LA Times: President Obama buying in Rancho Mirage?

Ira Meltzer mention in LA Times: President Obama buying in Rancho Mirage?

One Million Dollar Plus CEO, Managing Director, Ira Meltzer, has a history of sharing his expertise with the Los Angeles Times.

With mortgage interest rates still near historic lows, he added, “we would have encouraged him to take a loan and stimulate the economy.”

…Meltzer said he thought that Obama would keep any purchase under $5 million, if only for appearance’s sake, and buy through a third party.

“Normally these things are bought through a donor in an LLC [limited liability corporation] or a trust,” he said.

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