Sorry, in the end I got distracted with work and I didn't even make my actual point:
Even if you can somehow turn 25k into 105k in 5 years, it's still better to do it by borrowing fiat at a much lowe...
Seems to me this is the value proposition of a hard money lender. Think of it from the lenders position. He fully expects for you to fail.
He wants the money and/or the collateralized asset that is hopefully a cashflowing asset. If the lender sets his terms well enough, he could end up with all of his money back plus some and a cash flowing asset that continues to strengthen his position.
Saylor strikes me more and more like a monopolist.
He wants the money and/or the collateralized asset that is hopefully a cashflowing asset. If the lender sets his terms well enough, he could end up with all of his money back plus some and a cash flowing asset that continues to strengthen his position.
Saylor strikes me more and more like a monopolist.
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