I just had lunch with a couple who have a retired friend who put down 400K on a 600K vacation property and wanted to finance 200K and the bank wouldn't lend him the 200K because he didn't have a job. He's retired, with a $10 million net worth.
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I just had lunch with a couple who have a retired friend who put down 400K on a 600K vacation property and wanted to finance 200K and the bank wouldn't lend him the 200K because he didn't have a job. He's retired, with a $10 million net worth.
ReplyDeleteNice work, bankers at BofA.