Hi Jason

Why doesn’t he sell 2nd hand property ?

Also why does he need to offer a rental guarantee unless the purchase price has been loaded to incorporate such a guarantee.

Cheers

Yours in Finance

Sorry i have to disagree it certainly can be done but you might need a 3rd party ACL holder.

We have spent 2 years working on a new Company called No Deposit Housing Pty Ltd which now provides deposit finance throughout Qld to owner occupiers. We have 7 major lenders signed up for the scheme and have started doing our first few deals.

We charge…[Read more]

Sorry i have to disagree it certainly can be done but you might need a 3rd party ACL holder.

We have spent 2 years working on a new Company called No Deposit Housing Pty Ltd which now provides deposit finance throughout Qld to owner occupiers. We have 7 major lenders signed up for the scheme and have started doing our first few deals.

We charge…[Read more]

Sorry i have to disagree it certainly can be done but you might need a 3rd party ACL holder.

We have spent 2 years working on a new Company called No Deposit Housing Pty Ltd which now provides deposit finance throughout Qld to owner occupiers. We have 7 major lenders sign up for the scheme and have started doing our first few deals.

We charge a…[Read more]

You could look to get a Bank Valuation on the property and then look to sell it on No Deposit to an owner occupier / investor.

We have just listed a number of properties in Portside, Hamilton on a similar basis.

Might not get all of your funds back immediately but over a period of time charging a rate of interest on the balance.

Especially if…[Read more]

You could look to get a Bank Valuation on the property and then look to sell it on No Deposit to an owner occupier / investor.

We have just listed a number of properties in Portside on a similar basis.

Might not get all of your funds back immediately but over a period of time.

Especially if the sale price is higher than it would be thru a…[Read more]

JT we do a lot of loans in regional Australia.

If you want to email me some suburbs or post codes be happy to look for you and tell you what is your likely lvr.

Cheers

Yours in Finance

Michael welcome to the forum.

You can certainly do better than a Suncorp investment loan so would shop around again if that is what he has recommended.

PPOR with 1 lender on a split loan and then new lender for investment loan.

Cheers

Yours in Finance

Michael welcome to the foumr.

You can certainly do better than a Suncorp investment loan so would shop around again if that is what he has recommended.

PPOR with 1 lender on a split loan and then new lender for investment loan.

Cheers

Yours in Finance

R2D2 Lending terms vary considerably.

We work closely with a couple of Chinese Migration Firms based in Hong Kong who are always seeking finance for their clients both Non Residents and those seeking PR in Australia.

Still get 80% on purchase price / valuation.

Cheers

Yours in Finance

Hi Leigh

Be surprised how many BA Forum clients we have wanting to do the same thing.

Done properly I think it is a good strategy you just need to make sure the post construction valuation is equivalent to at least the initial purchase price + cost of granny flat and that the builder is not making a healthy mark up on your project.

Try avoid…[Read more]

Hi Leigh

Be surprised how many BA clients we have wanting to do the same thing.

Done properly I think it is a good strategy just need to make sure the post construction valuation is equivalent to at least the initial purchase price + cost of granny flat and that the builder is not making a healthy mark up on your project.

Try avoid those areas…[Read more]

Hi Cjones

If it is an inner city unit run for the hills as we are starting to see an over supply in this area with falling rents.

Free standing freehold houses is different certainly lots of activity in this market.

Very good demand for quality homes where you can add value and if the number of forum member enquiries we are receiving is an…[Read more]

Not really as I imagine the HC makes payment directly to the landlord or PM.

Just make sure the HC doesn’t provide a subsidy to the Tenant and then it is upto them to make payment directly to you as you might never see it.

I have a number of my Vendor Finance deals with Tenants who are receipt of rental assistance / some of Commonwealth Benefit…[Read more]

A simple phone call to the Building Dept of the relevant Council will tell you the name of the Builder who lodged the plans.

Even if you have to nip down and do a manual search wouldn’t take long.

Cheers

Yours in Finance

Hi Jon

Being a smaller development you might find someone interested.

I assume the land etc will be in the investors sole name so not sure why anyone with the cash would not do it themselves.

We would get an enquiry a week from developers asking me whether we would be interested in privately funding their deals but most of them the returns are…[Read more]

Hi Feng

Sure we use Depreciator for our clients QS’s reports.

Their contact details are 1300 66 00 33.

Ask for Marcel and tell him you were referred by Taylored Financial Solutions and they will look after you.

Cheers

Yours in Finance