Forum Replies Created
i trusted a group to build some town houses and lost six hundred thousand dollars, then lost employment , had a few other repairs not on list, then daughter had major accident, had to attend to her needs, , with rise of loans, and penality rates, i was not getting the cashflow to meet outgoings, fell into a heap.
and now the bank is bashing at the door, I have finally got into survivial mode. have some good partners that wll buy into my property, 50% it gives good rents, 10 acres with 4 rentals, total $1150. per week then there is agistments and stables.as well, bringing it up to the potential of $2400. per week.
the problem is i needed the value to come in good for finance, and the market has taken a dive. the valuer came when we are in the middle of doing some work and moving ,repairing. taking down some trees etc.
value came in short, so i am $140,000 short of my loan i am in payout. I have to find the shortfall.
I have offered a friend a 2 year deal at 10% return secured loan, but she cant get her supa yet.
running out of ideas.
any ideas please.i trusted a group to build some town houses and lost six hundred thousand dollars, then lost employment , had a few other repairs not on list, then daughter had major accident, had to attend to her needs, , with rise of loans, and penality rates, i was not getting the cashflow to meet outgoings, fell into a heap.
and now the bank is bashing at the door, I have finally got into survivial mode. have some good partners that wll buy into my property, 50% it gives good rents, 10 acres with 4 rentals, total $1150. per week then there is agistments and stables.as well, bringing it up to the potential of $2400. per week.
the problem is i needed the value to come in good for finance, and the market has taken a dive. the valuer came when we are in the middle of doing some work and moving ,repairing. taking down some trees etc.
value came in short, so i am $140,000 short of my loan i am in payout. I have to find the shortfall.
I have offered a friend a 2 year deal at 10% return secured loan, but she cant get her supa yet.
running out of ideas.
any ideas please.i trusted a group to build some town houses and lost six hundred thousand dollars, then lost employment , had a few other repairs not on list, then daughter had major accident, had to attend to her needs, , with rise of loans, and penality rates, i was not getting the cashflow to meet outgoings, fell into a heap.
and now the bank is bashing at the door, I have finally got into survivial mode. have some good partners that wll buy into my property, 50% it gives good rents, 10 acres with 4 rentals, total $1150. per week then there is agistments and stables.as well, bringing it up to the potential of $2400. per week.
the problem is i needed the value to come in good for finance, and the market has taken a dive. the valuer came when we are in the middle of doing some work and moving ,repairing. taking down some trees etc.
value came in short, so i am $140,000 short of my loan i am in payout. I have to find the shortfall.
I have offered a friend a 2 year deal at 10% return secured loan, but she cant get her supa yet.
running out of ideas.
any ideas please.
