Quote:
Originally Posted by lendaddy
Fair enough, but without knowing what type of company they started beyond "construction" it's hard to say what initial capital investment was required.
Say they built four or six spec homes and couldn't move them or pay the monthly juice.....$450k gets eaten up real quick.
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Like Berrettafan said.... if you have no experience, you've got no business borrowing that kinda coin.
Spec houses? I didn't see the show, but these people were so behind the 8 ball that they had someone GIVE them a house. I'm surprised they could figure out how to butter toast let alone start a construction company.
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Rosewood 1983 911 SC Targa | Black 1990 944 S2 | White 1980 BMW R65 | Past: Crystal 1986 944 na
Guards Red is for the Unoriginal