Problem
Peter comes from a humble background and what he lacked in resources he compensated in achieving high grades. He has since been selected to attend one of the prestigious universities in the country- UNILUS. Some of his close family friends sold him the idea that it would be good to buy a house in the University premises if he could find ways to afford it and then rent it out to students with him also living there and actively managing it.
1. What sources of financing are available to Peter?
2. Which source of funding would you recommend and why?
3. What essential financial information about the business plan will potential funders be looking for?