gas is cheap.
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