janp replied to the topic Managed apartment finance in the forum Finance 20 years, 4 months ago
Thanks guys.We’ll keep plodding on hoping for a buyer.
janp replied to the topic Serviced Apartments 7% Plus Return in the forum Help Needed! 20 years, 4 months ago
Be very wary of any serviced apartment deal.We have had our managed apartment on the market for nearly a year and,despite buyer interest,the major hurdle is the banks’unwillingness to lend more than 60%.