Hi fellow ss brokers,
Anyone done a rent roll deal with rent roll as sole security lately? I have a friend who runs a strata management business with an existing rent roll who is looking to buy another rent roll and associated Ray white franchise. I know mac bank are big in this space but does anyone else know some other lenders, they are not keen to do the deal.
There is no other security available as he sold his house late last year to fund buyout of partners and has some cash from that to assist with this purchase.
Happy to refer on to anyone who is skilled in this area which I am not.
Anyone done a rent roll deal with rent roll as sole security lately? I have a friend who runs a strata management business with an existing rent roll who is looking to buy another rent roll and associated Ray white franchise. I know mac bank are big in this space but does anyone else know some other lenders, they are not keen to do the deal.
There is no other security available as he sold his house late last year to fund buyout of partners and has some cash from that to assist with this purchase.
Happy to refer on to anyone who is skilled in this area which I am not.