Because banks are asking too many question what you will do with the money, why you need them and so on. But are giving @4-6%/y.
Here I expected some more flexibility for >20%+/y with such collateral like real estate.
But seems you are right. There are no interest at all and I will close it.
Topic: [LOAN] 120 BTC, collateral - real estate in EU capital worth > 150BTC (Read 829 times)
September 28, 2015, 06:05:58 AM
September 28, 2015, 12:03:15 AM
Hello,
As title says:
Loan: 120 BTC, 1 year @ max 2%/m, with an option for second year.
Collateral: EU Capital apartment 64 sq m, worth > 150 BTC /by bank appraisal/. Collateral is clear of dept, mortgage or whatever. And I'm the only owner. Currently rented for 0.8BTC/m.
Expecting trolling and offers
As title says:
Loan: 120 BTC, 1 year @ max 2%/m, with an option for second year.
Collateral: EU Capital apartment 64 sq m, worth > 150 BTC /by bank appraisal/. Collateral is clear of dept, mortgage or whatever. And I'm the only owner. Currently rented for 0.8BTC/m.
Expecting trolling and offers
I don't think you'll be getting any offers.
If the bank thinks your property is worth 150btc, use it as collateral on your 120btc loan.
September 27, 2015, 09:48:14 AM
Hello,
As title says:
Loan: 120 BTC, 1 year @ max 2%/m, with an option for second year.
Collateral: EU Capital apartment 64 sq m, worth > 150 BTC /by bank appraisal/. Collateral is clear of dept, mortgage or whatever. And I'm the only owner. Currently rented for 0.8BTC/m.
Expecting trolling and offers
As title says:
Loan: 120 BTC, 1 year @ max 2%/m, with an option for second year.
Collateral: EU Capital apartment 64 sq m, worth > 150 BTC /by bank appraisal/. Collateral is clear of dept, mortgage or whatever. And I'm the only owner. Currently rented for 0.8BTC/m.
Expecting trolling and offers
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