Raising money for the first real estate transaction
So let's tell.
How did you raise money for your first real estate deal?
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- KSH, old deposit and partner. Now the question is, where will the money for the second deal come from?
- Loan from the bank
- A tiny business in Israel, applying for a State Guarantee Loan Fund, taking a loan at 2.5 interest rate up to NIS X,000 thousand and then having money available and earning 250-6 rate of return in the United States
- We worked hard. We saved money. We waited for the crisis. We bought cheap. We sold dearly.
- Apartment "renovation" loan NIS 200,000 at an interest rate of 2.7
You can also take a little more than 200,000 and then use the money to buy a property - Bank loan - a good debt
- There are 2 tracks to take out a state guarantee loan, the first to a business that has just opened and the second to business with existing cycles, of course not to say it is for buying property, asking for a loan to increase the existing business or an initial investment loan in the business And some such funds,
- You can see the cartons for the loan in Google (loan cartons, state guarantees)
- There are two ways
A. Marry rich
B. inheritance
?? - The first truth truth from equity with a partner…
But since then all by loans - loans based on my provident and study funds, my wife and family, loans from the banks - Equity + small loan from parents at 0 interest?
- The truth is, I'm surprised that a lot of people responded and no one wrote it down.
From the investor! We had little equity but most of the money we raised from an investor
Which since then goes with us a long way :) :)) - Balloon loan for any purpose for a short period. Part year and part two. 3.7 percentage interest
- Equity and Mortgage?
- Mask and weapon…
- Equity loan and investor, from there with the right moves and good investments have all flowed