Super Rich from Winning a Lottery

Chapter 47: Yang Xinyi Hits Someone (Vote for Monthly Tickets! Follow the Read!)


Zhuo Weidong planned to sell 1,500 units to Yi Anguo and then sell the rest himself with an opening price set at 8,300 yuan per square meter.

This opening price was already quite high. Considering they were small units, the average price in the surrounding area was just under 7,000 yuan.

But if he sold 1,500 units to Yi Anguo in one go, Zhuo Weidong wouldn't feel much pressure. He could take his time selling the rest, and judging by the trend, housing prices were bound to continue rising.

The total price for 1,500 units was roughly 600 million yuan. A down payment of 30%, plus taxes and fees, would amount to around 210 million yuan.

However, the public selling price was set at 8,600 yuan per square meter. The mortgage loan from the bank would be 70% of the total price based on this rate. In effect, this completely offset the down payment, so none was required.

Upon careful calculation, the developer might even have to give a little money back, about one or two thousand yuan per unit.

All payments for the housing purchases were financed by bank loans. This meant the monthly mortgage payments would be much higher, as if the entire property was purchased with a loan based on a 6,000 yuan per square meter valuation, making it a true zero-down-payment deal.

With this setup, I won't need to take out a second mortgage on those 1,600 properties I own. I just have to pay the taxes and fees, which will be about 30 million yuan in total. I can easily cover that. I already liquidated my stock account and have 210 million yuan in funds.

After setting aside 30 million yuan, 180 million will remain, which should be sufficient. By mid-July of next year, the national liquor stock will have two major rallies, which should be very profitable. Right, as for the 90 million yuan I owe the developer, it looks like I'll have to postpone that payment for another year.

Zhuo Weidong had no other option but to agree to Yi Anguo's terms. What else could he do?

However, after these maneuvers, it became very unlikely that the rental income would cover the mortgage payments. A monthly injection of cash would be necessary to make up the difference.

But this wasn't a major issue. Yi Anguo was no longer the man he used to be; he now had some financial backing. After all, with nearly 200 million yuan in his stock market account, did he need to worry about covering the shortfall? If push came to shove, he could sell a few properties, which would bring in a hefty profit.

Therefore, Yi Anguo wasn't concerned about this issue at all. As long as all the paperwork for the properties was completed, all he had to do was wait for the money to roll in.

With an opening price of 8,600 yuan per square meter, there naturally wouldn't be many inquiries. But the developer had no choice. Otherwise, how could they sell 1,500 units and pass the bank's appraisal? Even if Zhuo Weidong had immense influence and a powerful background, he still had to put on a show when appearances mattered. He couldn't publicly list the price at 7,000 yuan per square meter and then apply for a loan claiming it was 8,600. That would be like telling the bank it was blind.

The properties were currently being renovated, and it would be at least four months before they were ready for occupancy. The monthly mortgage payment was roughly 3.35 million yuan, totaling 13.4 million yuan, which the developer would cover. Additionally, the management fee was waived for three years.

After the entire affair was settled, Yi Anguo couldn't help but let out a long breath. He was once again impressed by Zhuo Weidong's capabilities and background. It was undeniable.

The process went more smoothly than imagined because Yi Anguo already had 1,570 residential properties, two 200-square-meter shops, and one 1,350-square-meter shop to his name—the best testament to his financial strength. Furthermore, it had been over a year since the Blue Coast Phase Two deal, and Yi Anguo had always made his payments on time, building an excellent credit history.

Another key factor was that Yi Anguo's bank custodian account held a massive sum of over 200 million yuan, which was another reason the bank felt confident extending the loan.

Even so, Yi Anguo felt that buying property was an exhausting affair. For 1,500 units, the paperwork piled up like a mountain, and his hand cramped from signing so many documents.

I'll never buy properties like this again. It's just too exhausting.

When Zhuo Weidong heard the news from the bank, he was shocked. He couldn't understand how Yi Anguo had managed to accumulate such a huge sum of money.

When we sold the 1,000 units from Blue Coast Phase Two, we only gave him 38 million yuan. Later, for Blue Coast Phase Three, we lent him 90 million yuan, interest-free for a year, but after various expenses, only 29 million remained. It took several months to rent out all 600 of those units, and he made the mortgage payments on time every month, which likely required him to chip in some of his own money. Even if he hadn't spent a single cent and the rent perfectly covered the mortgage, he should have at most 67 million yuan! Where did the 210 million come from?

Zhuo Weidong then recalled Yi Anguo mentioning that he was investing in stocks. Could all this money have come from the stock market? The guy also opened a fresh produce supermarket, and business is booming. Maybe he'll become a real powerhouse in the future!

Yi Anguo didn't know if he would become a dragon or a worm in the future. At that moment, he was rushing to his daughter's kindergarten.

The kindergarten teacher had just called to tell him that Yi Xinyi had fought with a classmate and had even started it. The teacher asked him to hurry to the school to handle the situation.

Yi Anguo anxiously asked the teacher what happened, but she was evasive and just urged him to rush to the kindergarten.

Upon arriving at the gate, he ran into Han Ying. It turned out her daughter, Duo Duo, had also hit someone at school, and she had been summoned by the teacher as well.

Before they even entered the classroom, they heard a woman's arrogant shouting. As they reached the doorway, they saw the woman slap Duo Duo across the face, knocking her to the ground. Then, she raised her hand to slap Yi Xinyi.

"Stop!" Yi Anguo roared.

He lunged forward, grabbing the woman's plump hand just as it was about to strike his daughter, and gave her a fierce slap in return. The blow knocked the woman to the ground, and he followed up with several sharp kicks.

Duo Duo crumpled to the ground, wailing. A heartbroken Han Ying rushed to cradle her daughter, and the two cried together.

After being knocked down, the plump woman threw herself to the ground and began to flail about, shouting for the teacher to call the police. She insisted that the man who hit her had to be thrown in jail today.

The frantic teacher didn't know what to do and tried to reason with her. "Mrs. Deng, let's talk this over. We can mediate. There's no need to call the police!"

"Are you blind? Didn't you see him hit me? I've been beaten to the ground and can't even get up, and you're not calling the police? What are you trying to do, protect the attacker?

No wonder my son is getting bullied by two little brats at this school. It's because of useless teachers like you!" the woman shrieked, her face swollen but her tone as arrogant as ever. It was clear she had no intention of being reasonable.

"Mr. Yi, Duo Duo's mother, this Mrs. Deng's husband is an executive at Zhuo Real Estate Company. You can't afford to offend her. You should just say a few nice words, apologize, and let this go," the teacher advised quietly, trying to be helpful.

"I will never apologize to someone who would viciously strike a child. If she wants to call the police, let her. We'll handle it however the police decide," Yi Anguo said, fuming.

It's normal for children to argue and fight; who didn't get into fights as a kid? An adult could step in to mediate and teach them a lesson, and that would be the end of it. But for an adult to strike a child directly was going too far.

Duo Duo was only four years old. How could an adult bring herself to strike a child like that, slapping her so hard across the face that it swelled up?

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