Hi Team I have a client who executed a contract last year in the name of a trust. One of directors of the trustee Pty Ltd (there are 2, husband...
Hi Team I have an interesting situation that I hope someone else has come across to provide some insight. Problem I'm involved in a JV in which...
Thanks Terry
Hi Team I have a client building 5 townhouses in Palmyra, WA. Does anyone know of any commercial lenders operating in WA that don't require...
Hi Team I have a client looking to develop 5 dwellings on a property in the Perth southern suburbs and we're looking for finance. We don't want...
I'll put it to the committee!
Hi guys I'm involved with Perth Property Developers, a not-for-profit networking group attended by genuine developers and property-doers in the...
Yikes. Thanks peeps, yes exactly my thoughts.
Hi Team I have a friend (not a client) who has attained a property in Perth metro area and is looking to develop 5 dwellings. He's already placed...
Terry is leasing to a parent allowed?
Why are you changing the structure of the loans? I can understand switching to IO but unless I'm missing something you're better off keeping all...
Pretty good. I think you're sweating too much here, it's $18 after all. If you need the $18 then change, if you don't it's not a big deal....
It'll be interesting to see how the beta round goes. The $500m capacity they have will be super funds pledging to fund home loans. If it goes well...
If you owe $400k and your limit is $400k then you pay down an extra $50k, in theory you should be able to redraw this. The tricky part is your...
It's worth a call to your bank or broker. A colleague extended the IO on his PPOR a further 5 years (second round) with a phone call to his bank...
If emails aren't working call your broker. It should also state in your credit proposal security properties. Xcoll is typically what lazy or...
If you need real figures a broker is the best place to go because they'll be able to select the best type for your purpose. As Jess said, it...
Both excellent responses. Provided no one was added or removed from the business then switching to Pty Ltd shouldn't be an issue. You won't need...
The easiest way is a tax return to prove rental income.
OTP at the moment is risky in the current environment. I've seen this many many times recently where vals just don't stack up. Even though 3...
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