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#11 |
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Senior Member
Join Date: Jul 2007
Location: Gilford, NH
Posts: 340
Thanks: 280
Thanked 90 Times in 62 Posts
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if either parties need to go the bank, the bank will decide on its value based on income (capitalization rate). I'm certain both parties have accountants who have done the math and know how much cash they have on hand for such a transaction. If current tenant gets those two extra years, they have the advantage . . . and I could go on.
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