Some questions

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  • zmt #4416

    1. Given the properties are built to order, and a margin can be anticipated in advance, why are profits and net cash flows fairly neutral?
    2. Where do lenders of this type generally rank compared to customers or Trade Creditors in the event of a default?
    3. This is a more general clarification request, but what is meant by “first loss investment” in the statement “first loss investment is available at rates of 14-16%? What is the difference for those bidding less than 14% versus those bidding at more than 14%? Where can I find more on how this works?

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