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  1. B

    Semi theoretical exercise

    Thanks for that, Geoff. I think I can get interest only finance, and possibly to 70% (but I'm assuming 2/3s only). There was a mistake in my previous posting, however - the return per unit should be on the order of $7500 per unit before refinancing (ie. around 15% return plus capital...
  2. B

    Semi theoretical exercise

    Folks, I'd like to float an idea for interest's sake and maybe a bit more. I have my eye on a commercial property in a high capital gains growth area, securely leased for the next 10 years. Only 2 problems: 1. They want too much - I wouldn't buy at the asking price but I reckon about...
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