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They loaned him a lot of the money that he used to buy the properties. It remains to be seen how the loans are structured, but it's possible that the company ca
by knd775 7y ago
They loaned him a lot of the money that he used to buy the properties. It remains to be seen how the loans are structured, but it's possible that the company can call in their loans and put him in a position that he needs to sell properties.
- anaphor 7y agoWouldn't he still be making money on the sale, unless the loans gain the same amount of interest as the amount the properties have appreciated by?