Cathy D
B
Trump can’t get bond because they won’t accept “real estate”. However if you own real estate you can get a loan /mortgage against your property to raise cash. The fact he hasn’t done that tells me he’s upside down in all of his properties.
04:06 PM - Mar 20, 2024
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Jim Plunkett
A
In response to Cathy D.
Upside down, or at least close to zero effective net equity. I just read that James will likely not take Trump Tower in NYC because it has a $50million loan against it. IDK the numbers, but it wouldn't surprise me that the trial showed that it isn't worth that much.

Hope no special court treatment
04:58 PM - Mar 20, 2024
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