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Finance for a residential cabin??? Urgent !! any suggestions??

tylon020's picture

Submitted by tylon020 on March 10, 2010 - 6:48pm.

Joined: 09/09/2003

Hi Guys just wondering im looking to buy a residential cabin which of course doesnt have a title buy would be +cashflow even if i borrow 100%
the problem is that i cant take a mortgage out on it as there is no title.
Personal loan is the only thing i can think of... is there any other way???

thanking you in advance


Qlds007's picture

March 10, 2010 - 7:35pm

Joined: 23/08/2003

Not unless you have equity in another residential security or similar.

I will assume the Vendor doesnt wish to finance it to you ?

Richard Taylor - richard@tayloredfinancialsolutions.com.au Tel: 07 3720 1888
Residential Mortgage Broker providing structured home loan advice for investors and owner occupiers all over Australia.
Thinking of buying your next investment property using a SMSF. Email me for a copy of my SMSF EBook.


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