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Barry

  • Profile picture of Barry

    Barry replied to the topic How to avoid bank traps when looking for loans in the forum Help Needed! 9 years, 3 months ago

    Thanks guys,

    Im starting my first development ( Corner block 3 unit site) but i know due to being 23 and having a pretty average income that there will come a point that servicing the loans will be an issue for me.

    Ideally id like to do 2-3 developments a year. Im pretty confident in finding the right block and actually making equity on the…[Read more]

  • Profile picture of Barry

    Barry started the topic How to avoid bank traps when looking for loans in the forum Help Needed! 9 years, 3 months ago

    Hi all,

    Im wondering if anyone has any advice regarding tricks/traps the banks use against property investors and developers to decline or reduce the amount of the loan they apply for.

    Ive heard from a few people in the development game to be “extremely careful” what you disclose to your lender as it is quite easy for them to turn your required…[Read more]

  • Profile picture of Barry

    Barry became a registered member 9 years, 3 months ago

Barry

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