Hi All, I am currently looking into buying a block of land in the Illawarra and building a house. I have a budget of 350k for the entire build...
I see, so you mean that since the LMI is capitalised onto the loan, the loan would go from $1,000,000 to $1,000,000 + LMI (~$30,000) =...
If getting a 95% LVR would LMI be lumped onto the loan? For example, upfront on a $1 million loan; 5% deposit = ~$50,000 Stamp duty =...
Hey Guys, I am about to purchase an existing franchise.The structure that will be put in place is as follows; 50% of the Company will be owned...
How about buying properties that are neutral and set for growth and can have duel occupancy added in later.After development sell one off and use...
Great information! Its not on a corner block its a rectangle and its long side runs along the road front. So very rough numbers would be looking...
Yep, I most likely misinterpreted, I will call to confirm. I am also not sure how the title will work, will it be strata titled?? What are the...
Thank you - the site is fairly level and cleared so hopefully $1100 per m2 is pretty close. I might be wrong, but I got the impression from the...
This is brilliant! Thankyou. I wonder how accurate those prices are and what they include.
Hi Guys, Doing DD on a place that qualifies as 'self assessable' for a duel occupancy in Moreton bay region - It has 25m primary frontage sitting...
Completely agree, it all angled down to one small drain pipe. Dodgy.
Maybe. I actually visited this property though and it clearly had termites and had an offer already accepted on it. I am guessing the B&P came...
TERMITES!!
Can any experts can help me with this? In the MBRC planning scheme under secondary dwelling it states "A Secondary dwelling may be free standing...
The LGA I am looking into requires the second dwelling to be strata titled before leasing with separate utilities. Seems expensive and maybe not...
I am in a very similar situation. I decided to get a 88% LVR (LMI is cheaper at this %) and buy an IP in North Brisbane (Kallangur area) for...
Nice. Do you prefer detached dwellings? What size blocks do you generally go for?
Love this strategy. Could you give an example of the type of duel occ properties that you search for? i.e corner blocks, double story properties etc..
Think its coming from the rise in Gold Coast units.
Screenshot of the summary. Interesting that Adelaide is that low.
Separate names with a comma.