JF2734: 3 Creative Ways to Find Commercial Development Deals ft. Glenn Kukla
The Best Ever CRE Show
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How Did You Financing the Purchase of the Note?
After we'd defaulted on the loan. But told chase bank that we wanted to work through this and we stole it n to manage the property. They said, yes, you can manage theproperty. Just send in your pianil here,. Your profit los statement and send in 92 % of your cash flow. And they then sold it to private capital company, who bas as our new lender. So we started sending them the mortgage payment. They actually adjusted the mortgage on to set canor mortgages two and a haf millions. Their payments only eight thousand dollars if month, not 12 thousand. That point rentsar going back over. Like, greatd we can start doing the full monthly
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