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Alaris Royalty Corp ALARF

"Alaris Royalty Corp is engaged in investing in operating entities. Its operations consist primarily of investments in private operating entities, typically in the form of preferred limited partnership interests, preferred interest in limited liability corporations in the United States, loans receivable, or long-term license and royalty arrangements."


GREY:ALARF - Post by User

Post by Ogopogo007on Jun 27, 2019 10:35pm
247 Views
Post# 29872411

Had a chat with an Alpine broker

Had a chat with an Alpine brokerThought I would check out the new partner. Got hold of a broker in BC. Rather interesting talking about a morgage...Alpine will lend ~ 70% of the appraised value of the house. 10 - 11% interest rate. Zero interest in how much money i made. perhaps targeting families that will live 3 - 5+ in a house, pay it off, buy another one. Elders are babysitters & everyone works.

soooo...ignoring administration costs, house value would have to drop 30% before Alpine is under water.....not a short bet i would want to make + pay the div while short. 

don't overlook it's CDN taxpayers that are on the hook for CMHC shortfalls...NOT BANKS

Check out Garth over at greaterfool.ca for more on that
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