I am all set to sign a building contract for my 2 townhouse development but now have a finance issue. Plenty of equity but limited cashflow. Personal ownership, single, no dependants. I'm hoping our PropertyChat finance gurus can suggest viable options. Total assets: PPOR: $825k valuation Development site land: $1425k purchase price in 2013 (valuation now approx $2000k) Cash $1350k Total liabilities Mortgage: $1900k (cross-collaterized) Income: Wages: $169k pa + super Rent from PPOR (currently living interstate): $2,000/month Estimate rent from townhouses once developed: $15,000/month Future costs: Turnkey building contract $1.9m inc GST Buffer $100k Total $2000k Costs already paid for: Architect fees Council permits Engineering Soil reports Energy reports Holding costs to date Land taxes Estimated end value: 2 x townhouses $2.3m each = $4.6m Rental appraisal approx $1800/week/townhouse. Holding costs paid for by wages Current interest rate 4.65% Issue: I need about $700k more. I will have plenty of equity in the development but am struggling with cashflow according to my lender (big 4 bank) for a standard residential loan. I am told lending rules have changed substantially in the past 8 months.