HELP! Property development? Suggestions? - property development funds
I am looking to buy either a small piece of land and build a timber-framed building or a house of old and not running. I wouldnt live in the house, newly built or old, they want to sell almost immediately after its completion. In the What to ask what is the best way to raise money for the project? Should I try to get a mortgage? Or am I better go on the road to commercial loan? So this is what I see about this? All tips of information is fab - thanks guys!
Saturday, January 2, 2010
Property Development Funds HELP! Property Development? Suggestions?
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Banks often loan for the construction, if you go with a loan officer or broker, you pay a share of the average person, namely that the banks provide loans for construction. Get a business plan, whether there is a need for new or renovated homes homes in your area, find the time to market, so you can wait to pay the mortgage while you sell the property, there are so many questions that you need to do serious research to answer by ... like other children have said before buying a book about him.
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