Home › Forums › Financial Markets/Economics › Where would I find an investor for this project? › Pass. Extremely crappy deal
Pass. Extremely crappy deal for the “investor”
$275k not generating any cash flow, no chance or raising rents until the person dies. God knows when she dies.
Top much risk for the “investor” to take on.
Investor would probably be better off putting $275k as a down payment and take a loan out for $75k loan on 3-3.5% 30 year.
Why would anyone in their right mind want to get involved with something so complicated when loan rates are solow and loans are so cheap right now?
The old lady, if she wants to live in UTC, can rent herself.