2.
Re: Loan to purchase overseas properties Jan 26, 2008 10:49 PM
in response to:
baangoo
Location => Mumbai (financial capital of India)
Why => Just got back from Mumbai 24 hours ago, did the all needed spadework. Spoke to brokers, saw properties, met CPAs, personally tried to lease out Dad's commerical space - just so I feel the pulse of the current market conditions - felt extremely positive.
How Much => Minimum half a million, maximum multi million dollar projects.
How soon => I have shortlisted several good commerical projects, buildings are move in ready, some are ready 6 to 2 months from now.
My Background => Worked on Wall Street last 10 years for all major banks, currently at Goldman Sachs.
My Objective => To make lots of money by sticking to a solid long term investment plan
My Credentials => I spent the last 2 weeks in Mumbai working with Dad's CPAs (he knows them since the last 25 years - helped him personally with his property investments), real estate agents and banks circling the financial district of Mumbai. Having researched this way, I have now come up with a detailed spreadsheet justifying why this would be a great ROI over a longer term of 10 to 5 years.
I am currently working on the Cash Flow Statements and the Business Plan.
If interested, lets talk asap.
thanks.
