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From: Mike .
Out of our league.....?
From: Bernadette
Date: 4/26/00
Time: 9:51:04 AM
I, in conjunction with some family members have a total of 5 IPs and one commercial property. We have spotted a "big deal" ($3-$3.5 mill) which we would love to go for, but we are "leveraged out" at present and certainly don't have the deposit capital to make a go of this deal.
However, I have heard that you can put together deals whereby you have a higher price for a longer settlement period, and as part of the same deal a lower price at a faster settlement period. This can mean that we can arrange finance without requiring any deposit. If anyone can steer me in the right direction about how to finance this sort of a deal using none of our (presently non-existent) money, I would love to know.
Thanks Bernadette
Out of our league.....?
From: Bernadette
Date: 4/26/00
Time: 9:51:04 AM
I, in conjunction with some family members have a total of 5 IPs and one commercial property. We have spotted a "big deal" ($3-$3.5 mill) which we would love to go for, but we are "leveraged out" at present and certainly don't have the deposit capital to make a go of this deal.
However, I have heard that you can put together deals whereby you have a higher price for a longer settlement period, and as part of the same deal a lower price at a faster settlement period. This can mean that we can arrange finance without requiring any deposit. If anyone can steer me in the right direction about how to finance this sort of a deal using none of our (presently non-existent) money, I would love to know.
Thanks Bernadette
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