Investor · Singapore · Member since 2013 · 1k+ posts · 3k+ votes
11y
absolutely not. 6% should come with relatively low risk.
Development deals are very high risk. Why do you think sophisticated lenders like HMLs take 12 to 14% plus 3 to 5 points for that kind of deal? The only thing green about this is the developers profit while he puts the risk on you. Just say no