Collateral Rental

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Posted by John Johnson on December 09, 2002 at 13:10:59:

I find your article intriguing on Collateral Rental concerning the $ 350,000 house.

However, I don't understand some things.

Note created for the $ 270,000 balance on the property.

Compensating note to the investor then for a higher interest so the investor can achieve the spread.

Paragaraph above is the one I don't get.

Please explain.

thx,

jj

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