A bad method at this stage

Staff Reports's picture

Q: I want to build an 18-unit apartment complex, but I don’t have enough cash to do it on my own. My net worth is around $400,000, and I have $100,000 I can put toward this project. It is estimated to cost $1.2 million. Would lining up investors, who will take a percentage of the profits, be the same thing as acquiring debt?

Full text available to premium subscribers only. If you are a current subscriber, please login for full access. If you would like to subscribe, please click here for our subscription options. Thank you.

The Greer Citizen

317 Trade Street Greer, SC 29651

Phone: 1-864-877-2076

Sign Up For Breaking News

Stay informed on our latest news!

Manage my subscriptions

Subscribe to Greer Citizen newsletter feed
Comment Here