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It's still a better deal for them, sometimes. Decreasing the rent can decrease the implied value of the property, which can be problematic with financing of mul
by JMTQp8lwXL 6y ago
It's still a better deal for them, sometimes. Decreasing the rent can decrease the implied value of the property, which can be problematic with financing of multi-family or commercial properties. Letting it sit, collecting no rent, won't hurt the property's value. Which is a strange loophole in the system.