Wednesday, April 09, 2014 11:08:01 AM
Have followed the PRDL business plan and read their annual report.
It seems they may have raised nearly 1m recently my question is how much do they need in order to close on any of their proposed properties?
I assume someone will finance (mortgage) the property so we need a deposit and monthly payments which ultimately will be covered by rental income.
Is the current cash enough to get one of their deal;s closed?
Currently I don't believe they own any of the properties identified by LOI's
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