Hi All, We are currently in the process of acquiring land that can accommodate 4 townhouses. It is vacant land. The value of the land is $440k. Our plan is to purchase the land under a family trust account, apply for a DA - 4 townhouses, then we have three options: a) sell the land with DA and potentially realize a $170k profit or b) sell two townhouses off the plan and then apply for further construction finance or c) apply for construction finance for the 4 townhouses, sell all 4 and potentially realize a profit of $400k Our equity is fine, but limited cash flow and serviceability. Cost of land 440k Cost of DA application 40k 480k Therefore, initial loan required to purchase land 480k If construction goes ahead costs are: Buildings 800k Infrastructure charges 120k Total cost of project 920k + 440k (land) 1360k Total sales: 4 x 440k 1760k 29% profit = 400k Questions for Property Chat gurus: a) What finance options do we have to secure the land? b) What finance options do we have for a construction loan? c) Which of the above three options would be the most feasible?