Commercial Real Estate Broker from Canton, Georgia
What does everyone think?? If this passes it could really kill a recovery and would make a great reason along with low interest rates to buy as much as you can as fast as you can now before it goes into affect.
Joel Owens, All World Realty
E-Mail: [email protected]
www.AWcommercial.com 678-779-2798 [email protected]
Commercial Loan Officer from Southern Maine, Maine
If that bill were to pass it would have severe consequences. Who in their right mind would even consider implementing a rule where a business had to service the debt with a DSCR of 1.7?
That's not even close to practical, let alone realistic.
Real Estate Investor from allentown, Pennsylvania
Whos great idea was this?