Posted 30 November 2004 - 05:25 PM
Give me some suggestions.
Posted 30 November 2004 - 06:52 PM
For that low loan-to-value, my guess is that it is either distressed or unproductive such as land.
If on the other hand, you have income producing property that cash flows enough to pay a higher level of debt, you are talking a different situation here. Of course, the loan-to-value is not only dictated by purchase, but also by appraised value so that might be another reason for the low number.
Posted 01 December 2004 - 06:48 PM
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