Hi All,
Could anybody please suggest a good source of mezzanine funding for a small 4 townhouse development in Melbourne.
All help greatly appreciated.
Best regards,
Charlie
What LVR are you looking for and who is holding the senior debt ?
Richard Taylor | Australia's leading private lender
If you are after additional options, email your contact information to me and I will speak to some of our private funders?
MortgagePlus wrote:If you are after additional options, email your contact information to me and I will speak to some of our private funders?I have 3 close friends that want to join with me to buy a property in a particalur area and develop townhouses. One of my friend is a surveyor and we all agreed on repayments at $4500 a month. We have a very good business plan but we dont know how to finance the deal. Can you help in any way because we are really eager to start. thank you
Mez finance is certainly still available albeit at a considerably higher interest rate but a lot more information would be required to ascertain whether the deal would qualify.
If you want shoot me an email with the details of the site and the party involved i can tell you what can be done.
Richard Taylor | Australia's leading private lender
Mezzanine…..oh no!!!!
I'm having Westpoint nightmares
So do most lenders Rudiga but it is still available for the right project and client.
Richard Taylor | Australia's leading private lender
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