Theo P replied to the topic Student Accommodation using Vendor Terms in the forum Finance 18 years, 5 months ago
Thanks for your help. I’ll let you know how this pans out.
Enjoy the weekend!
Theo
Theo P replied to the topic Student Accommodation using Vendor Terms in the forum Finance 18 years, 5 months ago
Thanks for your comments guys. The first IP was also purchased under vendor terms, using the NAB, a year ago. (I’ve always used the NAB because they understood Vendor finance conditions). However, the recent change in lending policy on this type of property has given me a new challenge. At present there isn’t enough equity to cover the $92,000+…[Read more]