«But first - recall how you used to try to
collect margin money by first asking the customer to provide a contact at his bank who could confirm that he had sufficient funds in his account and that he had initiated the wire.
Not exact matches
Brokers make a good part of their
money by
collecting interest on
margin loans.
Brokers make a good part of their
money by
collecting interest on
margin loans.
Basically: buy land, put prefabs onto it and develop a «gated community»; sell the prefabs via financing, instant approval no -
money down,
collect a decent profit
margin across time while also
collecting rental income for the land underneath.
Most hard
money lenders are typically trying to
collect a 12 % interest rate for their risk and their
margin (if the funds are not their own).