All Topics / Finance / What would it take to be worth your while finacing a 200 k prop ?

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  • Profile photo of maximummaximum
    Member
    @maximum
    Join Date: 2006
    Post Count: 23
    January 18, 2008 - 11:37 pm

    Hi again guys.

    lf you were to finance a 200k property deal for someone and in exchange, they sign one block out of the deal over to you – value 85k , would that be a worthwhile proposition for you or ?

    Your money – finance – loan or whatever would be tied up for say 18 to 24 mths give or take .

    Thanks
    Cheers
    Max

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    January 18, 2008 - 11:51 pm

    With what as security ?

    Richard Taylor | Australia's leading private lender

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    January 19, 2008 - 12:03 am

    Depends on the location of the land and the other parties position. If it is high risk you should expect more. Also you would need to make enough to make it worthwhile – think of the other things you could be doing with your money in the meantime.

    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

    Profile photo of maximummaximum
    Member
    @maximum
    Join Date: 2006
    Post Count: 23
    January 19, 2008 - 11:15 pm

    Thanks for the feedback guys

    Cheers

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