Hi,
Just need some advise on a mini storage deal I`ve been looking at in the US:
$600,000 List
I got them to $425,000 which will make it about 11% cap.
So here is how I want to structure it:
$600,000 purchase
$390,000 down (65% LTV)
$225,000 VTB 5 Year NI NP
12 month - $175,000 discount...