Loans dont work that way in 2014. There is no bank in their right mind who would grant a loan to buy this, even at 90% down. The 2007/8 crash changed how banks

Loans dont work that way in 2014. There is no bank in their right mind who would grant a loan to buy this, even at 90% down. The 2007/8 crash changed how banks and loans operate. If anyone lent any money, it would be private investment- But those guys generally dont fuck around for sub 10mm deal size. This is one dude using his own/biz's money/