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Re: None

Wednesday, 12/09/2020 10:13:48 AM

Wednesday, December 09, 2020 10:13:48 AM

Post# of 31709
One can not only look at the amout of debt service. This was a hard asset that was purchased and also came with an instant equity position. Touch over 2mil worth of equity if I remember right. When your in the real-estate business equity is almost equivalent to a cash position and can be leveraged as such.