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Updated over 8 years ago on . Most recent reply

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Nathan Siz
  • Waialua, HI
0
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5
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Investment Assistance

Nathan Siz
  • Waialua, HI
Posted

FUNDING PROBLEM

How do I get a 200k deposit? How do I get an investors help?

I have a full business plan and should be able to pay all proceeds back into the new property after sale of the new house.

-Background

I'm trying to buy a property for Ag Business/Development and need a down payment of 200000. (No disclosure required for discussion)

This is a very very good investment but don't have the cash down to get it started. The payments are not a problem it is just the initial down-payment.

-Financial Background

My home is valued at 600k and I owe 499,000.

We are under construction of a new home and keeping the existing structure as a rental.

Once completed the broker appraised the sale price at 1.1million.

===We could sell at 1,000,000 (Pocket 350,000)

===We could rent and get at least 5000 a month (Mortgage is 2500) 2500 Income a month

Because we are under construction we do not Qualify for a equity loan on what the value will be when complete. 


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