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steve the painter

  • steve the painter replied to the topic Townhouse development finance needed in the forum Finance 9 years, 9 months ago

    Thanks Rhys and to all for your suggestions. I think the finance broker route looks right for me.

    STP

  • steve the painter started the topic Townhouse development finance needed in the forum Finance 9 years, 9 months ago

    Hi
    Can someone please provide assistance/advice on my situation.

    I am looking at doing a 3-4 townhouse development in Melb (NE suburbs) with an all up cost of $1.6m.

    I have $1.1m in cash.

    I have no other income.

    Where do I obtain the $400-500k to fully fund the project.

    Any help would be much appreciated.

    Regards

    STP

  • steve the painter replied to the topic One stop shop for townhouse development in the forum Value Adding 12 years, 8 months ago

    Thanks for the predictive flow of financial events christianb, you give me good insight into how the project can be driven by different variables and a lot of encouragement. I have a couple of queries from thiis; 1) Does your "project costs" include those incurred in between acquisition and buidling contract;  such as surveys, permits design…[Read more]

steve the painter

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