thecrest replied to the topic Motel Investment in the forum Commercial Property 6 years, 3 months ago
Hi @au43.
Welcome to the Forum. Yes it’s full of very helpful and experienced people for which I’m grateful.
$300-$400K could buy a good leasehold around $700-$800K mark at 30% ROI. Banks usually want 50% dep but check with finance brokers on this forum for current accurate info on finance. Check lenders LVR re property to see what % of your…[Read more]