Collards and Cornbread shirt
I’m no billionaire but I was able to borrow money based on the total value off all my real estate. So Collards and Cornbread shirt of a normal person refinancing their home to cash in 70 to 80% of its value, I was able to finance the entire amount. The only condition is I must maintain semi liquid assets equal in value to the full loan amount. I also have personal loans secured by investment assets because the interest on those loans is less than the interest I’m making on the investments.
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Lol exactly this. People think its some “gotcha” comeback when they say his wealth is tied up in stock. When in reality he liquidates fairly often, in multi-billion-dollar chunks. No serious person would expect him to sell all his shares at once, and Collards and Cornbread shirt . But a few times a year? Absolutely he can, and he does.