Real Estate Degenerate. Opinions are free the foolishness you’ll pay for. DM like you own the place.linktr.ee/caseymericle Flyover CountryJoined March 2012
My offer to fellow Chicago area real estate owners/investors
My entire Rolodex is open to you
- Need a lender? Whether $2MM or $100MM, I’ve got great options
- Need high quality, but cost conscious cabinets? Been using two different local groups for years now
- Need a…
Wise RE sage says to me today
Casey, do they have credit scores in heaven?
Me: No
Sage: If you’re 80+ are you getting another loan?
Me: No
Sage: Will that big 2nd mortgage negotiate if the 1st forecloses?
Me: 🤔
The following is a brief explanation on your levered yield as a lender. I’ll start with a bridge loan origination then move to an NPL.
Bridge Loans
The following assumes there are no payment issues and only the origination fee is held back from the loan proceeds.
More leverage =…
@JustinPugh intro speech. Had a chance to chat earlier in the evening and he is a quality individual and a true gentleman. What he’s doing for his fellow athletes is amazing. Give him a follow.
2017 – friend wants to do a partnership to do a land deal
I don’t do partners
“What’s the deal?”
I’m trying to buy some land, but I don’t have the money. “How much?“ 300 K.
Make a deal. I’ll buy it for 300 K at 100 K to it and you could have it anytime or next 12 months.…
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Pivoted from Big Tech Robotics Engineer.
Here to exchange lessons learned.
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Comments are not official statements of Vecino Group nor BW A/E.
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