All Topics / Creative Investing / Commercial deals – Scenario & your thoughts

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  • Profile photo of MarcoMarco
    Member
    @marco
    Join Date: 2003
    Post Count: 66

    G’day

    I’ve been approached for help by a couple who want to start a child care centre. They have enough equity in their home to borrow $200K for start up costs, but need $300K for the building and need the place they have an eye on renovated as well – another $150K.

    Expected return would be 12% p.a on $450K (this is the figure they quoted)

    As this is my first commercial deal (depending on whether the risk/return factors stack up), any advice by those forumites experienced with this type of transaction would be appreciated.

    Have a great day!

    Marco

    Get more out of Renting!
    http://www.positiveproperty.com.au

    Profile photo of 1Winner1Winner
    Participant
    @1winner
    Join Date: 2004
    Post Count: 478

    I suggest you post this on “Help Needed”

    May God prosper you always.[biggrin]
    Marc

    Profile photo of MarcoMarco
    Member
    @marco
    Join Date: 2003
    Post Count: 66

    Thanks Marc, good idea!

    God Bless!

    Marco

    Get more out of Renting!
    http://www.positiveproperty.com.au

Viewing 3 posts - 1 through 3 (of 3 total)

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