Hi, this is my first question after getting my questions answered by others over the years! We are planning an extensive reno on an investment...
Hi all, I am doing a JV with 3 other neighbors. We are looking to borrow 25-30% of GRV value on 12 townhouses that we all wish to retain....
I am given to understand that if I develop 2 townhouses on a land, it will not be treated as a commercial loan My plan is to sell both the...
I'm at lock up stage of a 2 high-end townhouse development and need additional lending. It has been complicated to obtain - even though my LVR is...
Hi. Just a quick scenario. My brother and I wish to purchase an existing old dwelling and land price (1.05 mil) , we intend to demolish and...
Hi All, We currently have a piece of land valued at approx 40k. We want to get a construction loan to build on it. Building cost with be...
Hi We are looking to sell our current home (structure only), have it removed from the block and then build on our current block. How does this...
Hi all I’m Brand new to PC. We have approvals in place for the construction of two townhouses in inner Melb. We have just received the lenders...
Considering taking out a construction loan. If I borrow say $300k and only draw down $250k for build, what happens to unused $50,000 in funds?
Hello, Situation: I'm demolishing an existing dwelling to subdivide the land into two lots and build two separate dwellings. In order to do so, I...
Hi All, I have applied for construction loan with ANZ on Jan 11th . The manager took a week to submit my file to his back office . And then on...
Hi guys, our construction loan for a two townhouse development is about to be approved for $1.2M, but there a few structural changes happening at...
Hi everyone, my parents are looking at various investment options, including considering buying a piece of land, do a subdivision and then build...
Given the situation that we are very interested in living in a house in Cherrybrook and our max loan borrowing capacity of 1.1m don't allow u to...
With a construction loan, do I need to show the bank 10% of the total amount of house and land upfront, or just the land upfront and then can I...
If you were buying land with the intention to build an IP, would there be a time limit on when building would need to commence?
Slowly getting the deposit together for the first IP so have started thinking about how to find the reno $'s instead of waiting another year to...
Hi, I have PPOR + 4 vacant lands I am planning to start construction on all 4 lands. I have enough equity in lands+ cash in my ppor offset to...
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