It could’ve been a marketing ploy to get us in [blink]. If, however, it is a giveaway, then I am putting my hand up [biggrin]

Stan

Sue/Terry,

thanks for your replies. As I was addressing the issues, I found some problems with my calculations and it seems that it is not as profitable as I thought. Back to drawing board

Sue, I am looking for such deals, but I guess my brain is not trained yet to see the potential. Any advice would be highly appreciated.

Kind regards,

Stan

Hi Jennifer,

just a bit off the topic, how do you find vendors that would lend you 40% over 10 years at no interest [blink]? I am currently working on the terms where I offer 60% upfront and the remainder in 5 years at 5 – 8% per year (depending on whether vendor wants monthly payments or not). I’ve started talking to agents and found them to be…[Read more]