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Author Topic: [LOAN] 120 BTC, collateral - real estate in EU capital worth > 150BTC  (Read 831 times)
debuni (OP)
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September 27, 2015, 01:48:14 PM
 #1

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 Smiley
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September 28, 2015, 04:03:15 AM
 #2

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 Smiley

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.

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debuni (OP)
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September 28, 2015, 10:05:58 AM
 #3

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.
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