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Right and being underwater and recognized as underwater can topple an entire chain of loans that were used to secure other loans. One bad loan can topple an ent
by rdtwo 5y ago
Right and being underwater and recognized as underwater can topple an entire chain of loans that were used to secure other loans. One bad loan can topple an entire chain like dominos but this usally applies to small/med real estate groups. Large conglomerates have ways to segregate risk and leave investors holding the bad w
- bombcar 5y agoYou can use this to your advantage when negotiating if you can figure out a way for your official rent payment to be what they want but receive rebates or other cost cutting measures so the net payment is what you want.
- rdtwo 5y agoYeah that’s why new apartments will front load offers with 1-3 months free rent