PropertyInvesting.com | raymond123 | Activity https://www.propertyinvesting.com/members/raymond123/activity/ Activity feed for raymond123. Fri, 17 Apr 2026 21:15:14 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c0a07ee802784ba4500e2241558769a6 raymond123 replied to the topic Finance for 50+ units development in the forum Finance https://www.propertyinvesting.com/topic/4406417-finance-for-50-units-development/#post-4668313 Sat, 28 Apr 2012 07:46:45 +0000 thank you Alistair

]]> 34a7b86c9839b7d566d9d7fc8b56339b raymond123 replied to the topic Finance for 50+ units development in the forum Finance https://www.propertyinvesting.com/topic/4406417-finance-for-50-units-development/#post-4668311 Sat, 28 Apr 2012 01:45:57 +0000 What are some typical line fee rates?

]]> 94e74e40c08ccdcb5bfda0a21c15d1c4 raymond123 replied to the topic Finance for 50+ units development in the forum Finance https://www.propertyinvesting.com/topic/4406417-finance-for-50-units-development/#post-4668306 Thu, 26 Apr 2012 05:31:43 +0000 Hey guys thanks for the replies. Just to clarify, We do work in the construction industry, but this project will not be built by us. We are just acting as the developers. We have an independent builder taking on all aspects of construction not us. All the information i am giving you is straight from the lenders mouth. i am not making this up or…[Read more]

]]> 782b477bdb93d04e2ba2d2f2e4de7be4 raymond123 replied to the topic Finance for 50+ units development in the forum Finance https://www.propertyinvesting.com/topic/4406417-finance-for-50-units-development/#post-4668302 Wed, 25 Apr 2012 08:30:39 +0000 Appreciate the comments.  Richard, thanks for your response. I have already spoken to a few lenders but just briefly over the phone. Pre-sales are a must which is not a problem. and this is our first project but we work in the construction industry so the lenders werent to fussed about the issue and they were the ones hinting at an 8.5-11% rate.…[Read more]

]]> e886b11018129cedef967d5999f3510a raymond123 replied to the topic Finance for 50+ units development in the forum Finance https://www.propertyinvesting.com/topic/4406417-finance-for-50-units-development/#post-4668299 Tue, 24 Apr 2012 10:16:08 +0000 Yes. However I ask this question because I would like to know if our calculations for the interest value we have used are correct or not.

P.S estimated construction time has been considered at 24 months. And interest rate at 10% for a worst case scenario.

Ray

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