REIT有二种营利模式# Stock
m*i
1 楼
第一种,买100万的appartment at 6.5%, 再从银行借一个7年的70 万loan at 4%, 30
万的 equity could yield 12%,
利率上涨,没有影响, 实际上风险很小。
第2种, 买100万 mortgage bond at 4%, 再从银行借Short term loan at 3%,
leverage 10 times its equity.
REIT is very complicated. The 2nd type is very risky, should avoid. The
First type is actually not bad compare with the current stock market. So do
your own home work before investing in the REIT.
Of course, there is a risk that they will not be able to refinance the loan
at 4% after 7 years. But we don't need to worry about that right now.
万的 equity could yield 12%,
利率上涨,没有影响, 实际上风险很小。
第2种, 买100万 mortgage bond at 4%, 再从银行借Short term loan at 3%,
leverage 10 times its equity.
REIT is very complicated. The 2nd type is very risky, should avoid. The
First type is actually not bad compare with the current stock market. So do
your own home work before investing in the REIT.
Of course, there is a risk that they will not be able to refinance the loan
at 4% after 7 years. But we don't need to worry about that right now.