What is this money for, exactly? And if your bottom line loss is 10%, you might as well put it in an MMA.
I may be buying commercial property for my business and expanding a little. Total project is around $5 million. So assuming 80% LTV for the loan, my partner and I would each need around $500k. It's possible we might do it in 2 phases, with the first phase being around $3.5 million, so I might be ok with some loss - 10% isn't an exact number.
I am talking to my financial advisor after the holidays and will probably end up in a MMA. I just wanted to get some ideas to run by him.
This post was edited on 12/25 at 9:25 pm