City Start Striving for Becoming a Rich Man

Chapter 76

After completing the formalities, Park Xinhui left, and Ni Shixiao also drove away.

Two days later, Ni Shixiao came to Gaoli Bank alone and got the asset appraisal report.

According to the report, the house valued by Park Xinhui was 130 million. It seems that Park Xinhui did not lie to herself, and the bank’s assessment must be lower than the market price.

I found the staff of Gaoli Bank and asked where the real estate mortgage was processed. Ni Shixiao took the report and walked towards the direction of the staff.

As for why Ni Shixiao is so, because he knows that Lin Yuner works here.

He intends not to delay work and life.

Ni Shixiao took the appraisal report and came to the door of the asset mortgage department.

The door was open, and Ni Shixiao stood at the door and knocked on the door, attracting the attention of the staff inside.

Ni Shixiao looked at everyone: “Sorry, I want to ask, who is responsible for the mortgage of the real estate?”

Everyone just glanced at Ni Shixiao, and went to work on their own affairs again.

“What kind of service attitude?” Ni Shixiao murmured, turning around and going to the front desk to ask.

But accidentally bumped into a person, who was holding a large pile of materials in his hand, which was scattered all over the ground at this moment.

Ni Shixiao’s first reaction was to say: I’m sorry.

Then he hurriedly picked up the materials on the ground, 213 hurriedly did not pay attention to who he hit.

“It’s you,” Lin Yuner saw Ni Shixiao’s face clearly and exclaimed.

Ni Shixiao heard a familiar voice and quickly raised his head to see Lin Yun’er.

Ni Shixiao smiled very happily, but he didn’t expect to encounter it.

“It turned out to be Miss Lin. We are really destined. I didn’t pay attention when I turned around just now. I’m really sorry.”

“It’s okay.” Lin Yuner knelt down to help Ni Shixiao organize the information together, and asked: “What are you doing here?”

Ni Shixiao handed the sorted information to Lin Yun’er.

He smiled and said: “I came here to mortgage the real estate, but your bank’s service attitude is so bad that you don’t even have a receptionist.”

“Really, you shouldn’t, come with me.” Lin Yuner took the information and brought Ni Shixiao to the office.

Arriving in an independent office inside, Lin Yuner greeted Ni Shixiao to sit down, and then poured a cup of tea for Ni Shixiao.

While Lin Yun’er was pouring tea, Ni Shixiao looked around, “It seems that you still have a job.”(Read more @ wuxiax.com)

Lin Yuner was putting tea leaves and heard Ni Shixiao’s words;

He raised his head and smiled at Ni Shixiao and replied, “I am a team leader in the asset department of Gaoli Bank. I am not a big man.”

Ni Shixiao smiled without talking, and put the evaluation report in his hand on the table in front of him.

He picked up the tea cup that Lin Yuner had placed next to him, and took a sip.

“Mr. Ni, didn’t you just come to Nanchao County? How come you have real estate available for mortgage now?”

Ni Shixiao gave a dry laugh, put down the tea cup, and nodded to Lin Yun’er: “Miss Lin, although there was no two days ago, but today I have it”, and handed Lin Yun’er the asset report.

Lin Yun’er took the assessment report, looked at it carefully, and then frowned: “You want to mortgage this house?”

“Yeah,” Ni Shixiao nodded.

“But the property rights of this property belong to Miss Park Xinhui, not your property rights, you have no right to mortgage.”

“It’s not mine now, but it will be mine in two days.”

“I would like to hear the details”, Lin Yuner faintly guessed what Ni Shixiao meant.

Ni Shixiao sorted out his thoughts.

“Ms. Lin, the owner of the property, intends to sell this property to me at a price of 100 million yuan. I intend to buy this house with a loan from your bank.”

“If you don’t have collateral, it is impossible for our bank to lend you 100 million.”

“Need a mortgage, isn’t that it?” Ni Shixiao sternly pointed, pointing to the assessment report.

“According to your bank’s assessment, this property is worth 115,000,000, and I will use it as a mortgage. I can pay 15 million in interest first, and a total loan of 115,000,000 from your bank will be repaid in installments; your bank can get 15 million in interest first, and A property worth 115,000,000, and interest on future installment loans.”

Lin Yun’er was silent, she fully understood what Ni Shixiao meant.

According to her, Ni Shixiao just played a trick of borrowing in advance.

If expected, Ni Shixiao did not buy this house for himself.

Lin Yuner thought for a while, and tentatively asked: “Mr. Ni, what are the benefits of doing this? Although you bought a house for 15 million, you also carried more than 100 million debts. Do you want to wait? House appreciation, you need to know that similar loans, the bank usually requires more than 8 points of interest, which is a very high interest rate. Taking the current situation in Nanchao County, the house’s appreciation in two or three years will be higher than the interest rate.”

Ni Shixiao did not answer Lin Yun’er’s question directly, but smiled knowingly.

Then he said to Lin Yun’er: “My investment method determines my income from the beginning. When I start investing, it must create value for me, and I don’t do business at a loss.”

Lin Yuner has been in the asset mortgage department for several years, but she still couldn’t figure out how Ni Shixiao would do it, so she asked, “Then how would you do it?”

“After I buy the house, I will make a fancy house sale advertisement. It will be sold by lease, with a price of 100 million yuan, plus a slogan, no bank approval, low down payment, and monthly installments.”

Lease purchase, buy a house in the name of renting, with a low down payment and a high monthly payment. If you don’t pay for one year, the previous monthly payment will be used as rent.

This sales method is currently only visible to Mei Guo, and it has not yet become popular in other places.

Lin Yuner asked doubtfully: “Leasing purchase, what good will it do for you?”

“Let’s calculate the balance sheet. After I buy a house, my assets are 100 million yuan, my liabilities are 100 million yuan, and the buyer’s load is 100 million yuan, so my net asset income has increased by 50 million yuan.”

“Interest on bank loans is also a liability for you.”

“When I trade with the buyer, I will collect interest from their monthly installments to offset the interest of your bank, so that I can avoid the risk to the buyer.”

A digression, the income generated here can only be said to be book income.

The risk of such an operation is actually very high, that is, there will be many such operations in listed companies, which can push up the stock price.

If you don’t have stocks or financing channels, you don’t have to do this kind of business.

“In fact, I have other ways to use 15 million to achieve a substantial appreciation.”

Lin Yuner was attracted by Ni Shixiao’s words, and asked quickly: “What way?”

“Stocks”, Ni Shixiao looked at Lin Yuner’s curiosity, “Now your stocks are soaring!”

“Then why don’t you choose stocks?”

Ni Shixiao shook his head and said, “There are several reasons why I did not choose stocks. One is the price difference between stocks and real estate, the other is bank financing difficulties, and the third is the tax policy of Nanchao County.”

Ni Shixiao just arrived in Nanchao County and didn’t know the stocks in Nanchao County, but Lin Yuner could understand that he didn’t buy stocks.

“Mr. Ni, I understand the first two points. How to explain the third point. Don’t stocks and real estate transactions have to pay taxes?”.

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