PropertyInvesting.com | Ashley_New Builder | Activity https://www.propertyinvesting.com/members/ashley_new-builder/activity/ Activity feed for Ashley_New Builder. Sun, 05 Apr 2026 21:18:20 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 fdb06771fe0893c8c94965cff9d488c5 Ashley_New Builder replied to the topic Strategy for build own house and sell for profit in the forum Creative Investing https://www.propertyinvesting.com/topic/4406332-strategy-for-build-own-house-and-sell-for-profit/page/2/#post-4667612 Fri, 27 Apr 2012 10:22:11 +0000 Thanks everyone for your comments. I think perhaps you are making things a lot more complicated than they need to be? My thoughts are to simply build a house to live in for maybe 12 months or so, then sell and repeat the process. I am simply looking at building up equity each time until we are debt free. For example, buy block of land for $300K…[Read more]

]]> de39ddf36b4354c5440f7322a0047bcd Ashley_New Builder replied to the topic Strategy for build own house and sell for profit in the forum Creative Investing https://www.propertyinvesting.com/topic/4406332-strategy-for-build-own-house-and-sell-for-profit/page/2/#post-4667610 Sun, 22 Apr 2012 09:45:21 +0000 This is where I am finding myself in some sort of dilemna. Can’t afford to keep the family home and buy another property to renovate, or build a new home. Have a reasonable amount of equity in the family home which will ideally be used as working capitol. My thought is to either build or renovate but live in that home until I sell for a profit.…[Read more]

]]> dc8d3fba63e34bdfcf8e915ac530446a Ashley_New Builder replied to the topic Strategy for build own house and sell for profit in the forum Creative Investing https://www.propertyinvesting.com/topic/4406332-strategy-for-build-own-house-and-sell-for-profit/#post-4667600 Mon, 16 Apr 2012 12:26:48 +0000 Terryw wrote:
Do you have another job? Or can you provide 2 years financials?You may also want to get a LOC over the existing equity now. Then get 80% based on land value and just construct using the LOC – if enough.

Currently working full time in a job that will give me the flexibility to supervise the build. Plan is to keep working full time…[Read more]

]]> f14ff4adf961cfb4918acec2859275b7 Ashley_New Builder replied to the topic Strategy for build own house and sell for profit in the forum Creative Investing https://www.propertyinvesting.com/topic/4406332-strategy-for-build-own-house-and-sell-for-profit/#post-4667598 Mon, 16 Apr 2012 12:04:04 +0000 Terryw wrote:
You should really go and see a broker. Because if you own a company you will be considered self employed. If your company is contracting to build your house then they will probably see this as owner builder.

Even if they do consider this to be an owner builder scenario, it should only affect the lending ratio. As we will have a…[Read more]

]]> ad0ca82434e30ab7bd507c6a63431f29 Ashley_New Builder replied to the topic Strategy for build own house and sell for profit in the forum Creative Investing https://www.propertyinvesting.com/topic/4406332-strategy-for-build-own-house-and-sell-for-profit/#post-4667596 Mon, 16 Apr 2012 11:50:41 +0000 Terryw wrote:
Qualifying for finance may be an issue – you may be classed as an owner builder.

Have a mate in finance who has advised that best strategy is to prepare a contract in company name to build for ourselves. The key point he has raised is to keep as much equity as possible to fund the build and use the banks money to purchase land…[Read more]

]]> b81971e5594fb5519aeaac533c05d2a4 Ashley_New Builder replied to the topic Strategy for build own house and sell for profit in the forum Creative Investing https://www.propertyinvesting.com/topic/4406332-strategy-for-build-own-house-and-sell-for-profit/#post-4667595 Mon, 16 Apr 2012 11:41:03 +0000 Cintaku wrote:
Ashley,If it is not too much to ask do you intend to sell to investors and stay to rent your own house after sell each time or you sell with intention to move to rent elsewhere? Or any of the two depending on circumstances of PPoR sell?

Hadn’t thought of the first option, but would consider it. I would have thought the second…[Read more]

]]> 00993389a4010185dfdc1b7281501bef Ashley_New Builder replied to the topic Strategy for build own house and sell for profit in the forum Creative Investing https://www.propertyinvesting.com/topic/4406332-strategy-for-build-own-house-and-sell-for-profit/#post-4667594 Mon, 16 Apr 2012 11:36:07 +0000 Cintaku wrote:
Ashley,I forgot to also ask. What kind of builder are you? Timber/steel frame carpenter builder or concrete or other types of blocks builder?

Will probably stick with traditional lightweight construction – either timber or steel frame, and make sure the house suits the Qld climate, i.e. large alfresco area and open plan.

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