Not my deal. A friend who is not in the real estate business put a property under contract for $750,000. It appraised on the purchase for $1.7mm. For him its a life changer. See the appraisal commentary below:

@CramersShirt Monocle Man What about if it cash flows $150k a year on $200k down? Seems life changing to me. Especially since the guy probably makes around $100k in his day job.

@CramersShirt Marc Gilbert Monocle Man Who is paying 20% for commercial real estate

Lamar Norsworthy @CramersShirt Marc Gilbert Monocle Man if he’s paying 40%, it’s even worse!