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All Forum Posts by: Jeremy Viele

Jeremy Viele has started 1 posts and replied 12 times.

Post: F1RST post Hypothetical!

Jeremy VielePosted
  • Professional
  • Springfield, IL
  • Posts 12
  • Votes 1

So the thing about it is, interest rates are irrelevant in this scenario. It comes down to having 3 bridges and having to burn one of them. Bank (aka conventional credit), Family(faithful credit), or Private lender (reputation based credit)  Which would you burn?

Post: F1RST post Hypothetical!

Jeremy VielePosted
  • Professional
  • Springfield, IL
  • Posts 12
  • Votes 1

This is my first post, and what better way than with a hypothetical sticky wicket?! You have debt with 3 people. You only have the money to pay 2 of them. The lenders are a bank, your parent, and private financer. Which 2 do you pay?

I just discovered this network and love it. I currently own 4 properties, one being a hack house. All in Illinois. I'm pumped about growing!