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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: russwinter who wrote (14861)11/6/2003 11:34:23 AM
From: TradeliteRead Replies (1) of 306849
 
<<You think they just pay with their own cash? It's always other people's money>>

In my question to you about where the money comes from for commercial lending on, say, an apartment building, I didn't assume it did NOT come from other people. I was asking whether how much of it actually comes from a bank.

Much of the on-the-side lending in all types of real estate comes from sources other than banks. I was wondering whether, these days, it's still flowing to the commercial sector from private investors using their own cash, individually or in pools/groups.

Recently read a story about an Atlanta real estate mogul who is buying up commercial properties like crazy....all with his own money.
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