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Simex
 

Registered: Mar 2006
Posts: 58

 

04-19-12 01:24 AM

Thanks to mgookin and Traveller for serious replies. Obviously I kept details vague for a reason, but the details I stated were true. I had hoped there might be some company that did real estate development we could work with.

We'll use our $ plus a little extra from family/friends to construct a nice building. It won't have as many units as we initially hoped, but it'll make a decent profit. In this country there's no hope of obtaining extra funding.

I won't reply again on this topic. All the best.

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peregrinecap
 

Registered: Feb 2010
Posts: 79

 

06-04-12 07:59 AM

i dont have money for you, but i know the real estate business okay. PM me the country and location, i will comment if it is really as good as you think.

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HomelyWizzard
 

Registered: Sep 2011
Posts: 125

 

06-05-12 02:59 PM

look at the replies....obviously Elitetrader is the last place to look. Most people here cannot make money in stocks let alone Asian RE. If you wish to raise serious money do not do it online with a bunch of losers......either you are scammer or very naive.....


Quote from Simex:

We have some land in Asia, the city it's in is growing rapidly and will be in a prosperous region due to a lot of investment. We have about 1/3 of the money, or just under, what we'd really need to develop nice modern apartments, maybe 24 units, and we have a builder relative in the country.

How would we go about raising 1-2 mill US$? The money would be returned in 3 years once units built and sold, and there could be 20% interest paid on the money.

Thanks for useful advice.

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