Home › Forums › Housing › Real Men of Genius: Mortgage Broker Mike Railey › Wow. I realize I should
Wow. I realize I should have some pithy, or topical comment, but all I can come up with is: Wow.
“This should turn out well”. Yeah, huh?
$12,200 per month in carrying costs! If this guy is struggling now, wait till the full effect of his new monthly burn rate hits.
I hear those Bosa developments are also in the firing line as far as pending latent defect/construction defect lawsuits go as well.
Greed and stupidity are a lethal combination.