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Old Posted Feb 24, 2015, 3:29 PM
HillStreetBlues HillStreetBlues is offline
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Join Date: Apr 2013
Location: KW/Hamilton, Ontario
Posts: 995
Quote:
Originally Posted by MeIsThomas View Post
Stinson is offering a builder buyback program in which he will offer a fixed rate of return — 10 per cent on a $20,000 investment, for instance — upon completion of the project. The rate of return climbs with increased investment.
Could someone explain this to me? He's asking for investments from purchasers? Earlier in the article, it made it seem like lenders were calling him. Is this kind of thing usual?
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