Greenwood

Greenwood replied to the topic Investment Opportunity 9.85% in the forum Creative Investing 3 years, 10 months ago
Hi Richard.
Thank you for the helpful information.
Just before the lockdown, I had two private investors, through a solicitor, that were interested in the proposal. However, when it all hit the fan, they decided to wait for 6 months. (We can’t wait 6 months. The bank wants us to sell or us to move out by July 13th. Moving now with my wife…[Read more]
Greenwood replied to the topic Investment Opportunity 9.85% in the forum Creative Investing 3 years, 10 months ago
Hi Richard,
Thanks for your inquiry.
The property is owned by my wife. We both live in it. My wife has a chronic illness.
The borrowing would be in our personal names.
I’m happy to give you more details on the reason for the sale if required.
Regards.
Dale Greenwood
0433 696 299
Greenwood started the topic Investment Opportunity 9.85% in the forum Creative Investing 3 years, 10 months ago
Investment Opportunity 9.85%
Looking for a private investor to pay out a first mortgage.
Property worth approx $750,000 -$810,000. Mornington Victoria. 4 bedroom, 2 bathroom, 2 car garage. Land 700m2
Mortgage $540,000.
Proposal.
To pay out 1st mortgage of $540,000 and receive 9.85% per annum for 2 years. At the end of two years, the property…[Read more]
Greenwood became a registered member 3 years, 10 months ago

@greenwood