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Re: Major Profits post# 76596

Thursday, 05/04/2017 6:30:51 AM

Thursday, May 04, 2017 6:30:51 AM

Post# of 221864
If, I owned that property and owed $1.9M on it and the bank said I defaulted and they were taking it back I would celebrate...
That thing is worth $250K absolute max..

Also short any bank that would put anywhere near that much loan on such property. It would take a. $1M remodel to make this worth half. At some point you have to walk away....