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steve the painter

  • steve the painter replied to the topic Townhouse development finance needed in the forum Finance 11 years ago

    Thanks Rhys and to all for your suggestions. I think the finance broker route looks right for me.

    STP

  • steve the painter started the topic Townhouse development finance needed in the forum Finance 11 years ago

    Hi
    Can someone please provide assistance/advice on my situation.

    I am looking at doing a 3-4 townhouse development in Melb (NE suburbs) with an all up cost of $1.6m.

    I have $1.1m in cash.

    I have no other income.

    Where do I obtain the $400-500k to fully fund the project.

    Any help would be much appreciated.

    Regards

    STP

  • steve the painter replied to the topic One stop shop for townhouse development in the forum Value Adding 14 years ago

    Thanks for the predictive flow of financial events christianb, you give me good insight into how the project can be driven by different variables and a lot of encouragement. I have a couple of queries from thiis; 1) Does your "project costs" include those incurred in between acquisition and buidling contract;  such as surveys, permits design…[Read more]

steve the painter