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	<title>PropertyInvesting.com | davidholihan | Activity</title>
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				<title>davidholihan replied to the topic Residential loan for small development? in the forum Finance</title>
				<link>https://www.propertyinvesting.com/topic/4384611-residential-loan-for-small-development/#post-4543026</link>
				<pubDate>Wed, 08 Mar 2006 02:12:49 +0000</pubDate>

									<content:encoded><![CDATA[<p>Hi there,</p>
<p>I am working on small development of my own in Hobart at the moment. Three villas.</p>
<p>We got a low doc resi loan, 7.2% for the development from a company by the name of Firstmac Mortgage Management. 1800 651 898 (Brisbane). They will do a low doc loan for development for up to 4 dwellings on any site.</p>
<p>David</p>
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				<title>davidholihan replied to the topic WHERE are these cashflow+ properties?? in the forum Help Needed!</title>
				<link>https://www.propertyinvesting.com/topic/4384341-where-are-these-cashflow-properties/#post-4541322</link>
				<pubDate>Tue, 21 Feb 2006 07:37:02 +0000</pubDate>

									<content:encoded><![CDATA[<p>Hi there &#8211; I just purchase 2 properties in Hobart there are giving me a 7% net return, so when borrowing at say 6.6%, it is positively cash flowed from the start.</p>
<p>They are out there. And funnly enough, the ANZ bank recently reported that the Hobart market is the only undervalued capital city real estate market in Australia &#8211; by 13%</p>
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