Yes i have done one or two. For which State are you referrring too.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

Sorry for the delay in replying Westan.

No all of the deals we have done do far have been done at wholesale pricing.

Just that we need to control the properties to avoid poor appraisals.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial…[Read more]

Solo
It has been a path i have on for around a decade and still own around 6 non start titled blocks of units in Brisbane.
In essense we buy inline and then strata, refurbish and onsell 1 block at a time.
If you can buy the block inline then you will certainly save on Rates and Land Tax and if your intension is to hold and obtain higher yields and…[Read more]

Hi there

A bridging loan works on the basis that the lender wlll finance the property you are looking at purchasing and costs and take a mortgage against this property and the property you are selling.

Dependant on the equity level the interest charged can be rolled up into the loan and the debt repaid once the property is sold.

This day and…[Read more]

I have done several in the Q100 range and they were not a problem just the LVR needs to be <80%.

Just bear in mind if you purchase such a property you may wish to sell it one day and the number of purchasers with 20% deposit maybe limited.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial…[Read more]

No a stamp duty expense is not triggered once a property is subdivided.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

Chasd is correct most brokers have arrangements with such lenders.

There are 6 lenders I am aware of who openly lend to FN’s in Texas. The terms vary dependant on whether it is a single family dwelling or an investment property and whether the loan amount is >$50 K or not.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from…[Read more]

If you want an alternative talk to Leonnie at Melville McGregor on the Southside on 3807 1522.

They have been my solicitors for over 12 years and have done one or 2 conveyances for me.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial…[Read more]

Neither HSBC or Citibank offer loans to Foreign Nationals

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

Andrea,

In which State will you being doing Installment Contracts?

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

Nathan

Slightly concerned that you are looking at offering a LO when you are not fully au fait with the ins and outs of such.

Suggest you read up first as you will need to be able to explain to any potential tenant the pluses and pitfalls.

Unfortunately it is not the quick way to riches and it maybe worth your while to spend some money by…[Read more]

I am with APerry he has no idea what he is talking about.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

Do you live in NSW also and would it be a standard Real Estate Contract?

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

Hi Pete

Good for you both and if you have done your due diligence and the deal stacks up go for it.

With regards to finance dependant on the number of townhouses you are looking to construct on the block and the value of the total deal will determine amongst other things what Loan to Value the lender will go upto.

Financing a Commercial…[Read more]

Exactly Terry

Scary sometimes isnt it that they let these guys out there on their own.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

Robert would need to know more about the deal before i could comment further.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

Anita

Jimi is an overseas resident not an Australian living abroad so the Anz Bank product would not be any use to him.

In saying if he was 95% + is available with a couple of other lenders.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial…[Read more]

Probably not. We have received so many enquiries since I launched this a week ago it is not funny.

Perhaps i might have let the cat out of the bag too early.

We are closing these deals at a couple a week and think I will restrict application to certain introducers only.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from…[Read more]

I think Anita is right but personally would want more than 3 Years experience from anyone i trusted my finances with.

Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
richard@yourstatefinance.com
Ph: 07-3720 1888

MCF

The Call Option Contract would have a draft purchase contract within the document which would normally be a cash unconditional contract with settlement of 30 days (Qld anyway).

Once the Option was exercised the nominated party would be entered into the contract as the purchaser and the purchase price would be the original price agreed with…[Read more]