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  • Profile photo of ANUBISANUBIS
    Participant
    @anubis
    Join Date: 2003
    Post Count: 559

    Guys,

    Are there any traditional (or non traditional for that matter) methods of raising approx $4 million for around 12-15 months without making repayments – just one lump sum repayment including interest?

    Funds would be used to purchase and subdivide large parcel (80 acres) of land.

    Regards

    Nick

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781

    Of course there is.

    What will you be using as security?

    Cheers,

    Simon Macks
    Mortgage Broker
    http://www.mortgagehunter.com.au
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

    Profile photo of ANUBISANUBIS
    Participant
    @anubis
    Join Date: 2003
    Post Count: 559

    Obviously 1st mortgage over land and have other properties available. What $ value of security are we likely to need?

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781

    There are far too many variables and I can’t give you all the answers immediately.

    Can you contact me by email?

    Cheers,

    Simon Macks
    Mortgage Broker
    http://www.mortgagehunter.com.au
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

    Profile photo of ANUBISANUBIS
    Participant
    @anubis
    Join Date: 2003
    Post Count: 559

    Have sent e-mail Simon

    Regards

    Nick

Viewing 5 posts - 1 through 5 (of 5 total)

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