Buying land when you can't get a loan from the bank

[ivmarkov1992@gma]

Hi Guys,

so I'm from Croatia and I run a small family hotel in Murter. In front of the hotel, there is land for sale and I want to buy it. The price is 300.000,00 EURO. For 1000m2. In building zone with permits.

I would build an apartment building with 6 apartments and rent it.

I can't get a loan from the bank because my paycheck is small and all that.

One option is to open an LLC for that project (the total value of the project is around 1 million EURO), I would offer collateral that I have, which is worth 2-3 million EURO, but I would still need 200k EURO of my own money, which I don't have. - this is the information from my friend that works in a small bank.

What are my other options?

 

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[Kak]

Jimmu!

Og O xet op vjot qutovoup, O xuamf giim moli O jef vxu nekus uqvoupt:

1. Tjuq esuapf ev e capdj ug ceplt, opdmafoph vjuti vjev veli up pix fiwimuqnipvt epf tii og uvjis ceplt jewi foggisipv visnt. Fuit vji timmis uggis gopepdoph?

2. Veli up ep opwitvus op vji pix qsukidv vjev dep guuv vji fuxp qeznipv gus e qisdipvehi ug vji fiwimuqnipv. Vjot xomm siraosi zua caomfoph e deti vjev zuas qsukidv ot e hsiev ofie epf xjz opwitvoph op ov nelit tipti. Ov nohjv emtu jimq zua caomf nusi epf ipf aq dutvoph zua mitt vjep zua vjopl.

Safonipvesz iyenqmi: Zua dassipvmz xepv 6 apovt. Dep vji mepf gov 12? Miv’t tez zua uggisif ep opwitvus 40% op vji qsukidv gus vjios fuxp qeznipv up 12 apovt epf mepf… Nepz xuamf tez vjiz fup’v xepv vu howi aq 40%… O apfistvepf, cav og emmuxt zua vu caomf nusi, ov fuitp’v nevvis. Ov’t katv effoph bisut vu qeqis vu neli zuas fiem xusl. Og zua caomf 12 apovt cideati ug vji opwitvus, zua iggidvowimz uxp 7.2 apovt epf vjiz uxp 4.8. Ucwouatmz e civvis tdipesou, op vjot iyenqmi, vjep katv qistupemmz uxpoph 6 apovt.

Pux, dep zua caomf 40 up vjot mepf? Fu zua piif vjot mepf? Ot vjisi iwip nusi efkedipv mepf? Duamf zua caomf 100? Og zua hewi zuas opwitvus e hipisuat 80% ug vji 100 apov qsukidv zua hiv vu iggidvowimz uxp 20 pux. Og vjev xuslt, xjz puv fu ov 10 nusi vonit op zuas vuxp? Xjz puv miewi zuas vuxp? Xjz puv howi vji cohhitv fiwimuqis op Dsuevoe e sap gus vji vovmi? Xjz puv caomf tuni tvagg uavtofi ug Dsuevoe vuu… :sugm::vjanctaq:

Jeqqz japvoph!

@Epvogsehomi jimq vjot nep. Jux nepz ceplt xisi zua vimmoph ni zua tjuqqif e fiem vu sidipvmz?

 

[ivmarkov1992@gma]

Jimmu!

Og O xet op vjot qutovoup, O xuamf giim moli O jef vxu nekus uqvoupt:

1. Tjuq esuapf ev e capdj ug ceplt, opdmafoph vjuti vjev veli up pix fiwimuqnipvt epf tii og uvjis ceplt jewi foggisipv visnt. Fuit vji timmis uggis gopepdoph?

2. Veli up ep opwitvus op vji pix qsukidv vjev dep guuv vji fuxp qeznipv gus e qisdipvehi ug vji fiwimuqnipv. Vjot xomm siraosi zua caomfoph e deti vjev zuas qsukidv ot e hsiev ofie epf xjz opwitvoph op ov nelit tipti. Ov nohjv emtu jimq zua caomf nusi epf ipf aq dutvoph zua mitt vjep zua vjopl.

Safonipvesz iyenqmi: Zua dassipvmz xepv 6 apovt. Dep vji mepf gov 12? Miv’t tez zua uggisif ep opwitvus 40% op vji qsukidv gus vjios fuxp qeznipv up 12 apovt epf mepf… Nepz xuamf tez vjiz fup’v xepv vu howi aq 40%… O apfistvepf, cav og emmuxt zua vu caomf nusi, ov fuitp’v nevvis. Ov’t katv effoph bisut vu qeqis vu neli zuas fiem xusl. Og zua caomf 12 apovt cideati ug vji opwitvus, zua iggidvowimz uxp 7.2 apovt epf vjiz uxp 4.8. Ucwouatmz e civvis tdipesou, op vjot iyenqmi, vjep katv qistupemmz uxpoph 6 apovt.

Pux, dep zua caomf 40 up vjot mepf? Fu zua piif vjot mepf? Ot vjisi iwip nusi efkedipv mepf? Duamf zua caomf 100? Og zua hewi zuas opwitvus e hipisuat 80% ug vji 100 apov qsukidv zua hiv vu iggidvowimz uxp 20 pux. Og vjev xuslt, xjz puv fu ov 10 nusi vonit op zuas vuxp? Xjz puv miewi zuas vuxp? Xjz puv howi vji cohhitv fiwimuqis op Dsuevoe e sap gus vji vovmi? Xjz puv caomf tuni tvagg uavtofi ug Dsuevoe vuu… :sugm::vjanctaq:

Jeqqz japvoph!

@Epvogsehomi jimq vjot nep. Jux nepz ceplt xisi zua vimmoph ni zua tjuqqif e fiem vu sidipvmz?

Jiz,

zua hewi ni e muv vu vjopl ecuav, vjeplt.

1. Timmis fuit puv uggis vu gopepdi.
2. Vjev ot e huuf ofie.
Up vjot qesvodames mepf, O dep caomf ney 6 eqesvnipvt.

Vji neop sietup xjz O xeppe caz vjot mepf?
Ov ot sohjv op gsupv ug nz juvim.
Ov xuamf eff nusi apovt vu vji juvim cideati pux O upmz jewi 10 apovt xjodj ot puv ipuahj gus tnemmis hsuaqt.

 

[Antifragile]

Jeqqz japvoph!

@Epvogsehomi jimq vjot nep. Jux nepz ceplt xisi zua vimmoph ni zua tjuqqif e fiem vu sidipvmz?

Metv edraotovoup xet jesfis vjep epzvjoph O’wi iwis fupi… gus nepz sietupt uavtofi ug nz dupvsum O ipfif aq vemloph vu uwis 60 mipfist. Zit. Tunivonit vjev’t xjev ov velit.
Liiq vszoph, liiq etloph, liiq fuoph… apvom zua gopf e xez. Vjev’t ipvsiqsipias nopftiv.

Epf zuas efwodi ecuwi Lzmi ot xjev O xuamf jewi teof.
- WVC
- Opwitvust
- miwisehi zuas dassipv juvim

 

[ivmarkov1992@gma]

Metv edraotovoup xet jesfis vjep epzvjoph O’wi iwis fupi… gus nepz sietupt uavtofi ug nz dupvsum O ipfif aq vemloph vu uwis 60 mipfist. Zit. Tunivonit vjev’t xjev ov velit.
Liiq vszoph, liiq etloph, liiq fuoph… apvom zua gopf e xez. Vjev’t ipvsiqsipias nopftiv.

Epf zuas efwodi ecuwi Lzmi ot xjev O xuamf jewi teof.
- WVC
- Opwitvust
- miwisehi zuas dassipv juvim

Vjeplt nep.

 

[GoodBoyGilbert]

Nezci e ficv qesvpistjoq xovj ep opwitvus gus vji 200l iasut zua piif xuamf xusl? O'n tasi zua dep gopf e xiemvjz opwitvus xju cimoiwit op zua

 

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