1. Bank loan

Theoretically, the annual interest rate is 8% to 10%. For details, please refer to the benchmark interest rate, plus various messy expenses, such as loan transfer, agency fees, consulting fees, etc. The total loan cost is about 10% to 15% per year.

2. Trust companies

With the interest rate, financial consultant fees and various messy expenses, the total financing cost is generally between 13%-23% annual interest rate.

3. Brokerage asset management

Much like the trust channel, even many employees are dug from the trust, but the supervision methods and departments are different. The cost structure is similar to that of trust, and the annual interest rate is about 15%-25%. The asset management plan is regarded as the trust of the securities firm, and the product structure book can sometimes be copied, but it should be remembered that only banks and trusts can lend.

4. Private equity funds

The total cost of project financing is about 22% per year, and the amount of funds can vary from tens of millions to billions.

5.P2P lending

The total financial cost is about 25%, but it is risky and a collective run.

6. high interest

02

Real estate financing is an industry with the largest amount of financing, the largest number of financing products and the fastest innovation speed except financial industry. Real estate has financial attributes, and it is another industry that borrows money to make money outside the financial industry, so the financing risk control of real estate is also very strict. In this case, for the need of risk control, real estate financing forms two types: ① Company-centered financing. ② Project-centered financing. In addition to these two kinds, equity investment and financing is also a normal way to invest in real estate, but equity does not guarantee income and belongs to investment, so I won't elaborate on it.

03

Prospects and requirements of real estate financing posts:

① It is best to understand investment in real estate financing. Real estate investment is also best to understand financing. Of course, if you can, you can do investment and financing jobs, so the integration of real estate investment and financing ability is not a big problem in the future.

It is suggested that colleagues who do real estate financing or investment do not have to rush to financial institutions. Study in the real estate industry for a few years before going to financial institutions, and there are many opportunities to make money in the future. But also have more core competitiveness and will not encounter bottlenecks. After the formal large-scale financial institutions develop asset management departments, they must allocate real estate people who know how to invest and finance, instead of the rough land mortgage as before. When the fake shares and real debts expire, everything will be fine, and more brands, management, personnel and experience should be exported.

③ To be a developer's investment post, you can not only go to real estate PE, but also mix with the vice president level in the developer. Therefore, among developers, investment jobs are more popular than financing jobs, and the way out is wider.

④ In real estate funds, the integration of investment and financing in one department or even the same few people is the future trend. The essence of real estate investment and financing is a bridge between industries (real estate) and non-industries (finance, law and accounting), and its position is very important. It is best to know something about financing, investment and management.

04

Of course, real estate financing is also very risky, and financing is not so easy:

In view of the failure of American subprime mortgage securities, the China administration, which has always adopted prudent policies, dare not indulge in real estate financing. So the government began to restrict the issuance of real estate trusts, restrict the credit of real estate banks, and prohibit real estate enterprises from issuing private debt. You know, objectively, the weakness of the main economy is difficult to resist the collapse of the housing market at a critical time. and

① As a commodity subject to geographical restrictions, the supply and demand of real estate are not like ordinary commodities.

Investors are not as moral and rational as they think. Even Americans underestimated the risk of real estate financing, and they are still in the aftermath of that storm. Therefore, the level of China insurance industry is more difficult to estimate the risk of real estate financing.