If some lender's in financing base the performance and the cash flow abilities on some apartment buildings con

In Buying Property - Asked by Ronnye L. - Feb 3, 2012
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Tayyar E.
La Jolla, CA

I think all the lenders will finance based upon the performance and cash flow as well as their own underwriting criteria.The only circumstance where they dont use the past performance is when the property is new construction. In that case the appraisar use the number for the neighbourhood and use their underwriting expense figures to finance.

Feb 22, 2012
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