PropertyInvesting.com | TonyG | Activity https://www.propertyinvesting.com/members/tonyg79/activity/ Activity feed for TonyG. Sat, 18 Apr 2026 10:39:36 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 6db8d6d75d0a848d6c2ffd989160384b TonyG replied to the topic Bank Lending Flexibility - As If Complete vs In One Line Valuations in the forum Help Needed! https://www.propertyinvesting.com/topic/5039749-bank-lending-flexibility-as-if-complete-vs-in-one-line-valuations/#post-5039759 Sat, 23 Sep 2017 00:30:22 +0000 Thx Terry. Yes the LVR is 80% so will lend 80% of the valuation result. Say the As If Complete result = $2.5mm & the In One Line = $2mm (20% discount). I can get over the line on the 0.8×2.5mm val but probably not the 0.8x2mm val so do you think banks would weigh it up and confirm unconditional approval or is it a hard rule that in one line val…[Read more]

]]> 1a45bbdfaed22f7d8699c142f28bcf4b TonyG started the topic Bank Lending Flexibility - As If Complete vs In One Line Valuations in the forum Help Needed! https://www.propertyinvesting.com/topic/5039749-bank-lending-flexibility-as-if-complete-vs-in-one-line-valuations/ Fri, 22 Sep 2017 13:42:25 +0000 Hi Team, I am building a small multi unit complex which I will strata upon completion. The loan will be residential vs commercial. The bank ordered a valuation for as if complete and in one line. I understand an in one line valuation can be between a 15-30% discount on the as if complete. I think I could get over the line on an as if complete…[Read more]

]]> 30b330a82372d385495c9551f1fcf48e TonyG's profile was updated https://www.propertyinvesting.com/activity/p/364967/ Fri, 22 Sep 2017 13:29:50 +0000 695419ebec2cccd1cc55c92021b4ac40 ozboy74 started the topic Construction Loan & Strata in the forum Finance https://www.propertyinvesting.com/topic/5037677-construction-loan-strata/ Thu, 22 Jun 2017 07:14:53 +0000 Hi All, Question re sourcing finance for a redevelopment.

My property is 3 units on one title (since been demolished).

Some banks have told me that they can’t give me a construction loan due to 3 units on one title but it would be a different matter if the units were strata.

I had a quick discussion with my planner + she advised that my…[Read more]

]]> 5518593b414a90e6f23a63a94cf37aeb ozboy74 replied to the topic Loan Structure Advice in the forum Finance https://www.propertyinvesting.com/topic/5031018-loan-structure-advice/#post-5031035 Sat, 05 Nov 2016 23:16:19 +0000 The block of units were built back in 40’s + in v. poor condition so req a major reno (Im basically bulldozing + rebuilding). The location is waterfront in a premium location. The ‘as if complete’ valuations are 1.2m / 1.3m / 1.5m. I intend to hold forever + even live in the penthouse one day.

]]> 96b992770307eb07f8fede95621226a2 ozboy74 started the topic Loan Structure Advice in the forum Finance https://www.propertyinvesting.com/topic/5031018-loan-structure-advice/ Fri, 04 Nov 2016 13:52:15 +0000 Hi Everyone,
I purchased an investment property which consisted of an old block of 3 non strata units + currently have one mortgage on this total property.
My DA to do a major reno (~$1mm) of these 3 units which I intend to strata (I understand strata units have better valuations + gives me the option to sell 1 in the future) has just been…[Read more]

]]> f8397e193e63f229d18be35293cca892 ozboy74 replied to the topic Redevelopment Partnership Implications in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5008787-redevelopment-partnership-implications/#post-5008794 Tue, 16 Jun 2015 14:41:50 +0000 Thx Terryw. Our arrangement is simply joint owners + based on a handshake (sibling) – we had signed a partnership agreement when there was 3 parties with 3 equal shares in the investment property – but I bought out one party + we never re-signed a new partnership agreement. Im thinking we will need to seek a solicitor to review + confirm how to…[Read more]

]]> 6ef375316a7c2cf1909a5c543065ab6a ozboy74 started the topic Building Insurance & Neighbour Property Damage in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5008789-building-insurance-neighbour-property-damage/ Tue, 16 Jun 2015 12:15:24 +0000 We plan to redevelop an investment property. The location of this property is waterfront so ground/foundations largely made up of sand. The neighbours request that we pay for a structural engineer to inspect their property before + after the build as well as pay for any damage found arising from these reports. The neighbours houses are very old +…[Read more]

]]> 72daa41901e723569761dd36c466986d ozboy74 started the topic Redevelopment Partnership Implications in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5008787-redevelopment-partnership-implications/ Tue, 16 Jun 2015 11:54:54 +0000 Hi Everyone, I own 2/3rds of an investment property with another party who owns 1/3rd. We currently split rental income + expenses based on ownership stakes i.e. I earn + pay 2/3rds. We will knock down existing block of units + build 3x3bdm units – Unit 1 + 2 on the bottom are identical + Unit 3 on top will be a ‘penthouse’. We plan to sell Unit 2…[Read more]

]]> b855b5adc47e0c4a29d79295375e7604 ozboy74 started the topic Aussie Expats Foreign Salary Handling for Lending by Oz Banks in the forum Finance https://www.propertyinvesting.com/topic/5008786-aussie-expats-foreign-salary-handling-for-lending-by-oz-banks/ Tue, 16 Jun 2015 11:35:03 +0000 Hi Everyone, I am an Aussie expat living overseas. I currently have a mortgage on an investment property with CBA. I have applied for more finance to invest in additional property however CBA advise that they have concerns re: servicing. They were reluctant to confirm their exact policy on this topic but based on the limited info they did give it…[Read more]

]]> e1cf078ab791bef4b867b6bb9a0b5f7f ozboy74 started the topic Valuations & Holiday Rental Income in the forum Help Needed! https://www.propertyinvesting.com/topic/5008784-valuations-holiday-rental-income/ Tue, 16 Jun 2015 11:24:47 +0000 I just had a residential valuation completed on my investment property (block consists of 2 holiday units + 3 permanent units) + it returned a very disappointing ‘As Is’ valuation based on capitalisation method b/c apparently new regulation now prohibits the use of holiday rental income (which is much higher vs permanent) so can only use estimated…[Read more]

]]> 437fba6bcb523e9f2bf0cb94e373e474 TonyG became a registered member https://www.propertyinvesting.com/activity/p/317721/ Tue, 16 Jun 2015 09:22:12 +0000