Capital for acquisition of distressed residential investments
Our client is an experienced residential investor firm looking to purchase distressed residential portfolios at 35% - 40% discount to Open Market Value with rental income in excess of 10% of purchase price. He is looking for an equity facility to allow him to purchase such portfolios speedily. He will then refinance the portfolios at 65% OMV within 3 to 6 months thereby enabling the equity to be drawn back out and reinvested into the next opportunity.
for more info:
http://ifa.redchilli.com/investment-6.html
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You’re currently reading “Capital for acquisition of distressed residential investments,” an entry on finance.redchilli.com
- Published:
- Thursday, March 26th, 2009 at 1:53 pm
- Author:
- Simon Page
- Category:
- Equity Requirements
- Tags:
- distressed, equity, investment, investment opportunity, investor, portfolio, property finance, property investment, redchilli, residential
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