All Topics / The Treasure Chest / Private Funds

Viewing 2 posts - 1 through 2 (of 2 total)
  • Profile photo of schutzyschutzy
    Member
    @schutzy
    Join Date: 2003
    Post Count: 3
    September 1, 2003 - 10:32 am

    Anyone out there been successful in obtaining Private Lenders for PI’s? Very difficult in SA.
    Are we barking up the wrong tree?
    Are Equity Partners the way to go?
    [:P]
    schutzy

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    September 1, 2003 - 11:28 am

    My company has access to private funds for property investment. Rates are higher and start around 8%. Conditions vary greatly depending on the location, LVR etc. I recently had a client who purchased an inner city unit off the plan. banks are very wary because of teh location, but the private funder would give 80% of valuation at 8.X%.

    Terryw
    Discover Home Loans
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 2 posts - 1 through 2 (of 2 total)

The topic ‘Private Funds’ is closed to new replies.