Benny Qld replied to the topic Using land as collateral for construction in the forum Finance 11 years, 10 months ago
Thanks guys, i guess that means back to the drawing block again for me as this may take up more money than i initially budgeted!
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Benny Qld replied to the topic Using land as collateral for construction in the forum Finance 11 years, 10 months ago
Thanks Terry. On point 1, how does the bank assess 65% of completed value? Would a Development Approval and architects plans be sufficient submissions to the bank?
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Benny Qld replied to the topic Should I use a Trust or a Company? in the forum Legal & Accounting 11 years, 10 months ago
Thanks Jamie will do.
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Benny Qld started the topic Using land as collateral for construction in the forum Finance 11 years, 10 months ago
Dear all,
Would aporeciate your kind inputs on the case study below. There are 2 parts to the question so please contribute any information or experiences you may have had.
1) I have purchased a piece of land worth $1million with the intent to develop a 10 unit apartment block (correct me if im wrong but this would have to fist pass zoning…[Read more]
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Benny Qld started the topic Should I use a Trust or a Company? in the forum Legal & Accounting 11 years, 10 months ago
Dear friends,
This is my maiden post and would like to thank any contributors to my query. I have lived in Australia before but am now based overseas. I have a few investors who wish to invest in property development opportunities in Australia and would like me to run it on their behalf. I have done preliminary research and have come to the…[Read more]
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Benny Qld became a registered member 11 years, 10 months ago
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