PropertyInvesting.com | Andrew2010 | Activity https://www.propertyinvesting.com/members/andrew2010/activity/ Activity feed for Andrew2010. Sat, 18 Apr 2026 02:31:50 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 db1f010c354f54b2175c244892b75da1 Andrew2010 replied to the topic Banks that lend to the Unit Trust in the forum Finance https://www.propertyinvesting.com/topic/4399973-banks-that-lend-to-the-unit-trust/#post-4624657 Sat, 22 May 2010 11:29:25 +0000 Thanks all. May be we haven't talked to the right person. I will try to contact CBA next week.  @ Banker: We have talked to Westpac. They have no problem lending to Individuals for the block of 6. However, if we want to buy under the Unit Trust name, they will classify the loan as Commercial Loan with commercial rate and only lend 70%.@ Richard:…[Read more]

]]> 7458be8c8bed125bf966e5306d382b86 Andrew2010 replied to the topic Will Discretionary Trust work in purchasing property when the partners are not family member in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399969-will-discretionary-trust-work-in-purchasing-property-when-the-partners-are-not-family-member/#post-4624645 Sat, 22 May 2010 00:15:47 +0000 Hi Paul,rThanks for your advice. Yes, we would feel much more comfortable if we can set up a Unit Trust with the Family Trusts being the Unit holders. And now, considering the Land Tax issue, that structure is even more appealing.If you don't mind, could you tell me if you had to borrow the money to buy the property you have mentioned with the…[Read more]

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