Metropolis: Paying Off The Debt of Dad At The Start

Chapter 171

The maximum land financing quota of 1.5 trillion yuan, an annualized interest rate of 13%, and a three-to-seven percent, are the conditions finally reached by the two parties.

After signing the agreement, Lin Feng was very happy.

However, the representative of Xiafa Bank had a green face and gritted his teeth.

This was not the result he wanted at all, it was completely the choice made by Lin Feng, the bastard, who was forced to make a helpless choice.

Before parting.

The representative of Xiafa Bank stared at Lin Feng angrily, and wanted to kill Lin Feng.

“Lin Feng, you’re ruthless this time, you won-you won!”

“You tm won!”

Having said that, Xiafa Bank couldn’t help being full of anger, grabbed Lin Feng by the collar, and snorted coldly at Lin Feng.

“Asshole!” “The representative of Xiafa Bank felt very angry when he thought of this matter.

But he still resisted the demeanor of the top bank representatives and didn’t do anything in the end.

“Hoo~, let’s go~” Xiafa Bank yelled furiously on behalf of the incompetent, and then led the people away.

Standing in place, Lin Feng looked at the back of the representative of Xiafa Bank and the back of the creditors leaving behind him, and he couldn’t help showing a faint smile.

Why the other party is so angry, I can’t wait to do it, because he won the negotiation this time, he won a big win, and won so much that the other party hates him, hates him, and can’t wait to frustrate him.

The more annoyed the other party is, the more successful Lin Feng is and the more he takes advantage of it.

This time it really took a big enough advantage. Originally, Haoyuan Group’s insolvency situation should not have obtained land financing, but now there is actually a land financing of 1.5 trillion yuan, and the annualized interest rate is only 13%. Can this be called earning?

Of course, these methods also made the other party completely hate him.

However, in the end, the feeling that the other party hates him gnashes his teeth, yet has to be forced to cooperate with him and let him be at his mercy. It is really cool.

Lin Feng looked at the signed documents, and then smiled with satisfaction.

Everything is ready, the foundation has been laid, and the next step is to fly into the sky.

It is 37 open, that is to say, Lin Feng only needs to pay 30% of the land temporarily. In this way, Lin Feng could only get the funds of 1 piece of land, but he could get 3 more.

In this way, with high turnover in coordination, it is simply a dual combination of artifacts and god-level treasures.

For example, a project requires 10 billion yuan, of which land acquisition funds account for 60%, and construction and subsequent various expenses and costs account for 40%.

So now borrowing land financing, only need to pay 30% of the land acquisition funds, the land acquisition funds become 18%, which is 1.8 billion, and other construction and subsequent various expenses and costs remain unchanged, or 40%. That is 4 billion.

So, if you calculate it like this, to build a project that originally required 10 billion funds, but now only needs 18+40, which is 5.8 billion funds.

With 800 billion of funds, a project of 10 billion, it could only do 80 projects, but now each project only needs 5.8 billion to do this 10 billion project, then how many projects can be done in total?

138!

And each project has a scale of 10 billion, 138, which is a scale of 1.380 billion.

Coupled with high turnover, such as 5 times, that is the scale of 6.9 billion, which is almost almost reaching the scale of 70 billion.

If Lin Feng does not have this land financing, he can only rely on high turnover to leverage 5 times the leverage. If 800 billion is multiplied by 5, he can only leverage the scale of 40 billion.

The larger the scale, the higher the profit. For a scale of 70 billion, 1% is 70 billion.

Normally, a project earns 8%, that is, a profit of 560 billion.

Of course, if the interest is removed, the profit will not be so much.

Take the example just now. For a project of 10 billion yuan, 60% of the funds will be acquired, which means 6 billion yuan. Then for 138 projects, you have financed 70% of the land for each project and borrowed 4.2 billion yuan for each project. 138 projects, a total of 579.6 billion borrowed.

The high turnover levers 5 times the scale, that is, to do 5 times the project, then this number has to be multiplied by 5, which means that a total of 2898 billion land financing is required.

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Generally, the use time of land financing is only 4 months.

Because it will take a while for the land to be approved and paid, and before the market opens, you have to return the money, otherwise the land pledge will not be given to you to open the market.

For normal residential projects, it takes only 6 months, or 7 months, from the acquisition of land to the opening of the market to the completion of the withdrawal of funds.

Without so much time, the use time of natural land financing only takes 4 months, which is actually a bit longer than the construction period.

Then the use time is 4 months, that is, 4 months to repay the money, the annualized interest rate is 12%, which is to pay 4.8% of interest.

139.1 billion in interest!

579.6 billion minus 139.1 billion in interest, that is 440.4 billion in profit.

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And if there is no land financing, only high turnover, 5 times leverage, that is, to leverage the scale of 40 billion yuan.

4 trillion multiplied by 8%, that is a profit of 320 billion.

It is equivalent to land financing, and an additional profit of 120 billion yuan, which means that the profit has increased by %, which is about 40%.

And more importantly, this land financing allows you to quickly acquire land in a short period of time, which is very convenient.

For example, Haoyuan Group plans to go to small cities to acquire land on a large scale. Based on its own funds, how many pieces of land can it acquire?

If there is land financing, Haoyuan Group can now take more than three times the land and grab the land first.

Otherwise, when they discover business opportunities, they also adjust their strategic deployment. When they come to compete with you, they will buy all the good plots in one go. What if you have more money later, you can’t buy it!

It’s definitely not enough for you to rely on your own funds. When you collect enough money to buy it slowly, the daylily will be cold. If you have land financing, you won’t be able to grab it first, so that others will come again. , You can’t buy it.

It can be said that land financing is the most common means of competition in the real estate industry.

Of course, this method is easy to recover, but it needs to be moderate and modest, otherwise it will be fatal, just like the good wine, you can’t be greedy, if you are greedy, people will not only vomit, but also have uncomfortable headaches. Eight.