PS this product could do well in the private sector but private folks are going to want 12 to 20% apr returns.. so you would be taking a big haircut to sell a partial.

Expect a 50% haircut. 

Everybody is taking a haircut in this event . 

He suffered through another episode of depression and didn't bath, showered, shaved or got haircuts for months.

I found out that active duty cannot deduct haircuts anymore. 

I found out that active duty cannot deduct haircuts anymore. 

Just wondering how people work around how banks look at rental income taking a 75% haircut.

Sometimes banks don’t get that “short sale” means the property is worth less than retail, regardless of their loan.It’s much more streamlined now, but there are still wildcards based on the banks needs-one quarter they might not budge off their price, the next quarter the order comes down to take whatever haircut is necessary.

While this may be a small haircut for the price point, it does make me nervous also.

I've seen it in my own underwriting--with my ultra-pessimistic assumptions built into my model, I'm seeing a 20% to 25% haircut on pricing which means that a 4.5% cap rate is now closer to a 5.5% cap rate and might creep up even higher.