All Topics / Finance / Subdivision finalisation – 10K required

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  • Profile photo of steve3556steve3556
    Member
    @steve3556
    Join Date: 2004
    Post Count: 40
    October 27, 2004 - 11:22 am

    Greetings All

    Here is one for Number Crunchers:

    I require $10,000 to finalise a subdivision of my own block (the saga continues) as part of the process the existing title will be destroyed and two new ones issued.

    Aside from a personal loan, Can anyone suggest any other way to raise the money without a title as security?

    When the subdivision is complete l would be looking to borrow 180,000 to build.

    Thanks
    Steve

    Profile photo of Fast LaneFast Lane
    Member
    @fast-lane
    Join Date: 2004
    Post Count: 527
    October 27, 2004 - 12:10 pm

    Hi Steve,
    Depending on how long you need the money for, you could always use a private lender, the ones that advertise usually in the Saturday newspapers. A lot don’t require security, just an ability to repay.
    Also friends or family might help or even just wack it on a credit card.

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781
    October 27, 2004 - 12:16 pm

    I would suggest a credit card or a family loan.

    Simon Macks
    Mortgage Broker
    http://www.mortgagehunter.com.au
    0425 228 985

    Todays Hot Rate
    ***3 year fixed – 6.49%***

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

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