Msg. 10466 of 10509 (This msg. is a reply to
10463 by
Beldin)
Jump:
Beldin: "At one point, I had a CD at da bank earning 22%." Yep. I remember that! Around that time I walked into a local bank and asked them what their loan rates were on houses. They said something like "23%...but if you apply we know you are not a good risk".
It was a year or so after that that loan rates fell to 11% and I started buying residential real estate for investment.
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