NPC: I want a loan to become a crapshack slumlord. Riches!
Bank: Well, AIRDNA says this rental property should be netting megabucks per year. Approved! (Let’s get this crap off our books and sell it to an investment bank).
Investment bank: Yes, this AAA rated MBS contains cashflow positive rental gems, Here are the AIRDNA reports.
Widows and Orphans Fund: Yowzer! This will bail out our huge funding deficit. Where can I get more?
NPC: I want a loan to become a crapshack slumlord. Riches!
Bank: Well, AIRDNA says this rental property should be netting megabucks per year. Approved! (Let’s get this crap off our books and sell it to an investment bank).
Investment bank: Yes, this AAA rated MBS contains cashflow positive rental gems, Here are the AIRDNA reports.
Widows and Orphans Fund: Yowzer! This will bail out our huge funding deficit. Where can I get more?