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By Jonathan Dalton (registered) | Posted July 06, 2012 at 11:36:06 in reply to Comment 79282
Of course this guy could probably finance the whole thing out of pocket, but that is not typically how these guys roll. He will be making 8% with his own capital, lease the building out and borrow at 5%, making 3% for nothing while raking in the rent. God, I love capitalism. Oh well, it's how cities were built for a long time.
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