Reborn Sells Instant Noodles In America

Just when the host knocked down the bidding mallet of the third plot, Richard angrily stood up from his seat, and after explaining a few words to the bewildered assistant, he nodded. He walked outside the venue without looking back.

Lin Zidan and Eddie looked at each other, finally clasped the sweaty hands that had been pinched for a long time together, and shouted:

"Yes!"

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The auction finally came to an end. Lin Zidan and Eddie won the smallest and largest pieces of land together. They were worried that they would not be able to eat and needed to find a partner, but they finally found that the current situation was excellent.

Richard probably only came for the two largest fields, but the only surprise was that Lin Zidan and the others were more courageous than him.

Although $55 million is nothing to Harrison's entire family business, Richard still followed his basic principles as a real estate developer and measured the return on investment when he bid.

The irrational investment will not only not allow him to save face in front of his father, the most important thing is that he has to spend such a large sum of money with his father, especially the current group as a family, that is, his half-sister. My brother James has to have an explanation.

Experienced investors can tell at a glance that this price is still higher than the normal price, but it is acceptable relative to the return on the entire investment.

Lin Zidan and Eddie's idea is to take it down first, especially after they get the first piece of land, the last piece of land is particularly important. Only when this piece of land is taken down can they have the largest land development project. voice and initiative.

"Good job today!"

When he came out of the auction venue, Eddie still couldn't hide his excitement and said to Lin Zidan and the other two assistants.

"It's a pity that it's just one piece of land!" Xiao An said a little tangled.

"It's not a pity, I think it's pretty good~ What do you think of Eddie?" Lin Zidan turned to look at Eddie, who was walking with wind.

"Daniel is right, it's good, it's a lot better than when we brought Richard in as a partner."

Eddie nodded meaningfully and smiled.

"Uh...Did I miss something?" Xiao An looked at Lin Zidan suspiciously.

"Originally, we didn't bring him in because of lack of funds, but mainly because we lacked experience in developing such a large area of ​​land and huge construction resources.

And a strong background to resist ZF's accidental difficulties, and now we have pulled their company in without any effort, don't you think it's better? "

Lin Zidan patiently explained to Xiao An.

"Oh, so that's the case! Since ZF's request is for overall planning and development, their family must cooperate with us anyway, so that we have more initiative, right?

Even if he is unwilling to cooperate, he has to cooperate, unless they are willing to sell the land to us at a lower price, or transfer it to other developers at a higher price! "

Xiao An understands at one point, and can even think further.

"Oh? Yes, this kid won't think that the land is too small, so he just gives up the development right and then transfers the land to other real estate developers, right?" Eddie suddenly woke up.

"Although we took pictures of this place, the process from finding a lawyer to doing property rights investigation, re-valuation, and applying for a loan will take a long time. Even if they want to change something, it won't be that fast, right? "Lin Zidan thought for a while.

"That's true, but we have already got what we want. If they really want to change hands, there is nothing we can do. Let's go, let's do our own thing first!" Eddie listened to Lin Zidan's words, He also nodded.

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Doing real estate development in New York is a simple and simple thing, and it is complicated and very complicated.

For a period of time after the auction ended, Eddie and Lin Zidan were busy with the two plots of land all day, and often held meetings and discussions together.

After the buyer and the seller reach an agreement on the land price, the developer has to start looking for a lawyer to conduct property rights investigation.

These loans are all mortgages, and the full amount is not available.

After the developer has pledged all the land to the bank, the bank will re-evaluate the land, and then issue a loan of 60-80% of the land value to them, instead of 60-80% of the land price that Lin Zidan took for them.

There are still some differences between these two prices. The bank's general valuation will be slightly lower than the land price obtained by the developer, so their pre-preparation funds must be much more than expected.

In the United States, although you often hear cash to buy a house and cash to buy land, in fact, this cash does not mean that you have to carry a few sacks of money to trade, but to deposit your principal in the bank, and when you trade Go directly to the bank to print out the cashier's check.

But sometimes some banks have requirements on the deposit period, and the deposit period is at least 3 months. Most banks do not consider three months when evaluating loans, and some are stricter or even half a year. Sudden large deposits are not considered.

Fortunately, both Lin Zidan and Eddie's books are beautiful enough, and their cooperation has been prepared for a long time, so they have already started to prepare from the first-hand information.

After a series of procedures and the habitual delays of the ZF department. They have their money ready long before the real deal!

Although the procedure of commercial loan is more complicated than that of private loan, the good thing is that both his real estate company and Eddie's hotel chain have very good credit background and capital flow.

Because there is a "dead knot" among the developers, the landlords and the bank: the landlords will not give the land to the developers before they get the money, the developers will not give the land to the banks, and the banks will not issue loans.

Therefore, if the bank does not confirm that Lin Zidan and the others have sufficient purchase reserves, they will not directly issue the loan. Finally, after the three parties are fully prepared, they will agree on a transfer time, and the three parties will carry out the transfer procedure together.

At the time of transfer, the bank is entrusted by the developer to hand over the loan it applied for to the landlord, and the developer will also hand over part of the land price raised by itself to the landlord.

The landlord will hand over the land deed signed by the title insurance company to the developer, the developer and the bank will sign a "loan agreement", and the developer and the landlord will sign a "land sale agreement".

Under the witness of lawyers and notaries, the three parties sign the above documents, and all documents must be signed by lawyers to take effect.

Just like what Lin Zidan said at the beginning, it took almost half a year for the two plots of land to be photographed to the official completion of the household~www.wuxiaspot.com~.

At the same time, Eddie began to do various preparatory work for the upcoming land development project, from making an overall plan to a series of development plans. At this time, it was inevitable that he had to work with the winning bidder for the second land. , Richard contacts.

After all, when ZF is looking at their planning map, it is impossible to only look at the front and rear plots, but needs a planning map of the entire development area. Therefore, the first time after the transfer was completed, Lin Zidan inquired about the progress of Richard's side.

Unlike Lin Zidan and Eddie, Richard's side followed a consistent investment philosophy and refused to leverage operations. Their transfer speed was faster than theirs because they paid 80% of the entire land price themselves.

As the saying goes, stay on the line with each other, and see each other well in the future. The two people who originally did not plan to be involved with Richard, finally turned around and decided to cooperate with this person on this development project. Lin Zidan and Eddie were more or less in their hearts. There are some subtle feelings.

On this day, the three finally decided to sit down again under the arrangement of the assistant to discuss the overall planning.

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