bkawz replied to the topic Loan for Development in the forum Finance 19 years ago
Thanks for all your replies.
I will do a more detailed post later on, as i am busy now.
Flash: My brother and I have been playing poker for 2 years now, so we have saved up a bit. The money is sitting around, so Id like to invest it into something.bkawz replied to the topic Loan for Development in the forum Finance 19 years ago
Ok well, sorry about the vague post
This project is actually overseas, so I am just converting everything to australian dollars to make it easier.
What I was looking at was 20, 3 bedroom semi-detached houses. The site costs $1,500,000. The development costs where estimated at $2,250,000. The houses sold would be estimated at $6,000,000.
I dont…[Read more]