Hmm,
2 units in retirement village 98% occ and totall cost $185k
Pos cash flow ….if this is true why would they need to advertise for investors ???May be because they need as many interested investors as they can since most investors have difficulty in getting these units financed. If you do a search on retirement units, you will find more information, which may be helpful.[
]Hi There
The banks don’t like giving loans for retirement villages it’s to big of a risk for them and they might only give you 50% if you are lucky. I am looking into something very similar at the moment and there is allot to learn about retirement village investing I figured out. Good luck
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