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Seeking Advice - Overseas Property Development Loans

Started by Mike - OverseasInvestor, August 10, 2007, 10:56:13 AM

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Mike - OverseasInvestor

I am new to the property game and looking to get started in the lower eastern block in Europe to begin with... I have established very good contacts on the ground in Croatia & am now looking for funding!

I am currently residing in Finland but I have worked in the UK & hold an Australian & UK passport.

I would love to hear from property gurus, financial advisor's, banks & institutions on how to get funding / Property Development loans for overseas markets such as Croatia... I am aiming to get approximately 150K £ under my belt to begin with and can offer approx 1/5 of that myself. Understanding that many of these markets in developing countries require cash to talk with, any further input on this would be highly regarded - both the type of loan best for me & any experiences that follow!

I would be working remotely (IT & Advertising) to support normal living and relocate to the site/s of development for the period of development & possibly beyond should I choose to hold on to a property and rent it...

All feedback would be highly regarded.

Cheers

Mike

Badger

Hey hi there Mike and welcome to the forum and site.  It sounds like you are about to take on a great adventure, one that I wish you the best of luck with.
Ok as for funding, that's a hard one, I suppose the best way would be to be self employed as a Limited company etc etc and with a great business plan and forecast. this the banks would look at for investment into your idea.
That would be my route,  To gain investment from an individual or grant, you are still going to need a pretty good if not superb business plan, investors will invest hoping to get a return on there money over a fixed period without lifting a finger.
So to summarise.
Get yourself a business plan with your ideas written on paper and get out there and flood the market with your idea.

If you Google * starting a business* there will be information on there in relation to possible investors.


Good luck and please please keep us posted


Badger

shaw45

Quote from: Mike - OverseasInvestor on August 10, 2007, 10:56:13 AM
I am new to the property game and looking to get started in the lower eastern block in Europe to begin with... I have established very good contacts on the ground in Croatia & am now looking for funding!

I am currently residing in Finland but I have worked in the UK & hold an Australian & UK passport.

I would love to hear from property gurus, financial advisor's, banks & institutions on how to get funding / Property Development loans for overseas markets such as Croatia... I am aiming to get approximately 150K £ under my belt to begin with and can offer approx 1/5 of that myself. Understanding that many of these markets in developing countries require cash to talk with, any further input on this would be highly regarded - both the type of loan best for me & any experiences that follow!

I would be working remotely (IT & Advertising) to support normal living and relocate to the site/s of development for the period of development & possibly beyond should I choose to hold on to a property and rent it...

All feedback would be highly regarded.

Cheers

Mike
Hi  :),
I advice you for a book "Money for nothing and your property for free" for property investment which I saw at a site http://www.propertyinvestmentsecrets.co.uk/offer/

For more information refer "Money for nothing and your property for free".

Cheers
:D